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File No. 69-333
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM U-3A-2/A
STATEMENT BY HOLDING COMPANY CLAIMING EXEMPTION UNDER
RULE U-3A-2 FROM THE PROVISIONS OF THE PUBLIC UTILITY
HOLDING COMPANY ACT OF 1935
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TO BE FILED ANNUALLY PRIOR TO MARCH 1
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CMS ENERGY CORPORATION
(Name of Company)
hereby files with the Securities and Exchange Commission, pursuant to Rule
2, its statement claiming exemption as a holding company from the
provisions of the Public Utility Holding Company Act of 1935, and submits
the following information:
February 28, 2001
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1. NAME, STATE OF ORGANIZATION, LOCATION AND NATURE OF BUSINESS OF CLAIMANT
AND EVERY SUBSIDIARY THEREOF, OTHER THAN ANY EXEMPT WHOLESALE GENERATOR
(EWG) OR FOREIGN UTILITY COMPANY IN WHICH CLAIMANT DIRECTLY OR INDIRECTLY
HOLDS AN INTEREST.
CLAIMANT HAS LISTED EWGS, IDENTIFIED BY AN ASTERIK (*) AND FUCOS, IDENTIFIED BY
DOUBLE ASTERIK (**) IN ORDER TO MAINTAIN THE CONTINUITY OF THE ORGANIZATIONAL
CHART.
For the purpose of this filing CMS Energy will address the information requested
in section 1 under the headings of CMS Energy Corporation, CMS Enterprises
Company and Consumers Energy Company. As CMS Energy discusses in detail below,
CMS Energy Corporation is the parent company for CMS Enterprises Company and
Consumers Energy Company. All ownership interests are 100% unless indicated
parenthetically to the contrary.
A. CMS ENERGY CORPORATION
ADDRESS: Fairlane Plaza South, Suite 1100, 330 Town Center Drive, Dearborn,
Michigan 48126
CMS Energy Corporation ("CMS Energy") was duly incorporated under the laws of
the State of Michigan in 1987. CMS Energy is a $9.0 billion (sales) energy
company with subsidiaries engaged in electric utility operations, gas utility
operations, oil and gas exploration and production, the acquisition, development
and operation of independent power production facilities, energy marketing and
trading and the transportation, storage and marketing of natural gas.
The name, state of organization and nature of business of CMS Energy's direct
subsidiaries are described below:
1. CMS ENTERPRISES COMPANY
ADDRESS: Fairlane Plaza South, Suite 1100, 330 Town Center
Drive, Dearborn, Michigan 48126
CMS Enterprises Company is a Michigan corporation that owns
subsidiaries engaged in the development, acquisition and
management of energy-related businesses and projects worldwide.
2. CONSUMERS ENERGY COMPANY
ADDRESS: 212 West Michigan Avenue, Jackson, Michigan 49201
Consumers Energy Company is a Michigan corporation engaged in the
generation, purchase, transmission, distribution and sale of
electricity, and in the purchase, storage, transmission,
distribution and sale of natural gas, in the lower peninsula of
the State of Michigan.
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B. CMS ENTERPRISES COMPANY
ADDRESS: Fairlane Plaza South, Suite 1100, 330 Town Center Drive, Dearborn,
Michigan 48126
The name, state of organization and nature of business of each subsidiary and
their subsidiaries are described below:
1. CMS CAPITAL CORP.
ADDRESS: Fairlane Plaza South, Suite 1100, 330 Town Center Drive,
Dearborn, Michigan 48126
CMS Capital is a Michigan corporation formed to assist in
securing financing for CMS Energy Corporation and its
subsidiaries and affiliates.
1.1 CMS Capital Financial Services, Inc.
ADDRESS: Fairlane Plaza South, Suite 1100, 330 Town Center
Drive, Dearborn, Michigan 48126
CMS Capital Financial Services, Inc. is a Michigan
corporation engaged in the business of making loans to
homeowners and small businesses for energy related
goods or services.
1.1.1 First Utility Finance, Inc., a Michigan corporation.
2. CMS COMERCIALIZADORA DE ENERGIA S.A. (98.52%)
ADDRESS: Avenida Roque Saenz Pena 1116, 9th Floor, Buenos Aires,
Argentina
CMS Comercializadora de Energia S.A. is an Argentine company
engaged in gas and electric marketing operations in Argentina.
3. *CMS DISTRIBUTED POWER, L.L.C.
ADDRESS: Fairlane Plaza South, Suite 1100, 330 Town Center Drive,
Dearborn, Michigan 48126
CMS Distributed Power, L.L.C is a Michigan limited liability
company formed for the purpose of aggregating the output from
multiple generators to have power available on demand.
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4. CMS ELECTRIC AND GAS COMPANY
ADDRESS: Fairlane Plaza South, Suite 1100, 330 Town Center Drive,
Dearborn, Michigan 48126
CMS Electric and Gas Company is a Michigan corporation involved
in purchasing, investing in and operating gas and electric
distribution systems worldwide
4.1 CMS Netherlands Funding Company
ADDRESS: Fairlane Plaza South, Suite 1100, 330 Town Center
Drive, Dearborn, Michigan 48126
CMS Netherlands Funding Company is a Michigan corporation
formed as a holding company for CMS Electric and Gas
Company's international interests.
4.1.1 Notera Holding B.V., a Netherlands company
4.2 CMS Venezuela, S.A.
ADDRESS: Torre Edicampo PH Av Francisco de Miranda Cruce con
Av El Parque Campo Alegre, Caracas 010-A
CMS Venezuela, S.A. is a Venezuelan company formed to
operate Sistema Electrico Nueva Esparta C.A. (SENECA).
4.3 Compania de Inversiones en Energia Electrica S.A.
(CIEESA)(51%)
ADDRESS: Edificio Torre Catalinas Plaza, Ing. Enrique Butty
220, 8(Degree) Piso, (Av. E. Madero Alt. 800/900), (1300)
Buenos Aires, Argentina
Compania de Inversiones en Energia Electrica S.A. is an
Argentine corporation formed as a holding company for
investments in electric distribution systems in Argentina.
4.3.1 Inversora en Distribucion de Entre Rios S.A.
(53.5%)
4.3.1.1 **Empresa Distribuidora de
Electricidad de Entre Rios S.A.
(EDEER) (90%)
4.3.2 Sociedad Inversora en Distribucion de
Electricidad S.A. (SIDESA) (60%)
4.3.3 Sociedad Inversora y Distribucion de
Electricidad de Mendoza S.A. (SIDEMSA) (57%)
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4.4 ENELMAR, S.A. (60%)
ADDRESS: Baker & McKenzie, Torre Edicampo, P.H. Avenida
Francisco De Miranda, Cruce Con Avenida Tercera,
Urbanizacion Campo Alegre, Caracas, Venezuela
ENELMAR, S.A. is a Venezuela company formed to hold CMS
Electric and Gas Company's interest in the privatized
electric system of the State of Nueva Esparta.
4.4.1 **Sistema Electrico Nueva Esparta C.A.
(SENECA) (70%), a Venezuela corporation.
4.5 Financial Joint Venture, L.L.C. (99%)
ADDRESS: Fairlane Plaza South, Suite 1100, 330 Town Center
Drive, Dearborn, Michigan 48126
Financial Joint Venture, L.L.C. is a Michigan limited
liability company formed for the purpose of investments in
Brazil.
4.5.1 CMS Distribuidora, Ltda., a Brazilian
corporation, which has the following
subsidiaries:
4.5.1.1 CMS Participacoes Ltda., a
Brazilian corporation (99.99)
4.5.1.1.1 **Companhia Paulista de Energia
Eletrica (CPEE), a Brazilian
corporation (81.22%)
4.5.1.1.1.1 Companhia Sul Paulista
de Energia Eletrica
(CSPE), a Brazilian
corporation (88.63%)
4.5.1.1.1.1.1 **Companhia Jaguari de
Energia (CJE), a Brazilian
corporation
4.5.1.1.1.1.2 **Companhia Luz e Forca de
Mococo (CLFM), a Brazilian
corporation
4.5.1.1.1.2 Agropecuaria Turvinho Ltda., a Brazilian
corporation (0.01%)
4.5.1.1.1.3 CPEE Equipamentos
Eletricos e Servicos
Ltda. (CPEEE), a
Brazilian corporation
(99.99%)
4.5.1.1.1.3.1 Agropecuaria Turvinho Ltda,
a Brazilian corporation (99.99%)
4.5.1.1.2 Paulista Lajeado Energia S.A.
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4.5.1.3 Companhia Nova Paulista Energia, a
Brazilian corporation (Inactive)
4.5.2 CPEE Equipamentos Eletricos e Servicos Ltda
(CPEEE), a Brazilian corporation (.01%)
4.6 Genlease, S.R.L.
ADDRESS: Baker & McKenzie, Torre Edicampo, P.H., Avenida
Francisco de Miranda, Cruce Con Avenida Tercera,
Urbanizacion Campo Alegre, Caracas, Venezuela
Genlease, S.R.L. is a Venezuela corporation formed for the
purpose of the lease structure for SENECA's emergency
generators.
5. CMS ENERGY ASIA PRIVATE LIMITED (SINGAPORE)
ADDRESS: 80 Raffles Place #26-20, UOB Plaza 2, Singapore 04862
CMS Energy Asia Private Limited is a Singapore corporation
involved in the development of electrical generation and
distribution opportunities, gas transmission, storage and
distribution opportunities, electrical and gas marketing
opportunities and oil and gas exploration and development
opportunities in Asia and the Pacific Rim.
5.1 CMS Energy India Pte Ltd (India)
ADDRESS: Units 203 & 204, Capital Towers, 180, Nungambakkam
High Road, Kodambakkan, Chennai 600 034 India
CMS Energy India Private Limited is an Indian company formed
to pursue development opportunities in India.
6. CMS ENERGY SOUTH AMERICA COMPANY (CESA)
ADDRESS: Fairlane Plaza South, Suite 1100, 330 Town Center Drive,
Dearborn, Michigan 48126
CMS Energy South America Company is a Cayman Islands Company
formed to provide for consolidation of the development expenses
and activity in Argentina and Brazil.
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6.1 CMS Empreendimentos Ltda (99.99%)
ADDRESS: Praia de Botafogo 440 - 16(Degree) andar,
22250.040, Rio de Janeiro RJ, Brazil
CMS Empreendimentos Ltda is a Brazilian company established
as the Rio de Janeiro Office in Brazil.
6.2 CMS Enterprises Development Company S.A. (CEDC) (99.99%)
ADDRESS: Edificio Torre Catalinas Plaza, Ing. Enrique Butty
220, 8(Degree) Piso (Av. E. Madero Alt. 800/900) (1300)
Buenos Aires, Argentina
CMS Enterprises Development Company S.A. is an Argentina
company formed to handle the development work in Argentina.
7. CMS ENERGY TECHNOLOGY COMPANY
ADDRESS: Fairlane Plaza South, Suite 1100, 330 Town Center Drive,
Dearborn, Michigan 48126
CMS Energy Technology Company is a Michigan corporation formed
for the purpose of networked distributed generation.
8. CMS ENERGY UK LIMITED
ADDRESS: 43-45 Portman Square, 4th Floor, London, England W1HOAB
CMS Energy UK Limited is an United Kingdom limited liability
company involved in the development of energy-related businesses
and projects in Europe, Africa and the Middle East.
9. CMS ENTERPRISES DEVELOPMENT, L.L.C.
ADDRESS: Fairlane Plaza South, Suite 1100, 330 Town Center Drive,
Dearborn, Michigan 48126
CMS Enterprises Development, L.L.C. is a Michigan limited
liability company formed to invest in various projects, including
but not limited to, a zirconium recovery project.
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10. CMS ENTERPRISES HOLDING COMPANY S.A. (99%)
ADDRESS: Edificio Torre Catalinas Plaza, Ing. Enrique Butty 220,
8(Degree) Piso (Av. E. Madero Alt. 800/900) (1300) Buenos Aires,
Argentina
CMS Enterprises Holding Company S. A. is an Argentina holding
corporation.
11. CMS GAS TRANSMISSION COMPANY
ADDRESS: Fairlane Plaza South, Suite 1100, 330 Town Center Drive,
Dearborn, Michigan 48126
CMS Gas Transmission Company is a Michigan corporation organized
to engage in the transmission, storage and processing of natural
gas.
11.1 AMPCO Marketing, LLC (50%)
ADDRESS: Fairlane Plaza South, Suite 1100, 330 Town Center
Drive, Dearborn, Michigan 48126
AMPCO Marketing is a Michigan limited liability company
engaged in marketing methanol produced by Atlantic Methanol
Production Company LLC in the United States.
11.2 AMPCO Services, LLC (50%)
ADDRESS: Fairlane Plaza South, Suite 1100, 330 Town Center
Drive, Dearborn, Michigan 48126
AMPCO Services, LLC is a Michigan limited liability company
providing administrative, employment and technical services
to Atlantic Methanol Production Company LLC.
11.3 Atlantic Methanol Capital Company (50%)
ADDRESS: Fairlane Plaza South, Suite 1100, 330 Town Center
Drive, Dearborn, Michigan 48126
Atlantic Methanol Capital Company is a Cayman Islands
company formed to assist in the financing relating to the
Equatorial Guinea methanol plant.
11.3.1 CMS Methanol Company, a Cayman Islands company
11.3.1.1 Atlantic Methanol Associates LLC, a
Cayman Island company (50)
11.3.1.1.1 Atlantic Methanol Production
Company, L.L.C. a Cayman
Islands company (90%).
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11.4 CMS Antrim Gas LLC
ADDRESS: Fairlane Plaza South, Suite 1100, 330 Town Center
Drive, Dearborn, Michigan 48126
CMS Antrim Gas LLC is a Michigan limited liability company
formed for the purpose of owning and operating the central
carbon dioxide removal plant in Otsego County, Michigan.
11.5 CMS Field Services, Inc.
ADDRESS: Boulder Towers, 1437 South Boulder, Suite 1250,
Tulsa, Oklahoma 74119
CMS Field Services, Inc. is a Michigan corporation, formerly
known as CMS Continental Natural Gas, Inc., involved in the
transmission and distribution of natural gas.
11.5.1 Bighorn Gas Gathering, L.L.C. (50%), a Delaware
limited liability company
11.5.2 Bradshaw Energy, L.L.C. (97.5%), an Oklahoma
limited liability company
11.5.3 Choctaw Thrust Gas Gathering System (33.67%)
11.5.4 CMS Cherokee Gas Processing, L.L.C. (92%), an
Oklahoma limited liability company
11.5.5 CMS Field Services Holding Company, an Oklahoma
corporation
11.5.6 CMS Gas Processing, L.L.C., an Oklahoma limited
liability company
11.5.7 CMS Gulf Coast Field Services, L.L.C., a Michigan
limited liability company
11.5.8 CMS Hydrocarbon, L.L.C. (99%), an Oklahoma limited
liability company
11.5.9 CMS Laverne Gas Processing, L.L.C. (99%), an
Oklahoma limited liability company
11.5.10 CMS Natural Gas Gathering, L.L.C. (99%), an
Oklahoma limited liability company
11.5.11 CMS Oklahoma Natural Gas Gathering, L.L.C., an
Oklahoma limited liability company
11.5.11.1 Foss Gathering System (30%)
11.5.12 CMS Pipeline Company, L.L.C. (99%), an Oklahoma
limited liability company
11.5.13 CMS Taurus Holding Company, L.L.C. an Oklahoma
limited liability company
11.5.14 Fort Union Gas Gathering System, L.L.C.
(33.1/3%), a Delaware limited liability company
11.5.15 Hillsboro Gas Gathering System (23.71%)
11.5.16 Laubhan Friesen Gas Gathering System (41%)
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11.5.17 Moody Gas Gathering System (57.16%)
11.5.18 Warrel Gathering System (43.65%)
11.6 CMS Gas Argentina Company
ADDRESS: Fairlane Plaza South, Suite 1100, 330 Town Center
Drive, Dearborn, Michigan 48126
CMS Gas Argentina Company is a Cayman Islands company with
an equity interest in Transportadora de Gas del Norte S.A.,
an Argentine company, which provides natural gas
transmission services to the northern and central parts of
Argentina.
11.6.1 Transportadora de Gas del Norte S.A. (TGN) (29.4%)
Transportadora de Gas del Norte S.A. is an Argentina
corporation.
11.7 CMS Grands Lacs LLC
ADDRESS: Fairlane Plaza South, Suite 1100, 330 Town Center
Drive, Dearborn, Michigan 48126
CMS Grands Lacs LLC is a Michigan limited liability company
involved as a 51% General Partner in the Grands Lacs Limited
Partnership, a Michigan limited partnership.
11.8 CMS Jackson Pipeline Company
ADDRESS: Fairlane Plaza South, Suite 1040, 330 Town Center
Drive, Dearborn, Michigan 48126
CMS Jackson Pipeline Company is a Michigan corporation
involved as a 75% General Partner in Jackson Pipeline
Company, a Michigan general partnership.
11.9 CMS Marysville Gas Liquids Company
ADDRESS: Fairlane Plaza South, Suite 1100, 330 Town Center
Drive, Dearborn, Michigan 48126
CMS Marysville Gas Liquids Company is a Michigan corporation
formed to hold a 51% interest in Marysville Fractionation
Partnership and a 51% interest in St. Clair Underground
Storage Partnership.
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11.10 CMS Saginaw Bay Company
ADDRESS: Fairlane Plaza South, Suite 1100, 330 Town
Center Drive, Dearborn, Michigan 48126
CMS Saginaw Bay Company is a Michigan corporation
involved as a 24% General Partner in the Saginaw Bay
Area Limited Partnership, a Michigan limited
partnership.
11.11 CMS Saginaw Bay Lateral Company
ADDRESS: Fairlane Plaza South, Suite 1100, 330 Town
Center Drive, Dearborn, Michigan 48126
CMS Saginaw Bay Lateral Company is a Michigan
corporation involved as a 33% Limited Partner in the
Saginaw Bay Lateral Limited Partnership, a Michigan
limited partnership.
11.12 CMS TriState Canada General Company (Inactive)
ADDRESS: Fairlane Plaza South, Suite 1100, 330 Town
Center Drive, Dearborn, Michigan 48126
CMS TriState Canada General Company is a Michigan
corporation formed to hold a 1% General Partner
interest in TriState Canada Limited Partnership, a
Canadian partnership, which holds TriState Pipeline
assets in Canada.
11.13 Guardian Pipeline, L.L.C. (33.33%)
ADDRESS: Fairlane Plaza South, Suite 1100, 330 Town
Center Drive, Dearborn, Michigan 48126
Guardian Pipeline, L.L.C. is a Michigan limited
liability corporation formed to own and operate an
interstate natural gas pipeline from Illinois to
Wisconsin.
11.14 Michigan Intrastate Lateral System Partnership (50%)
ADDRESS: Fairlane Plaza South, Suite 1100, 330 Town
Center Drive, Dearborn, Michigan 48126
Michigan Intrastate Lateral System Partnership is a
Michigan general partnership, formerly known as
Michigan Intrastate Lateral General Partnership,
acquired as part of the acquisition of the Spartan
Intrastate Pipeline and the Mackinaw Energy System.
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11.15. Nitrotec Corporation (50%)
ADDRESS: 1021 Main Street, Suite 2800, Houston, Texas
77002
Nitrotec Corporation is a Delaware corporation formed
to invest in plants that extract helium from natural
gas.
11.16 Otsego EOR LLC (25%)
ADDRESS: Fairlane Plaza South, Suite 1100, 330 Town
Center Drive, Dearborn, Michigan 48126
Otsego EOR LLC is a Michigan limited liability company
formed as an enhanced oil-recovery project consisting
of three oil reservoirs and pipeline and compression
facilities located in Otsego County, Michigan.
11.17 Panhandle Eastern Pipe Line Company
ADDRESS: 5444 Westheimer Court, Houston, TX 77056-5310
Panhandle Eastern Pipe Line Company is a Delaware
corporation formed for the transmission of natural gas.
11.17.1 CMS Panhandle Eastern Resources, Inc., a
Delaware corporation
11.17.2 CMS Panhandle Storage Company, a Delaware
corporation
11.17.3 Pan Gas Storage Company, a Delaware
corporation
11.17.4 Trunkline Field Services Company, a Delaware
corporation
11.17.4.1 *PanEnergy Lake Charles
Generation, Inc., a Delaware
corporation
11.17.5 Trunkline Gas Company
11.17.5.1 CMS Trunkline Deepwater Pipeline
Company, L.L.C., a Delaware limited
liability company
11.17.5.2 CMS Trunkline Offshore Pipeline
Company, L.L.C., a Delaware
limited liability company
11.17.5.3 CMS Trunkline Gas Resources, Inc.,
a Delaware corporation
11.15.5.4 CMS Trunkline Pipeline Holdings,
` Inc., a Delaware corporation
11.17.6 Trunkline LNG Company, a Delaware corporation
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11.18 TriState Pipeline, L.L.C (66-2/3%)
ADDRESS: Fairlane Plaza South, Suite 1100, 330 Town
Center Drive, Dearborn, Michigan 48126
TriState Pipeline, L.L.C. is a Michigan limited
liability company formed to hold interests in the
TriState Pipeline.
11.19 Western Australia Gas Transmission Company I
ADDRESS: Fairlane Plaza South, Suite 1100, 330 Town
Center Drive, Dearborn, Michigan 48126
Western Australia Gas Transmission Company I is a
Cayman Islands corporation formed to hold interests in
a natural gas pipeline project in Australia and the
Atacama Project in Chile.
11.19.1 CMS Gas Transmission del Sur Company (60%), a Cayman Islands corporation
11.19.1.1 Atacama Finance Co. (50%)
11.19.1.2 CMS Atacama Company
11.19.1.3 Compania de Inversiones CMS Energy
Chile Limitada (60%), A Chilean
company
11.19.1.3.1 Administradora Proyecto Atacama S.A. (50%)
11.19.1.3.2 Gasoducto Atacama Compania Ltda LLP
11.19.1.3.2.1 Gasoducto Taltal Limitada (99%)
11.19.1.3.2.2 Progas S.A. (99.9)
11.19.1.3.3 Noroeste Pacifico Generacion de Energia Limitada (50%)
11.19.1.3.3.1 Empresa de Transmision Electrica Transemel SA (40%)
11.19.1.3.3.2. Progas S.A. (.1%)
11.19.1.4 Energex Co. (30%)
11.19.1.5 Gasoducto Cuenca Noroeste Limitada (30%)
11.19.1.5.1 Gasoducto Cuenca Noroeste Limitado Argentine Branch
11.19.1.5.2 Gasoducto Taltal Limitasa (1%)
11.19.2 CMS Gas Transmission of Australia Holding Company, a Cayman Islands corporation
11.19.2.1 CMS Gas Transmission of Australia, a Cayman Islands corporation
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11.19.3 CMS International Financial Services Company, a Cayman Islands corporation
11.19.4 CMS Luxembourg SARL, a Luxemburg corporation
11.19.4.1 Valandrid B.V. a Netherlands corporation
11.19.4.2 CMS Goldfields Gas Transmission Australia Pty. Ltd., a Australian corporation
11.19.4.1.1. SCP Investments (No. 1) Pty. Ltd. (45%)
11.19.4.1.2 SCP Investments (No. 2) Pty. Ltd.
11.19.4.1.2.1 Southern Cross Pipelines Australia Pty. Ltd.
11.19.4.1.2.1.1 Goldfields Gas Transmission Joint Venture
(66.664%)
11.19.4.1.1.1.1.1 Goldfields Gas
Transmission Pty. Ltd.
11.19.4.3 CMS TriState Canada Unlimited Company (Inactive)
11.19.4.3.1 TriState Canada Limited Partnership (66%)
12. CMS GENERATION CO.
ADDRESS: Fairlane Plaza South, Suite 1100, 330 Town Center Drive,
Dearborn, Michigan 48126
CMS Generation Co is a Michigan corporation engaged in the
development of and investment in cogeneration and other
independent power generation projects both domestic and foreign.
12.1 CMS Centrales Termicas S.A. (99%)
ADDRESS: Avenida Presidente Roque Saenz Pena 1116, 9th
Floor, Buenos Aires, Argentina
CMS Centrales Termicas S.A. is an Argentine company formed
to own an interest in a 240 MW natural gas/fuel oil-fired
electric power plant near Mendoza, Argentina.
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12.2 CMS Generation Altoona Company
ADDRESS: Fairlane Plaza South, Suite 1100, 330 Town Center
Drive, Dearborn, Michigan 48126
CMS Generation Altoona Company is a Michigan corporation
formed to develop, construct, own, operate and maintain a
bituminous coal, bituminous coal waste or other solid
fuel-burning facility.
12.3 CMS Generation Chateaugay Company
ADDRESS: Fairlane Plaza South, Suite 1100, 330 Town Center
Drive, Dearborn, Michigan 48126
CMS Generation Chateaugay Company is a Michigan corporation
involved as a General Partner in KES Chateaugay, LP, a
limited partnership.
12.4 CMS Generation Filer City, Inc.
ADDRESS: Fairlane Plaza South, Suite 1100, 330 Town Center
Drive, Dearborn, Michigan 48126
CMS Generation Filer City, Inc. is a Michigan corporation
involved as a 1% General Partner in the T.E.S. Filer City
Station Limited Partnership, a Michigan limited partnership
that is the owner of the 54 megawatt (net) wood chip and
coal-fired electric generating station in Filer City,
Michigan.
12.5 CMS Generation Filer City Operating Company
ADDRESS: Fairlane Plaza South, Suite 1100, 330 Town Center
Drive, Dearborn, Michigan 48126
CMS Generation Filer City Operating Company is a Michigan
corporation formed to operate a coal and waste wood-fueled
power plant near Filer City, Michigan owned by the T.E.S.
Filer City Station Limited Partnership.
12.6 CMS Generation Genesee Company
ADDRESS: Fairlane Plaza South, Suite 1100, 330 Town Center
Drive, Dearborn, Michigan 48126
CMS Generation Genesee Company is a Michigan corporation
involved as a 1% General Partner in the Genesee Power
Station Limited Partnership, a Delaware limited
partnership, which owns and operates a 35-megawatt (net)
waste wood-fired electric generating facility located in
Genesee County, Michigan.
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12.7 CMS Generation Grayling Company
ADDRESS: Fairlane Plaza South, Suite 1100, 330 Town Center
Drive, Dearborn, Michigan 48126
CMS Generation Grayling Company is a Michigan corporation
involved as a 1% General Partner in Grayling Generating
Station Limited Partnership, a Michigan limited
partnership, that owns a 36-megawatt (net) waste wood-
fueled power plant in Grayling, Michigan. Grayling
Generating Station Limited Partnership owns GGS Holdings
Company, a Michigan corporation, which is a .5% General
Partner in AJD Forest Products Limited Partnership that
operates a sawmill adjacent to the Grayling Generating
Station and also supplies waste wood fuel to Grayling
Generating Station Limited Partnership is a 49.5 % Limited
Partner in AJD Forest Products Limited Partnership, a
Michigan limited partnership.
12.8 CMS Generation Grayling Holdings Company
ADDRESS: Fairlane Plaza South, Suite 1100, 330 Town Center
Drive, Dearborn, Michigan 48126
CMS Generation Grayling Holdings Company is a Michigan
corporation involved as a 49% Limited Partner in Grayling
Generating Station Limited Partnership, a Michigan limited
partnership. Grayling Generating Station Limited
Partnership owns GGS Holdings Company, a Michigan
corporation that owns a .5% General Partner interest in AJD
Forest Products Limited Partnership, a Michigan limited
partnership.
12.8.1 Grayling Partners Land Development LLC (49%)
12.9 CMS Generation Holdings Company
ADDRESS: Fairlane Plaza South, Suite 1100, 330 Town Center
Drive, Dearborn, Michigan 48126
CMS Generation Holdings Company is a Michigan corporation
involved as a limited partner in various partnerships and
in the following companies:
12.9.1 Centrales Termicas Mendoza S.A. (CTM)(1%), an
Argentine corporation
12.10 CMS Generation Honey Lake Company
ADDRESS: Fairlane Plaza South, Suite 1100, 330 Town Center
Drive, Dearborn, Michigan 48126
CMS Generation Honey Lake Company is a Michigan corporation
with a General Partnership interest and a Limited
Partnership interest in HL Power Company, a California
limited partnership that uses waste wood and geothermal
fluid to generate a 30-megawatt (net) electric generating
station in Lassan County, California. Also involved as
General Partner in Honey Lake Energy I LP, and Honey Lake
Energy II LP, both Michigan limited partnerships formed to
own limited partnership interests in HL Power Company.
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12.11 CMS Generation Investment Company I
ADDRESS: Fairlane Plaza South, Suite 1100, 330 Town Center
Drive, Dearborn, Michigan 48126
CMS Generation Investment Company I is a Cayman Islands
company involved as a holding company for CMS Generation
overseas investments that engage in the construction,
ownership or operation of various power projects in the
Philippines, India, Morocco, Thailand, United Arab
Emirates, Ghana and Australia:
12.11.1 *CMS Generation Cebu Limited Duration Company (99%), a Cayman Islands company
12.11.1.1 Toledo Power Company (47.5%),
12.11.1.2 Toledo Holdings Corp. (40%)
12.11.2 *CMS Generation Cebu Operating Limited Duration Company (99%), a Cayman Islands company
12.11.3 CMS Generation Investment Company III, a Cayman Islands company
12.11.3.1 CMS Energy Mauritius Limited
12.11.3.1.1 *GMR Vasavi Power Corporation Pvt Ltd. (49%)
12.11.3.1.2 TN LNG & Power Co. Pvt. Ltd. (India) (TIDCO) (26.67%)
12.11.3.2 CMS Generation Jegurupadu I Limited Duration Company (99%), a Cayman Islands company
12.11.3.2.1 Jegurupadu O&M Company Mauritius (50%)
12.11.3.2.1.1 *Jegurupadu Operating & Maintenance Company (60%)
12.11.3.3 CMS Generation Jegurupadu II Limited Duration Company (99%), a Cayman Islands company
12.11.3.4.CMS Generation Neyveli Ltd., a Mauritius company
12.11.3.4.1 ST CMS Electric Company Private Limited (50%), an Indian company
12.11.3.5 Jegurupadu CMS Generation Company Ltd.
12.11.3.5.1 *GVK Industries Ltd. (18.75%)
12.11.4 CMS Generation Investment Company IV
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12.11.4.1 CMS Generation Investment Company II, a Cayman Islands company
12.11.4.1.1 *CMS Generation Cebu Limited Duration Company (1%), a Cayman
Islands company
12.11.4.1.2 *CMS Generation Cebu Operating Limited Duration Company (1%),
a Cayman Island company
12.11.4.1.3 CMS Generation Jegurupadu I Limited Duration Company (1%), a
Cayman Islands company
12.11.4.1.4 CMS Generation Jegurupadu II Limited Duration Company (1%), a
Cayman Islands company
12.11.4.1.5 CMS Generation Jorf Lasfar I Limited Duration Company (65%), a
Cayman Islands company
12.11.4.1.6 CMS Generation Jorf Lasfar II Limited Duration Company (65%), a
Cayman Islands company
12.11.4.1.7 CMS Generation Pinamucan Limited Duration Company (1%), a
Cayman Islands company
12.11.4.1.8 CMS Generation Pinamucan Operating Limited Duration Company
(1%), a Cayman Islands company
12.11.4.2 CMS Generation Jorf Lasfar I Limited Duration Company (35%), a
Cayman Islands company
12.11.4.2.1 CMS Generation Netherlands B.V., a Netherlands company
12.11.4.2.1.1 Jorf Lasfar Energiaktiebolag, a Swedish corporation
12.11.4.2.1.2 Jorf Lasfar Power Energy Aktiebolag
12.11.4.2.1.2.1 Jorf Lasfar Energy Company SCA (23%)
12.11.4.3 CMS Generation Jorf Lasfar II Limited Duration Company (35%)
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12.11.4.4 CMS Generation Jorf Lasfar III Limited Duration Company (50%)
12.11.4.5 CMS Generation Luxembourg S.a.r.l. CMS Generation Luxembourg S.a.r.l. is a
Luxembourg corporation.
12.11.5 CMS Generation Investment Company V
12.11.5.1 Compania de Inversiones CMS Energy-Chile Ltda.
12.11.5.2 Gasoducto Cuenca Noroeste Ltda.
12.11.6 CMS Generation Investment Company VI
12.11.6.1 CMS Takoradi Investment Company
12.11.6.1.1 CMS Takoradi Investment Company II
12.11.6.1.1.1 *Takoradi International
Company (Cayman Islands) (90%)
12.11.7 CMS Generation Investment Company VII
12.11.7.1 CMS Generation Taweelah Limited
12.11.7.1.1 **Emirates CMS Power Company (40%)
12.11.8 CMS Generation Loy Yang Holdings 1 Ltd.,
12.11.8.1 **Horizon Energy Holding Ltd.
12.11.8.1.1 Loy Yang Power Projects Pty. Lt. (49.6%)
12.11.8.1.2 Loy Yang Power Management Pty Ltd (49.%)
12.11.9 CMS Generation Loy Yang Holdings 2 Ltd.
12.11.9.1 **CMS Generation Horizon Energy Holdings Ltd
12.11.9.1.1 Lang Power Projects Pty Ltd (49.6%)
12.11.9.1.2 Loy Yang Power Management Pty. Ltd. (49.6%)
12.11.10 CMS Generation Pinamucan Limited Duration Company (99%)
12.11.11 CMS Generation Pinamucan Operating Limited Duration Company (99%)
12.11.12 CMS Generation Taweelah Limited I
12.11.13 Energex Co. (20%)
12.11.14 Jorf Lasfar Energiaktiebolag, a Swedish corporation
12.11.14.1 Jorf Lasfar Energy Company SCA (25%)
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12.11.15 *National Power Supply Co. Ltd. (Thailand (66.24%)
12.11.16 Servicios de Aguas de Chile CMS y Compania
Limitada (99.99%)
12.12 CMS Generation Lyonsdale Company
ADDRESS: Fairlane Plaza South, 330 Town Center Drive, Suite
1000, Dearborn, Michigan 48126
CMS Generation Lyonsdale Company is a Michigan corporation
involved as a General Partner in the Lyonsdale Energy
Limited Partnership which owns and operates a 19 MW (net)
waste wood-fired electric generating facility in Lyonsdale,
New York.
12.13 *CMS Generation Michigan Power L.L.C.
ADDRESS: Fairlane Plaza South, 330 Town Center Drive, Suite
1100, Dearborn, Michigan 48126
CMS Generation Michigan Power L.L.C. is a Michigan limited
liability corporation formed to own generating units which
are to be sited in Michigan for the purpose of generating
power during peak demand periods.
12.14 CMS Generation Mon Valley Company
ADDRESS: Fairlane Plaza South, 330 Town Center Drive, Suite
1000, Dearborn, Michigan 48126
CMS Generation Mon Valley Company is a Michigan corporation
involved as General Partner in the Mon Valley Energy
Limited Partnership formed to develop, construct, finance
and operate the Mon Valley Project, an 80-megawatt (net)
coal fired cogeneration plant in Pennsylvania.
12.15 CMS Generation Montreal Company
ADDRESS: Fairlane Plaza South, 330 Town Center Drive, Suite
1100, Dearborn, Michigan 48126
CMS Generation Montreal Company is a Michigan corporation
that owns and operates a waste wood recovery facility in
the greater Montreal, Quebec, Canada area.
12.16 *CMS Generation Operating Company
ADDRESS: Fairlane Plaza South, 330 Town Center Drive, Suite
1000, Dearborn, Michigan 48126
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CMS Generation Operating Company is a Michigan corporation
formed to be involved in the operation of various power
plants including Grayling, Chateaugay, Exeter and Genesee.
12.17 CMS Generation Recycling Company
ADDRESS: Fairlane Plaza South, 330 Town Center Drive, Suite
1000, Dearborn, Michigan 48126
CMS Generation Recycling Company is a Michigan corporation
involved as a member of Mid-Michigan Recycling, LLC, a
Michigan limited liability company, formed to supply waste
wood fuel for the Genesee Power Station Limited
Partnership.
12.17.1 Mid-Michigan Recycling, L.C. (50%)
12.18 CMS Generation SA (99.99%)
ADDRESS: Edificio Torre Catalinas Plaza, Ing. Enrique Butty
220, 8 Piso, (Av. E. Madero Alt. 800/900), (1300) Buenos
Aires, Argentina
CMS Generation SA is an Argentine company formed to carry
out on its own account or that of third parties investments
in energy-related businesses located primarily in South
America.
12.18.1 *Hidroelectrica El Chocon S.A. (59%)
12.18.2 Hidroinvest SA, an Argentine company (25%)
12.19 CMS Generation San Nicolas Company
ADDRESS: Fairlane Plaza South, 330 Town Center Drive, Suite
1000, Dearborn, Michigan 48126
CMS Generation San Nicolas Company is a Michigan
corporation formed to hold an equity interest in an
Argentine company that is the owner and operator of a 650
MW power plant located in San Nicolas, Argentina
12.19.1 Inversora de San Nicolas, SA (1%)
12.19.1.1 *Centrales Termica San Nicolas
S.A. (88%)
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12.20 *CMS International Operating Company
ADDRESS: Fairlane Plaza South, 330 Town Center Drive, Suite
1000, Dearborn, Michigan 48126
CMS International Operating Company is a Cayman Islands
corporation, formed to own and control project operating
and maintenance companies.
12.20.1 Jorf Lasfar Operations Handelsbolag (99%)
12.20.1.1 *CMS Moroco Operating Co, SCA (99.7%)
12.21 CMS Rio Grande do Sul Ltda
ADDRESS: 85 Av Rio Branco, 8th Floor, Rio de Janeiro, RJ
20040-004 Brazil
CMS Rio Grande de Sul Ltda is a Brazilian company engaged
in the development and investment in electric distribution
project in Brazil.
12.22 *Dearborn Generation Operating, L.L.C
ADDRESS: Fairlane Plaza South, 330 Town Center Drive, Suite
1100, Dearborn, Michigan 48126
Dearborn Generation Operating, L.L.C. is a Michigan Limited
Liability Company formed to operate the Ford/Rouge project.
12.23 Dearborn Industrial Energy, LLC
ADDRESS: Fairlane Plaza South, 330 Town Center Drive, Suite
1100, Dearborn, Michigan 48126
Dearborn Industrial Energy, LLC is a Michigan limited
liability corporation formed to own and operate the power
project at the Ford/Rouge complex.
12.23.1 *Dearborn Industrial Generation, L.L.C.
12.24 Exeter Management Company (50%)
ADDRESS: Fairlane Plaza South, 330 Town Center Drive, Suite
1100, Dearborn, Michigan 48126
Exeter Management Company is a Connecticut corporation
involved as a General Partner in the Exeter Energy Limited
Partnership that owns and operates a 26-megawatt (net)
tire-burning facility in Sterling, Connecticut.
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12.25 HYDRA-CO Enterprises, Inc.
ADDRESS: Fairlane Plaza South, 330 Town Center Drive, Suite
1100, Dearborn, Michigan 48126
HYDRA-CO Enterprises, Inc is a New York corporation engaged
in the ownership and/or operation, by itself or with
others, of one or more cogeneration, small hydro or
alternate energy production facilities through partnership
interests and ownership of domestic corporations. HYDRA-CO
is involved in the development, ownership, management or
operation of independent power projects located in seven
states and in Jamaica.
12.25.1 CMS Generation Operating Company II, Inc.
12.25.1.1 HCO-Jamaica, Inc.
12.25.1.1.1 *Private Power Operators
Limited (50%)
12.25.2 CMS Generation Stratton Company
12.25.3 HCE-Appomattox, Inc.
12.25.4 HCE-Biopower, Inc.
12.25.5 HCE-Hudson, Inc.
12.25.6 HCE-Imperial Valley, Inc.
12.25.7 HCE-Jamaica Development, Inc.
12.25.8 HCE-Rockfort Diesel, Inc.
12.25.8.1 *Jamaica Private Power Company, Limited
(41.2%)
12.25.9 HYDRA-CO Generation, Inc. (Inactive)
12.25.10 Jamaica Energy Team Limited (59.7%)
12.25.11 New Bern Energy Recovery, Inc.
12.26 McCook Cogeneration Station, LLC (50%)(Inactive)
ADDRESS: Fairlane Plaza South, 330 Town Center Drive, Suite
1100, Dearborn, Michigan 48126
McCook Cogeneration Station, LLC is a Michigan limited
liability company formed to develop and own a 40-megawatt
(net) waste wood fueled electric generating facility
located in Cook County, Illinois.
12.27 McCook Waste Wood Recovery Facility, LLC (50% Member)
ADDRESS: Fairlane Plaza South, 330 Town Center Drive, Suite
1100, Dearborn, Michigan 48126
McCook Waste Wood Recovery Facility, LLC is a Michigan
limited liability company formed to develop and own a waste
wood recycling and processing facility where waste wood
will be received, manually and mechanically separated and
then recycled or processed for use at McCook Cogeneration
Station, LLC
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12.28 Metro East, LLC (50%)(Inactive)
ADDRESS: Fairlane Plaza South, 330 Town Center Drive, Suite
1100, Dearborn, Michigan 48126
Metro East, LLC is a Michigan limited liability company
formed to develop and own a 60-megawatt (net) waste wood
and waste coal fueled electric generating facility located
in the City of Madison, Illinois.
12.29 Oxford Tire Recycling, Inc. (Inactive)
ADDRESS: Fairlane Plaza South, 330 Town Center Drive, Suite
1100, Dearborn, Michigan 48126
Oxford Tire Recycling, Inc. is a Delaware corporation
engaged in tire collection, shredding and storage, the sale
of used and shredded tires, and related business
activities.
12.30 Oxford Tire Recycling of Massachusetts, Inc.
ADDRESS: Fairlane Plaza South, 330 Town Center Drive, Suite
1100, Dearborn, Michigan 48126
Oxford Tire Recycling of Massachusetts, Inc. is a Delaware
corporation engaged in waste tire collection, shredding and
storage, the sale of used and shredded tires, and related
business activities.
12.31 Oxford Tire Supply, Inc.
ADDRESS: Fairlane Plaza South, 330 Town Center Drive, Suite
1100, Dearborn, Michigan 48126
Oxford Tire Supply, Inc. is a Delaware corporation engaged
in trucking and hauling used scrap tires and sorting and
grading tires for resale.
12.32 **Taweelah A2 Operating Company
ADDRESS: Fairlane Plaza South, 330 Town Center Drive, Suite
1100, Dearborn, Michigan 48126
Taweelah A2 Operating Company is a Michigan corporation
formed to operate the Taweelah A2 electric generating units
in Abu Dahbi, United Arab Emirates.
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12.33 ENELMAR, S.A. (40%)
ADDRESS: Baker & McKenzie, Torre Edicampo, P.H. Avenida
Francisco De Miranda, Cruce Con Avenida Tercera,
Urbanizacion Campo Alegre, Caracas, Venezuela
ENELMAR, S.A. is a Venezuela company formed to hold CMS
Electric and Gas Company's interest in the privatized
electric system of the State of Nueva Esparta.
13. CMS LAND COMPANY
ADDRESS: Fairlane Plaza South, 330 Town Center Drive, Suite 1100,
Dearborn, Michigan 48126
CMS Land Company is a Michigan corporation formed to act as a
repository for any unused real property formerly owned by
Consumers Energy Company and hold the same for possible
non-utility development.
13.1 Bay Harbor Company, L.L.C. (50% Member)
ADDRESS: Fairlane Plaza South, 330 Town Center Drive, Suite
1100, Dearborn, Michigan 48126
Bay Harbor Company is a Michigan limited liability company
that is the owner and developer of Bay Harbor, a real
estate development.
13.2 Bay Harbor Village Company, L.L.C. (50%).
ADDRESS: Fairlane Plaza South, 330 Town Center Drive, Suite
1100, Dearborn, Michigan 48126
Bay Harbor Village Company is a Michigan limited liability
company involved in the retail shop, restaurant and
residential real estate aspects of the Bay Harbor Resort
development
14. CMS MARKETING, SERVICES AND TRADING COMPANY
ADDRESS: Fairlane Plaza South, 330 Town Center Drive, Suite 1100,
Dearborn, Michigan 48126
CMS Marketing, Services and Trading Company is a Michigan
corporation involved in providing gas, electric, oil and coal
marketing, risk management and energy management services.
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14.1 CMS Merchant Services, L.L.C.
ADDRESS: Fairlane Plaza South, 330 Town Center Drive, Suite
1100, Dearborn, Michigan 48126
CMS Merchant Services, L.L.C. is a Michigan Limited
Liability Company formed for the purpose of purchasing
capacity under the FERC's capacity release regulations for
monthly transactions.
14.2 CMS MST Engineering Company
ADDRESS: Fairlane Plaza South, 330 Town Center Drive, Suite
1100, Dearborn, Michigan 48126
CMS MST Engineering Company is a Michigan corporation
formed to provide professional engineering services that
includes system engineering design and energy consulting.
14.3 CMS MS&T Michigan L.L.C.
ADDRESS: Fairlane Plaza South, 330 Town Center Drive, Suite
1100, Dearborn, Michigan 48126
CMS MS&T Michigan L.L.C. is a Michigan Limited Liability
Company formed for the purpose of taking an assignment of
the Ford/Rouge Electricity Sales Agreements from DIG and to
perform those contracts as well as any further contracts
entered into by Ford/Rouge affiliates.
14.4 CMS Texon Company
ADDRESS: Fairlane Plaza South, 330 Town Center Drive, Suite
1100, Dearborn, Michigan 48126
CMS Texon Company is a Michigan corporation involved as a
General Partner in Texon, LP, a Texas limited partnership
engaged in transporting, processing and marketing of crude
oil and natural gas liquids and services related thereto.
14.5 CMS Viron Corporation
ADDRESS: 216 Northwest Platte Valley Drive, Riverside,
Missouri 64150
CMS Viron Corporation is a Missouri corporation formed to
provide services in the areas of energy usage analysis and
the engineering and implementation of energy conservation
measures.
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14.6 PremStar Energy Canada Ltd.(50%)
ADDRESS: Suite 104, 330 Richmond Street, Chatham, Ontario
Canada N7M 1P7
PremStar Energy Canada Ltd, is a Canadian corporation
engaged in purchasing, transporting, storing, selling,
brokering and marketing natural gas in North America and
energy-related consulting.
14.6.1 Energistics Group, Inc.
14.6.2 ECNG Inc
14.7 Enline Energy Solutions, LLC (50%)
ADDRESS: 1021 Main Street, Suite 2600, Houston, TX
77002-6606
Enline Energy Solutions, LLC is a Texas limited liability
company engaged in purchasing, transporting, storing,
selling, brokering and marketing natural gas, oil, propane
and electricity and energy-related consulting.
15. CMS OIL AND GAS COMPANY (FORMERLY KNOWN AS CMS NOMECO OIL &
GAS CO.)
ADDRESS: 1021 Main Street, Suite 2800, Houston, Texas 77002
CMS Oil and Gas Company is a Michigan corporation engaged in the
exploration, development, acquisition, and production of oil and
natural gas in the U.S. and in foreign countries through
partnership interests and ownership of domestic and foreign
corporations.
15.1 CMS Oil and Gas (International) Company
ADDRESS: 1021 Main Street, Suite 2800, Houston, Texas 77002
CMS Oil and Gas (International) Company is a Texas
corporation, formerly known as CMS NOMECO International,
Inc., engaged as a holding company that engages in the
exploration and production of oil and natural gas in
Africa:
15.1.1 CMS NOMECO International Congo Holdings, Inc.
15.1.1.1 CMS NOMECO Congo, Inc.
15.1.2 CMS Oil and Gas (Cameroon) Ltd., formerly known as
CMS NOMECO Cameroon Ltd.
15.1.3 CMS Oil and Gas (Cote d'Ivoire) Ltd., formerly
known as CMS NOMECO Cote d'Ivoire Ltd.
15.1.4 CMS Oil and Gas (Eritrea) Ltd.
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15.1.5 CMS Oil and Gas (Services) Company, formerly known
as CMS Oil and Gas International (Transportation)
Company
15.1.6 CMS Oil and Gas International (Tunisia) Company,
formerly known as CMS NOMECO International
Tunisia, Inc.
15.2 CMS Oil and Gas (International) Ltd.
ADDRESS: 1021 Main Street, Suite 2800, Houston, Texas 77002
CMS Oil and Gas (International) Ltd. is a Cayman Islands
corporation, formerly known as CMS NOMECO International
Ltd., engaged as a holding company for Cayman Islands
subsidiaries that principally engage in the exploration and
production of oil and natural gas in South America and West
Africa:
15.2.1 CMS Oil and Gas (Venezuela) LDC, formerly known as
CMS NOMECO Venezuela LDC
15.2.2 CMS Oil and Gas (Alba) LDC, formerly known as CMS
NOMECO Alba LDC
15.2.3 NOMECO Argentina LDC, formerly known as CMS Oil
and Gas (Argentina) LDC
15.2.4 CMS Oil and Gas (Congo) Ltd., formerly known as
CMS NOMECO Congo Ltd.
15.2.5 CMS Oil and Gas (E.G.) LDC, formerly known as CMS
NOMECO E.G. LDC
15.2.5.1 Punta Europa LLC
15.2.6 CMS Oil and Gas (E.G.) Ltd., formerly known as CMS
NOMECO E.G. Ltd.
15.2.7 Alba Associates LLC (54% jointly owned by CMS Oil
and Gas (Alba) LDC, CMS Oil and Gas (E.G.) LDC and
CMS Oil and Gas (E.G.) Ltd.)
15.2.7.1 Alba Plant LLC (80% owned by Alba
Associates LLC)
15.3 CMS Oil and Gas (Pipeline) Company
ADDRESS: 1021 Main Street, Suite 2800, Houston, Texas 77002
CMS Oil and Gas (Pipeline) Company is a Michigan
corporation, formerly known as CMS NOMECO Pipeline Company,
formed to hold ownership interests in various natural gas
pipelines located in Michigan.
15.4 Explotaciones CMS Oil and Gas Company
ADDRESS: World Trade Center, Torre B., Offc. 705, Calle
100, No. 8A-49, Bogota, Colombia
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Explotaciones CMS Oil and Gas Company is a Delaware
corporation, formerly known as Explotaciones CMS NOMECO
Inc., engaged in the exploration and production of oil and
natural gas in Colombia.
15.5 NOMECO Ecuador Oil Company
ADDRESS: 1021 Main Street, Suite 2800, Houston, Texas 77002
NOMECO Ecuador Oil Company is a Michigan corporation formed
to pursue exploration and production of oil and natural gas
in Ecuador.
16. **CMS OPERATING, S.A. (99%)
ADDRESS: Edificio torre Catalinas Plaza, Ing. Butty 220, 8th
Floor, Buenos Aires, Argentina
CMS Operating, S. A. is an Argentina corporation formed to own 80
percent of Cuyana de Inversiones, S.A.,
16.1 *CMS Ensenada S.A. (99%)
16.2 Cuyana S.A. De Inversiones (99%)
16.2.1 Centrales Termicas Mendoza, S.A. (92.6%)
16.3 Transportadora de Gas del Mercosur (Argentina)(TGM)(20%)
17. CMS RESOURCE DEVELOPMENT COMPANY
ADDRESS: Fairlane Plaza South, 330 Town Center Drive, Suite 1100,
Dearborn, Michigan 48126
CMS Resource Development Company is a Michigan corporation formed
to pursue and develop various power sources outside the United
States.
18. MONARCH MANAGEMENT COMPANY
ADDRESS: Fairlane Plaza South, Suite 1100, 330 Town Center Drive,
Dearborn, Michigan 48126
Monarch Management Company is a Michigan corporation that houses
several investments whose principal business is the provision of
services to energy and other regulated entities.
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C. CONSUMERS ENERGY COMPANY
ADDRESS: 212 West Michigan Avenue, Jackson, Michigan 49201
The consolidated operations of Consumers Energy Company ("Consumers")
account for the largest share of CMS Energy's total assets and income
and accounts for a substantial portion of its revenues. The name,
state of organization and nature of business of Consumers'
subsidiaries are described below:
1. CMS ENGINEERING CO.
ADDRESS: 212 West Michigan Avenue, Jackson, Michigan 49201
CMS Engineering Company is a Michigan corporation engaged in
offering design, engineering, project management and related
construction services to natural gas utilities, natural gas
exploration and production companies, and other energy
businesses.
2. CMS MIDLAND HOLDINGS COMPANY
ADDRESS: 212 West Michigan Avenue, Jackson, Michigan 49201
CMS Midland Holdings Company is a Michigan corporation involved
as a Limited Partner in the First Midland Limited Partnership, a
Delaware limited partnership, a partnership that leases assets to
the Midland Cogeneration Venture Limited Partnership, a Michigan
limited partnership.
3. CMS MIDLAND, INC.
ADDRESS: 212 West Michigan Avenue, Jackson, Michigan 49201
CMS Midland, Inc. is as Michigan corporation engaged as a 49%
General Partner in the Midland Cogeneration Venture Limited
Partnership, a Michigan limited partnership.
4. CONSUMERS ENERGYGUARD SERVICES, INC.
ADDRESS: 212 West Michigan Avenue, Jackson, Michigan 49201
Consumers EnergyGuard Services, Inc. is a Michigan corporation
formed for the purpose of marketing EnergyGuard, a residential
bill payment insurance product to Consumers' residential
customers.
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5. CONSUMERS FUNDING LLC
ADDRESS: 212 West Michigan Avenue, Jackson, Michigan 49201
Consumers Funding LLC is a Delaware limited liability company
formed for the purpose of acting as assignee of property
transferred by Consumers and issuer of securitization bonds.
6. ES SERVICES COMPANY
ADDRESS: 212 West Michigan Avenue, Jackson, Michigan 49201
ES Services Company is a Michigan corporation formed for the
purpose of offering design, engineering, project management and
related services primarily to electric utilities and generation
facilities.
7. MEC DEVELOPMENT CORP.
ADDRESS: 212 West Michigan Avenue, Jackson, Michigan 49201
MEC Development Corp. is a Michigan corporation which previously
held assets transferred to and holder of certain bonds issued by
the Midland Cogeneration Venture Limited Partnership, a Michigan
limited partnership.
8. MICHIGAN ELECTRIC TRANSMISSION COMPANY
ADDRESS: 212 West Michigan Avenue, Jackson, Michigan 49201
Michigan Electric Transmission Company is a Michigan corporation
formed for the purpose of owning electric transmission facilities
to be acquired from Consumers.
9. MICHIGAN GAS STORAGE COMPANY
ADDRESS: 212 West Michigan Avenue, Jackson, Michigan 49201
Michigan Gas Storage Company is a Michigan corporation and a
natural gas company within the meaning of the Natural Gas Act
engaged in the interstate transportation and storage of gas for a
number of customers including Consumers.
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2. A BRIEF DESCRIPTION OF THE PROPERTIES OF CLAIMANT AND EACH OF ITS
SUBSIDIARY PUBLIC UTILITY COMPANIES USED FOR THE GENERATION, TRANSMISSION
AND DISTRIBUTION OF ELECTRIC ENERGY FOR SALE, OR FOR THE PRODUCTION,
TRANSMISSION AND DISTRIBUTION OF NATURAL OR MANUFACTURED GAS, INDICATING
THE LOCATION OF PRINCIPAL GENERATING PLANTS, TRANSMISSION LINES, PRODUCING
FIELDS, GAS MANUFACTURING PLANTS, AND ELECTRIC AND GAS DISTRIBUTION
FACILITIES, INCLUDING ALL SUCH PROPERTIES WHICH ARE OUTSIDE THE STATE IN
WHICH CLAIMANT AND ITS SUBSIDIARIES ARE ORGANIZED AND ALL TRANSMISSION OR
PIPELINES WHICH DELIVER OR RECEIVE ELECTRIC ENERGY OR GAS AT THE BORDERS OF
SUCH STATE.
--------------------------------------------------------------------------------
Claimant has no directly owned properties used for such purposes. Claimaint's
subsidiary Consumers is a public utility. Its property and facilities used for
the above-described purposes are located within the State of Michigan and are
described below.
(1) ELECTRIC PROPERTIES
Consumers' electric generation is supplied by the following plants:
AREA NAME LOCATION 2000 SUMMER NET 2000 NET GENERATION
DEMONSTRATED CAPACITY (THOUSANDS OF
KILOWATT-HOURS
(KILOWATTS)
COAL GENERATION
JH CAMPBELL 1&2 WEST OLIVE 609,000 3,639,548
JH CAMPBELL 3 WEST OLIVE 765,100(1) 4,322,824
D.E KARN ESSEXVILLE 515,000 3,580,567
B C COBB MUSKEGON 320,000 2,182,702
JR WHITING ERIE 324,000 2,004,412
JC WEADOCK ESSEXVILLE 310,000 2,196,344
TOTAL 2,843,100 17,926,397
OIL/GAS GENERATION
B C COBB MUSKEGON 183,000 52,900
D E KARN ESSEXVILLE 1,276,000 939,212
TOTAL 1,459,000 992,112
(1) Represents Consumers' share of the capacity of the Campbell Plant Unit 3
net of 6.69% (ownership interests of the Michigan Public Power Agency and
Wolverine Power Supply Cooperative, Inc.).
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AREA NAME LOCATION 2000 SUMMER NET 2000 NET GENERATION
DEMONSTRATED CAPACITY (THOUSANDS OF
KILOWATT-HOURS
(KILOWATTS)
LUDINGTON
PUMPED
STORAGE
954,700(2) (540,446) (3)
TOTAL 954,700 (540,446)
NUCLEAR
GENERATION
SOUTH
PALISADES HAVEN 760,000 5,723,784
TOTAL 760,000 5,723,784
GAS/OIL COMBUSTION
TURBINE
GENERATION 346,800(4) 52,294
HYRO
GENERATION 73,500 351,263
TOTAL 420,300 403,557
TOTAL
OWNED BY
GENERATION
6,437,100 24,505,404
(2) Represents Consumers' share of the capacity of the Ludington Pumped Storage
Plant. Consumers and The Detroit Edison Company ("Detroit Edison") have 51%
and 49% undivided ownership, respectively, in the plant, and the capacity
of the plant is shared accordingly.
(3) Represents Consumers' share of net pumped storage generation. This facility
electrically pumps water during off peak-hours for storage to later
generated electricity during peak demand hours.
(4) Includes 1.8 MW of Distribution Generation. Generation Purchased and
Interchange Power Capacity is 1,644,200, includes 1,240 MW of purchased
contract capacity from the MCV Facility.
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Electric transmission, subtransmission and distribution lines are located on or
under public highways, streets, alleys or lands, except where they are located
on or under easements or other rights. The transmission system consists of 4,467
structural miles of overhead lines. The subtransmission system consists of 4,176
structural miles of overhead lines and 16 Subsurface miles of underground lines.
The distribution system consists of 61,298 structural miles of overhead lines
and 7,386 subsurface miles of underground lines.
Consumers owns substations having an aggregate transformer capacity of
40,254,830 kilovolt amperes.
Consumers is interconnected with certain Michigan and neighboring utilities.
Consumers and Detroit Edison have formed the Michigan Electric Coordinated
Systems ("MECS") to facilitate the coordinated planning and operation of their
electric systems. MECS is interconnected with electric systems in Indiana, Ohio
and Ontario, Canada.(1)
Consumers owns or connects with electric transmission lines that deliver
electric energy at or near the Michigan state border to:
(i) Indiana & Michigan Electric Company at the following interconnection
points: Palisades-Cook No. 1, Palisades-Cook No. 2, Argenta-Robinson Park
and Argenta-Twin Branch; and
(ii) Northern Indiana Public Service Company at the following interconnection
point: Barton Lake-Batavia.
-----------------
(1) MECS interconnects with electric systems in Ohio and Ontario, Canada
through Detroit Edison. Detroit Edison interconnects with The Toledo
Edison Company at Majestic-Lemoyne, Monroe-Bayshore and Allen
Junction-Majestic-Monroe. Detroit Edison also interconnects with
Ontario Hydro at Waterman-Keith, Bunce Creek-Scott and two points at
St. Clair-Lambton.
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(2) GAS PROPERTIES
As of December 31, 2000, Consumers' gas properties, all located in Michigan,
included a gas distribution and transmission system, six compressor stations
located at Consumers' storage fields and along the gas transportation lines and
11 storage fields.
Consumers' gas distribution and transmission systems consist of 24,383 miles of
distribution mains and 1,108 miles of transmission lines, throughout the lower
peninsula of Michigan. Consumers owns and operates six compressor stations with
a total of 115,400 installed horsepower.
Michigan Gas Storage Company ("MGSC") owns and operates 2 gas
transportation systems, 2 compressor stations, and 3 storage fields,
all located in Michigan. Michigan Gas Storage transmission mains
consist of 521 miles of transmission mains. Consumers receives natural
gas for its local distribution system through interconnection
facilities located in Michigan and at the Michigan State border.
3. THE FOLLOWING INFORMATION FOR THE LAST CALENDAR YEAR WITH RESPECT TO
CLAIMANT AND EACH OF ITS SUBSIDIARY PUBLIC UTILITY COMPANIES:
ELECTRIC ENERGY
(A) NUMBER OF KWH OF ELECTRIC ENERGY SOLD (AT RETAIL OR WHOLESALE).
SUBSIDIARY STATE KWH
---------- ----- ---
CONSUMERS ENERGY
MICHIGAN 38,497,400,287
ONTARIO, CANADA* 865,766,000
INDIANA 908,669,500
OHIO* 35,579,000
--------------
CONSUMERS ENERGY TOTAL 40,307,414,787
==============
CMS MARKETING,
SERVICES AND TRADING
COMPANY
(CMS MS&T)
MICHIGAN 23,222,000
PENNSYLVANIA 41,117,000
--------------
CMS MS&T TOTAL 64,339,000
==============
TOTAL ELECTRIC ENERGY SOLD 40,371,753,787
==============
* Represents the amounts ultimately delivered to the State line by
Detroit Edison.
- 34 -
36
(B) NUMBER OF KWH OF ELECTRIC ENERGY DISTRIBUTED AT RETAIL OUTSIDE OF THE
STATE OF MICHIGAN.
SUBSIDIARY STATE KWH
---------- ----- ---
CONSUMERS ENERGY 0
CONSUMERS ENERGY TOTAL 0
CMS MARKETING,
SERVICES AND TRADING
COMPANY (CMS MS&T)
PENNSYLVANIA 41,117,000
----------
CMS MS&T TOTAL 41,117,000
==========
TOTAL ELECTRIC ENERGY
DISTRIBUTED OUTSIDE
OF THE STATE
OF MICHIGAN 41,117,000
==========
(C) NUMBER OF KWH OF ELECTRIC ENERGY SOLD AT WHOLESALE OUTSIDE THE STATE OR
AT THE STATE LINE OF MICHIGAN.
SUBSIDIARY STATE KWH
---------- ----- ---
CONSUMERS ENERGY
ONTARIO, CANADA* 865,766,000
INDIANA 908,669,500
OHIO* 35,579,000
-------------
CONSUMERS ENERGY TOTAL 1,810,014,500
=============
* Represents the amounts ultimately delivered to the state line by
Detroit Edison.
- 35 -
37
SUBSIDIARY STATE KWH
---------- ----- ---
CMS MARKETING,
SERVICES AND TRADING
COMPANY
(CMS MS&T)
GEORGIA 550,000
OHIO 22,562,373,000
INDIANA 100,000
KENTUCKY 50,000
LOUISIANA 10,396,616
PENNSYLVANIA 4,644,683,000
TENNESSEE 8,214,000
--------------
CMS MS&T TOTAL 27,226,366,616
===============
TOTAL ELECTRIC
ENERGY SOLD AT
WHOLESALE OUTSIDE
THE STATE OF MICHIGAN
OR AT MICHIGAN'S
STATE LINE. 29,036,381,116
==============
- 36 -
38
(D) NUMBER OF KWH OF ELECTRIC ENERGY PURCHASED OUTSIDE OF THE STATE OF
MICHIGAN OR AT MICHIGAN'S STATE LINE.
SUBSIDIARY STATE KWH
---------- ----- ---
CONSUMERS ENERGY
ONTARIO, CANADA* 217,570,000
INDIANA 5,002,298,000
OHIO* 329,686,000
--------------
CONSUMERS ENERGY TOTAL 5,549,554,000
==============
CMS MARKETING,
SERVICES AND TRADING
COMPANY (CMS MS&T)
OHIO 22,530,493,000
PENNSYLVANIA 4,686,296,000
TENNESSEE 6,606,000
LOUISIANA 10,397,600,000
INDIANA 381,000
--------------
CMS MS&T TOTAL 37,621,376,000
==============
TOTAL ELECTRIC ENERGY
PURCHASED OUTSIDE OF
MICHIGAN 43,170,930,000
==============
* Represents amounts ultimately delivered to the state line by Detroit
Edison.
- 37 -
39
NATURAL GAS(1)
(A) NUMBER OF MCF. OF NATURAL GAS DISTRIBUTED AT RETAIL.
SUBSIDIARY STATE MCF.
---------- ----- ----
CONSUMERS ENERGY
MICHIGAN 249,047,658
-----------
CONSUMERS ENERGY TOTAL 249,047,658
===========
CMS MARKETING,
SERVICES AND TRADING
COMPANY (CMS MS&T)
Arkansas 1,577,390
Illinois 859,538
Indiana 1,019,279
Iowa 167,623
Kansas 891,262
Kentucky 6,137,179
Louisiana 5,245,897
Massachusetts 733
Michigan 25,610,317
Missouri 165,070
Montana 58,729
Nebraska 63,678
Ohio 341,494
Oklahoma 4,044,776
Pennsylvania 2,525,896
Tennessee 218,950
-----------
CMS MS&T TOTAL 48,927,811
===========
TOTAL NATURAL GAS DISTRIBUTED AT RETAIL 297,975,469
===========
----------
(1) CMS Energy information reports for Natural Gas, as it does not deal with or
in manufactured gas.
- 38 -
40
(B) NUMBER OF MCF. OF NATURAL GAS DISTRIBUTED AT RETAIL OUTSIDE THE STATE
OF MICHIGAN
SUBSIDIARY STATE MCF.
---------- ----- ----
CONSUMERS ENERGY 0
----------
CONSUMERS ENERGY TOTAL 0
==========
CMS MARKETING,
SERVICES AND TRADING
COMPANY (CMS MS&T)
Arkansas 1,577,390
Illinois 859,538
Indiana 1,019,279
Iowa 167,623
Kansas 891,262
Kentucky 6,137,179
Louisiana 5,245,897
Massachusetts 733
Mississippi 149,811
Missouri 165,070
Montana 58,729
Nebraska 63,678
Ohio 341,494
Oklahoma 4,044,776
Pennsylvania 2,525,896
Tennessee 218,950
----------
CMS MS&T TOTAL 23,467,305
==========
TOTAL NATURAL GAS
DISTRIBUTED AT RETAIL
OUTSIDE THE STATE OF MICHIGAN 23,467,305
==========
- 39 -
41
(C) NUMBER OF MCF. OF NATURAL GAS SOLD AT WHOLESALE OUTSIDE MICHIGAN OR AT
MICHIGAN'S LINE.
SUBSIDIARY STATE MCF.
---------- ----- ----
CONSUMERS ENERGY 0
-----------
CONSUMERS ENERGY TOTAL 0
===========
CMS MARKETING,
SERVICES AND TRADING
COMPANY (CMS MS&T)
ALABAMA 6,045,509
CALIFORNIA 14,634
COLORADO 3,109,294
GEORGIA 34,220
ILLINOIS 7,193,343
INDIANA 1,342,133
IOWA 1,341,463
KANSAS 32,571,762
KENTUCKY 3,298,804
LOUISIANA 133,800,247
MINNESOTA 1,684,849
MISSISSIPPI 7,889,127
NEW JERSEY 175,610
NORTH CAROLINA 280,077
OHIO 4,109,637
ONTARIO, CANADA 12,326,526
OKLAHOMA 954,001
PENNSYLVANIA 1,618,410
TENNESSEE 1,401,864
TEXAS 4,408,651
WISCONSIN 60,293
-----------
CMS MARKETING TOTAL 223,660,454
===========
TOTAL NATURAL GAS
SOLD AT WHOLESALE
OUTSIDE MICHIGAN
OR AT MICHIGAN'S
STATE LINE. 223,660,454
===========
- 40 -
42
(D) NUMBER OF MCF. OF NATURAL GAS PURCHASED OUTSIDE THE STATE OF MICHIGAN.
SUBSIDIARY STATE MCF.
---------- ----- ----
CONSUMERS ENERGY** 215,918,000
-----------
CONSUMERS ENERGY TOTAL 215,918,000
===========
CMS MARKETING,
SERVICES AND TRADING
COMPANY (CMS MS&T)
ALABAMA 6,596,953
ALBERTA, CANADA 471,589
CALIFORNIA 14,634
COLORADO 2,412,507
GEORGIA 64,879
ILLINOIS 3,631,995
INDIANA 177,947
IOWA 685,711
KANSAS 19,969,600
KENTUCKY 2,892,509
LOUISIANA 151,622,930
MARYLAND 1,200
MINNESOTA 1,728,100
MISSISSIPPI 7,776,149
MISSOURI 99,764
NEW JERSEY 582,264
NORTH CAROLINA 287,101
OHIO 1,778,416
ONTARIO, CANADA 30,226,039
PENNSYLVANIA 3,493,798
TENNESSEE 5,825,283
TEXAS 4,845,384
WEST VIRGINIA 629,502
WISCONSIN 252,920
-----------
CMS MS&T TOTAL 246,067,174
-----------
TOTAL NATURAL GAS
PURCHASED OUTSIDE OF
MICHIGAN 461,985,174
===========
** Purchased gas data is not available by state or county for
Consumers.
- 41 -
43
4. THE FOLLOWING INFORMATION FOR THE REPORTING PERIOD WITH RESPECT TO
CLAIMANT AND EACH INTEREST IT HOLDS DIRECTLY OR INDIRECTLY IN AN EWG OR
A FOREIGN UTILITY COMPANY, STATING MONETARY AMOUNTS IN UNITED STATES
DOLLARS:
(A) NAME, LOCATION, BUSINESS ADDRESS AND DESCRIPTION OF THE FACILITIES USED
BY THE EWG OR FOREIGN UTILITY COMPANY FOR THE GENERATION, TRANSMISSION
AND DISTRIBUTION OF ELECTRIC ENERGY FOR SALE OR FOR THE DISTRIBUTION AT
RETAIL OF NATURAL OR MANUFACTURED GAS;
(B) NAME OF EACH SYSTEM COMPANY THAT HOLDS AN INTEREST IN SUCH EWG OR
FOREIGN UTILITY COMPANY; AND DESCRIPTION OF THE INTEREST HELD;
(C) TYPE AND AMOUNT OF THE CAPITAL INVESTED, DIRECTLY OR INDIRECTLY, BY THE
HOLDING COMPANY CLAIMING EXEMPTION; ANY DIRECT OR INDIRECT GUARANTEE OF
THE SECURITY OF THE EWG OR FOREIGN UTILITY COMPANY BY THE HOLDING
COMPANY CLAIMING EXEMPTION; AND ANY DEBT OR OTHER FINANCIAL OBLIGATION
FOR WHICH THERE IS RECOURSE, DIRECTLY OR INDIRECTLY, TO THE HOLDING
COMPANY CLAIMING EXEMPTION OR ANOTHER SYSTEM COMPANY, OTHER THAN THE
EWG OR FOREIGN UTILITY COMPANY;
(D) CAPITALIZATION AND EARNINGS OF THE EWG OR FOREIGN UTILITY COMPANY
DURING THE REPORTING PERIOD; AND
(E) IDENTIFY ANY SERVICE, SALES OR CONSTRUCTION CONTRACT(S) BETWEEN THE EWG
OR FOREIGN UTILITY COMPANY AND A SYSTEM COMPANY, AND DESCRIBE THE
SERVICES TO BE RENDERED OR GOODS SOLD AND FEES OR REVENUES UNDER SUCH
AGREEMENT(S).
CMS ENERGY'S EWG AND FOREIGN UTILITY COMPANIES
As of December 31, 2000, CMS Energy had interests in 21 EWGs and 11 foreign
utility companies:
EXEMPT WHOLESALE GENERATORS:
1. CENTRALES TERMICAS SAN NICOLAS, S.A. ("CTSN")
(a) Centrales Termicas San Nicolas, S.A.
Rivadavia S/N
2900 San Nicolas
Prov. Buenos Aires, Argentina
CTSN, an Argentine company, is an EWG and is owner and operator of a
650 MW power plant located in San Nicolas, Argentina, north of Buenos
Aires, Argentina. The
- 42 -
44
five-unit plant can be fueled by coal, petroleum coke, oil or natural
gas. CMS Generation holds a 0.016% indirect ownership interest in CTSN.
(b) In May 1993, Inversora San Nicolas S.A. purchased an 88% share in
CTSN. The remaining 12% interest is held by the Argentine government on
behalf of the facility's employees. On July 7, 1995, AES Argentina,
Inc. purchased a 99.9% ownership interest in CMS Generation San Nicolas
Company, represented by 9,990 newly issued shares, leaving CMS
Generation Co. with a 0.016% indirect ownership interest in CTSN.
(c) As of December 31, 2000, CMS Generation San Nicolas Company had
invested approximately $13 million of equity in CTSN. CMS Energy has
been released from all guarantees related to CTSN.
(d)* Capitalization at 12/31/00
(000s)
Bank Loans $0.00
Long Term Debt (Partners
Loans) $0.00
Shareholder's Equity $0.00
-----
Total Capitalization $0.00
=====
Net Income (Loss)for the period
ended 12/31/00 $0.00
=====
* As stated in Claimant's Form U-3A-2 filed February 29, 1996, due to the
nominal interest (.016%) of CTSN indirectly owned by CMS Generation
Co., capitalization and earnings information of CTSN continues to be
unavailable.
(e) As of December 31, 2000, Centrales Termicas Mendoza, S.A., had a
Contract of Operation with CMS Operating S.A. This is a consulting
contract in connection with the operation and maintenance of the
eligible facility. In 2000, total fees earned from the contract were
$1,334,433.
2. CMS DISTRIBUTED POWER, L.L.C.
(a) CMS Distributed Power, L.L.C. ("CDP")
Fairlane Plaza South
330 Town Center Drive, Suite 300
Dearborn, Michigan 48126
CDP, a Michigan limited liability company, is an EWG and owns a 40 MW
direct generator producing facility located in Zilwaukee, Michigan and
a 38 MW direct generator producing facility in Dearborn, Michigan.
(b) CMS Enterprises Company owns 100% of CDP.
- 43 -
45
(c) As of December 31, 2000 CMS Enterprises Company funded approximately
$15 million of expenditures by CDP.
(d) Capitalization at 12/31/00 (000s)
Bank Loans $ 0
Long Term Debt (Partners Loans) $ 0
Shareholder's Equity $ 999
-------
Total Capitalization $ 999
=======
Net Income (Loss) for the
period ended 12/31/00 $ 999
=======
(e) During the year 2000, CDP had a power purchase agreement with CMS MS&T.
In 2000, the total fees earned from the agreement were $5,946,000.
3. CMS ENSENADA S.A. ("Ensenada")
(a) CMS Ensenada S.A.
Edificio Torre Catalinas Plaza
Ing. Butty 220 8th Floor
(1101) Buenos Aires, Argentina
Ensenada, an Argentine company, is an EWG and is the owner of a 128 MW
natural gas-fired power plant, located on the grounds of YPF S.A.'s La
Plata oil refinery, located in the province of Buenos Aires, Argentina.
(b) CMS Operating S.A. owns 99% of Ensenada. CMS Generation Holdings
Company owns 1%. See Exhibit B.
(c) As of December 31, 2000, CMS Operating S.A. had invested approximately
$37.9 million of equity in Ensenada.
(d) Capitalization at 12/31/00
(000s)
Shareholder's Equity $ 12
Irrevocable Contributions $305,852
OPIC Loan (LT) $ 52,174
--------
Total $358,038
========
Net Income (Loss) for the
period ended 12/31/00 $ 434
========
- 44 -
46
(e) As of December 31, 2000, CMS Ensenada S.A. maintains a 7 year
Operating and Maintenance Agreement with CMS Operating S.A. to operate
and maintain the La Plata cogeneration plant. This agreement took
effect in 1997. In 2000, total fees earned were $500,000.
4. CMS GENERATION CEBU LIMITED DURATION COMPANY ("Cebu")
(a) CMS Generation Cebu Limited Duration Company
c/o Maples and Calder
P.O. Box 309, Grand Cayman
Cayman Islands, British West Indies
Cebu, a Cayman Islands company, is an EWG and has indirect 47.5%
ownership interests in two power plants totaling 134.5 MW generating
capacity located in Toledo City, Cebu, Philippines, in the central
island group of the Republic of the Philippines. The plants can be
fueled by coal, oil or diesel fuel.
(b) CMS Generation Investment Company I and CMS Generation Investment
Company II, own 99% and 1%, respectively, of Cebu. See Exhibit B.
(c) As of December 31, 2000, CMS Generation Investment Company I and CMS
Generation Investment Company II had invested approximately $14 million
of equity in Cebu.
(d) Capitalization at 12/31/00
(000s)
Shareholder's Equity $ 13,564
Cumulative Translations
Adjustment $ (8,466)
--------
Net Income (Loss) for the
period ended 12/31/00 $ 1,977
========
(e) N/A
5. CMS GENERATION CEBU OPERATING LIMITED DURATION COMPANY ("Cebu
Operating")
(a) CMS Generation Cebu Operating Limited Duration Company
c/o Maples and Calder
P.O. Box 309, Grand Cayman
Cayman Islands, British West Indies
Cebu Operating, a Cayman Islands company, is an EWG and is the operator
of two power plants totaling 134.5 MW generating capacity, located in
Toledo City, Cebu, Philippines, in the central island group of the
Republic of the Philippines. The plants are owned by Toledo Power
Company.
- 45 -
47
(b) CMS Generation Investment Company I and CMS Generation Investment
Company II, own 99% and 1%, respectively, of Cebu Operating.
See Exhibit B.
(c) As of December 31, 2000, CMS Generation Investment Company I and CMS
Generation Investment Company II had invested approximately $1.4
million of equity in Cebu Operating.
(d) Capitalization at 12/31/00
(000s)
Shareholder's Equity $1,158
Cumulative Translation Adjustment $ (140)
------
Net Income (Loss) for the
period ended 12/31/00 $ (48)
======
(e) As of December 31, 2000, Toledo Power Company, owned 47.5% by Cebu
Operating has an operating agreement, effective January 1, 1996, with
Cebu Operating. In 2000, the total fees earned from the agreement
were $18,023.
6. CMS GENERATION MICHIGAN POWER LLC
(a) CMS Generation Michigan Power LLC
Fairlane Plaza South
330 Town Center Drive
Dearborn, Michigan 48126
CMS Generation Michigan Power LLC, a United States company, is an EWG
and owns a 68 MW natural gas-fired peaking facility located in
Comstock, Michigan and a 148 MW natural gas-fired peaking facility
located in Gaylord, Michigan.
(b) CMS Generation Co. owns 100% of CMS Generation Michigan Power LLC. See
Exhibit B.
(c) As of December 31, 2000, CMS Generation Co. had invested approximately
$76 million of equity in CMS Generation Michigan Power LLC.
(d) Capitalization at 12/31/00
(000s)
Shareholder's Equity $76,054
-------
Net Income (Loss) for the
period ended 12/31/00 $ 8,305
=======
- 46 -
48
(e) As of December 31, 2000, CMS Generation Michigan Power, LLC has an
Operating and Maintenance Agreement with CMS Generation Co. In 2000,
the total fees earned from the agreement were $200,000.
7. CMS GENERATION OPERATING COMPANY
(a) CMS Generation Operating Company
Fairlane Plaza South
330 Town Center Drive
Dearborn, Michigan 48126
CMS Generation Operating Company, a United States company, is an EWG
and is the operator of a 68 MW natural gas-fired peaking facility
located in Comstock, Michigan and a 148 MW natural gas-fired peaking
facility located in Gaylord, Michigan.
(b) CMS Generation Co. owns 100% of CMS Generation Operating Company. See
Exhibit B.
(c) As of December 31, 2000, CMS Generation Company had invested
approximately $5.3 million in CMS Generation Operating Company.
(d) Capitalization at 12/31/00
(000s)
Shareholder's Equity $ 5,354
-------
Net Income (Loss) for the
period ended 12/31/00 $ 812
=======
(e) N/A
8. CMS INTERNATIONAL OPERATING COMPANY
(a) CMS International Operating Company
c/o Maples and Calder
Ugland House
P.O. Box 309, South Church Street
George Town, Cayman Islands, British West Indies
CMS International Operating Company, a Cayman Islands company, is an
EWG and is the operator of a 330 MW combined cycle thermal power plant
under construction located at the Takoradi Power Plant Complex near
Takoradi at Aboadze in the Western Region of the Republic of Ghana.
(b) CMS Generation Co. owns 100% of CMS International Operating Company.
See Exhibit B.
- 47 -
49
(c) As of December 31, 2000, CMS Generation Company had invested
approximately $8.3 million in CMS International Operating Company.
(d) Capitalization at 12/31/00
(000s)
Shareholder's Equity $ 8,180
Cumulative Translation
Adjustment $ (917)
-------
Net Income (Loss) for the period
ended 12/31/00 $ 1,713
=======
(e) NA
9. CMS MOROCCO OPERATING CO., SCA ("CMS Morocco")
(a) CMS Morocco Operating Company SCA
BP 99 Sidi Bouzid
El Jadida
Morocco
CMS Morocco, a Moroccan company, is an EWG that operates two 330 MW
electric generating plants and two 348 MW electric generating
plants at the port of Jorf Lasfar on the Atlantic coast of Morocco.
(b) Jorf Lasfar Operations Handelsbolag, CMS Generation Investment Company
I, CMS International Operating Company, and CMS Generation Jorf Lasfar
III Limited Duration Company own 99.7%, 0.1%, 0.1%, and 0.1%,
respectively, of CMS Morocco. See Exhibit B.
(c) As of December 31, 2000, Jorf Lasfar Operations Handelsbolag, CMS
Generation Investment Company I, CMS International Operating Company,
and CMS Generation Jorf Lasfar III Limited Duration Company, had
invested approximately $6.2 million of equity in CMS Morocco.
(d) Capitalization at 12/31/00
(000s)
Shareholder's Equity $ 6,004
-------
Net Income (Loss) for the period
ended 12/31/00 $ 1,377
=======
(e) As of December 31, 2000, Jorf Lasfar Energy Company has an Operating and
Maintenance Agreement with CMS Morocco, effective September 7, 1997. In
2000, total fees earned this Operating and Maintenance Agreement were
$1,477,836.
- 48 -
50
10. DEARBORN GENERATION OPERATING, L.L.C. ("Dearborn Generation Operating")
(a) Dearborn Generation Operating
Fairlane Plaza South
3330 Town Center
Dearborn, Michigan 48126
Dearborn Generation Operating, a United States company, is an EWG and
is the operator of a 155 MW natural gas-fired facility and an
approximately 550 MW natural gas-fired facility under construction
located in Dearborn, Michigan.
(b) CMS Generation Co. owns 100% of Dearborn Generation Operating. See
Exhibit B.
(c) As of December 31, 2000, CMS Generation Co. had invested $4.6 million
in Dearborn Generation Operating.
(d) Capitalization at 12/31/00
(000s)
Shareholder's Equity $ 4,878
-------
Net Income (Loss) for the period
ended 12/31/00 $ 546
=======
(e) As of December 31, 2000 Dearborn Generation Operating had an operating
and maintenance agreement with Dearborn Industrial Generation. In 2000
the total operating and management fees were $624,269.
11. DEARBORN INDUSTRIAL GENERATION, L.L.C. ("Dearborn Industrial
Generation")
(a) Dearborn Industrial Generation, L.L.C.
Fairlane Plaza South
330 Town Center Drive
Dearborn, Michigan 48126
Dearborn Industrial Generation, a United States company, is an EWG and
is the owner of a 155 MW natural gas-fired facility and an
approximately 550 MW natural gas-fired facility under construction
located in Dearborn, Michigan.
(b) Dearborn Industrial Energy L.L.C. owns 100% of Dearborn Industrial
Generation. See Exhibit B.
(c) As of December 31, 2000, CMS Generation had invested $129 million in
Dearborn Industrial Generation.
- 49 -
51
(d)
Capitalization at 12/31/00
(000s)
Shareholder's Equity $135,774
--------
Net Income (Loss) for the period
ended 12/31/00 $ 0
========
(e) N/A
12. GMR VASAVI POWER CORPORATION PVT. LTD.. ("GMR Vasavi")
(a) GMR Vasavi Power Corporation Pvt. Ltd.
25/1, SKIP House
Ground Floor
Museum Road
Bangalore 560 025, India
GMR Vasavi, an Indian company, is an EWG and owns a 200 MW diesel-fired
power plant located in Basin Bridge in Chennai (f.k.a. Madras), Tamil
Nadu, India.
(b) CMS Energy Maurtius Limited, a wholly owned subsidiary of CMS
Generation Investment Company I, owns 49% of GMR Vasavi. See Exhibit B.
(c) As of December 31, 2000, CMS Energy Maurtius Limited had invested
$29.2 million in GMR Vasavi.
(d)
Capitalization at 11/30/00
(000s)
Shareholder's Equity $ 65,638
Secured Loans $129,925
--------
Net Income (Loss) for the period
ended 11/30/00 $ 10,826
========
(e) As of December 31, 2000, there was a construction/management agreement
between CMS Generation and GMR Vasavi of which total operating and
management fees earned were $425,001.
- 50 -
52
13. GVK INDUSTRIES LIMITED ("GVK")
(a) GVK Industries Limited
Road No. 1
Banjara Hills, Hyderabad
India
GVK, an Indian company, is an EWG and is owner of a 235 MW electric
generating plant located in Jegurupadu, Andra Pradesh, India.
(b) Jegurupadu CMS Generation Company Limited, owns 18.75% of GVK. See
Exhibit B.
(c) As of December 31, 2000, Jegurupadu CMS Generation Company Limited had
invested $29.0 million of equity in GVK Industries, directly and
indirectly through Classic Investment I and Classic Investment II.
(d) Capitalization at 12/31/00
(000s)
Shareholder's Equity $ 104,019
LT Liabilities $ 106,350
---------
Net Income (Loss) for the
period ended 12/31/00 $ 10,887
=========
(e) As of December 31, 2000, GVK Industries, had a restated 10 year
Operation and Maintenance Agreement with Jegurupadu Operating,
effective on the commercial operation date of the steam turbine unit.
In 2000, total fees earned from the agreement were $426,964.
14. HIDROELECTRICA EL CHOCON, S.A. ("Hidroelectrica")
(a) Hidroelectrica El Chocon, S.A.
Avenida Espana
3301 Capital Federal, Argentina
Hidroelectrica, an Argentine company, is an EWG and holds a thirty-year
concession to operate two hydroelectric power plants located 26
kilometers apart on the Limay River in western Argentina. These plants
have a total generating capacity of 1,320 MW.
(b) CMS Generation S.A. owns 2.48% of Hidroelectrica. Hidroinvest, S.A.
owns 59% of Hidroelectrica. CMS Generation, S.A. owns 25% of
Hidroinvest, S.A. See Exhibit B.
(c) As of December 31, 2000, CMS Generation, S.A. had invested
approximately $44 million of equity. CMS Generation, S.A. was a
co-applicant for certain letters of credit required in connection with
the acquisition of the concession, and CMS Energy has guaranteed up to
approximately $15 million of reimbursement obligations relating to
- 51 -
53
these letters of credit. CMS Energy has also guaranteed on behalf of
Hidroelectrica approximately $13 million in connection with the
Guaranteed Indebtedness Credit Agreement dated as of December 15, 1993
between Hidroelectrica and The Chase Manhattan Bank.
(d)
Capitalization at 12/31/00
(000s)
Bank Loans $180,000
Shareholder's Equity $355,612
--------
Total Capitalization $535,612
========
Net Income (Loss) for the period
ended 12/31/00 $ 15,686
========
(e) N/A
15. JAMAICA PRIVATE POWER COMPANY LIMITED ("Jamaica Private Power")
(a) Jamaica Private Power Company Limited
100 Windward Road,
Kingston 2, Jamaica, W.I.
Jamaica Private Power, a Jamaican company, is an EWG and is the owner
of a 65 MW electric generating facility in Rockfort, Kingston, Jamaica.
(b) HCE-Rockfort Diesel owns 41.2 % of Jamaica Private Power. See
Exhibit B.
(c) As of December 31, 2000, HCE Rockfort Diesel had invested approximately
$21.7 million in Jamaica Private Power.
(d)
Capitalization at 12/31/00
(000s)
Shareholder's Equity $ 45,472
Long-Term Debt $ 77,425
--------
Net Income (Loss) for the period
ended 12/31/00 $ 9,883
========
(e) As of December 31, 2000, Jamaica Private Power had an operating
agreement with Private Power. In 2000, total fees earned from the
agreement were $142,253.
- 52 -
54
16. JEGURUPADU OPERATING AND MAINTENANCE COMPANY ("Jegurupadu Operating")
(a) Jegurupadu Operating and Maintenance Company
F-40, N.D.S.E., Part I
New Delhi 110 149
India
Jegurupadu Operating, a Mauritius company, is an EWG and is the
operator of a 235 MW electric generating plant located in Jegurupadu,
Andra Pradesh, India. The plant is owned by GVK Industries Limited.
(b) Jegurupadu O&M Company Mauritius, owns 60% of Jegurupadu Operating. See
Exhibit B.
(c) As of December 31, 2000, Jegurupadu O&M Company had invested
approximately $7.3 million of equity in Jegurupadu Operating, directly
and indirectly through Classic Investment I and Classic Investment II.
(d)
Capitalization at 12/31/00
(000s)
Shareholders' Equity $ 1
-----
Net Income (Loss)
for the period ended 12/31/00 $ 940
=====
(e) As of December 31, 2000, GVK Industries, had a restated 10 year
Operation and Maintenance Agreement with Jegurupadu Operating,
effective on the commercial operation date of the steam turbine unit.
In 2000, total fees earned from the agreement were $426,964.
17. JORF LASFAR ENERGY COMPANY SCA ("Jorf Lasfar")
(a) Jorf Lasfar Energy Company SCA
BP 99 Sidi Bouzid
El Jadida
Morocco
Jorf Lasfar, a Moroccan company, is an EWG that operates through a
subcontractor, CMS Morocco Operating Company SCA, two existing 330 MW
electric generating plants and will construct and operate through a
different subcontractor two additional 348 MW electric generating
plants located at the port of Jorf Lasfar on the Atlantic coast of
Morocco.
(b) Jorf Lasfar Energiaktiebolag, Jorf Lasfar Power Energy Aktiebolag, and
Jorf Lasfar Handelsbolag HB, own 25%, 23% and 2%, respectively, of
Jorf Lasfar. See Exhibit B
- 53 -
55
(c) As of December 31, 2000, CMS Investment Co. IV had invested
approximately $340.4 million of equity in Jorf Lasfar.
(d) Capitalization at 12/31/00
(000s)
Shareholder's Equity $ 284,857
Long Term Loans $ 954,632
---------
Net Income (Loss) for the
period ended 12/31/00 $ 106,064
=========
(e) As of December 31, 2000, Jorf Lasfar had an Operating and Maintenance
Agreement with CMS Morocco, effective September 4, 1997. In 2000, total
fees earned under the agreement were $1,477,835.
18. NATIONAL POWER SUPPLY CO. LTD. ("National Power Supply")
(a) National Power Supply Co. Ltd
Fairlane Plaza South
330 Town Center Drive
Dearborn, Michigan 48126
National Power Supply, a Thailand company, is an EWG and is the owner
and operator of two approximately 150 MW coal-fired cogeneration units
under construction with biomass fuel capability in the Tha Thuom area,
Pranchiburi province, approximately 140 kilometers east of Bangkok,
Thailand.
(b) CMS Generation owns 100% of CMS Generation Operating Company I, which
owns 66.24% of National Power Supply. See Exhibit B.
(c) As of December 31, 2000, CMS Generation Investment Company I had
invested approximately $93.7 million of equity in National Power
Supply.
(d) Capitalization at 12/31/00
(000s)
Shareholder's Equity $ 60,858
Long-Term Loans $ 184,144
---------
Net Income (Loss) for the
period ended 12/31/00 $ (16,319)
=========
(e) As of December 31, 2000, CMS Generation Co. had an Operational and
Maintenance personnel agreement with National Power Supply. In 2000, no
fees were earned under this agreement.
- 54 -
56
19. PANENERGY LAKE CHARLES GENERATION, INC. ("Panenergy Lake Charles
Generation")
(a) Pan Energy Lake Charles Generation, Inc.
5444 Westheimer Road
Houston, Texas 77056
PanEnergy Lake Charles Generation, a Delaware company, is an EWG and is
the owner of a 50% undivided interest in an electric generating
facility with a nominal capacity of 21 MW (15 MW of which is available
through the currently operable generator) located near Lake Charles,
Louisiana. The facility is operated by Trunkline LNG Company.
(b) Trunkline Field Services Company owns 100% of PanEnergy Lake Charles
Generation. See Exhibit B.
(c) As of December 31, 2000, Trunkline Field Services Company had invested
approximately $4 million of equity in PanEnergy Lake Charles
Generation.
(d) Capitalization at 12/31/00 (000s)
Shareholder's Equity $ 3,978
-------
Net Income (Loss) for the
period ended 12/31/00 $ 93
=======
(e) N/A
20. PRIVATE POWER OPERATORS LIMITED ("Private Power")
(a) Private Power Operators Limited
100 Windward Road
Kingston 2, Jamaica, W.I.
Private Power, a Jamaican company, is an EWG and is the operator of a
65 MW electric generating facility in Rockfort, Kingston, Jamaica.
(b) HCO-Jamaica, Inc. owns 50% of Private Power. See Exhibit B.
(c) As of December 31, 2000, HCO Jamaica, Inc. invested approximately
$5,000 thousand of equity in Private Power.
- 55 -
57
(d)
Capitalization at 12/31/00
(000s)
Shareholder's Equity $ 10,000
--------
Net Income (Loss) for the period
ended 12/31/00 $ 0
========
(e) N/A.
21. TAKORADI INTERNATIONAL COMPANY
(a) Takoradi International Company
c/o Maples and Calder
Ugland House
P.O. Box 309, South Church Street
George Town, Cayman Islands, British West Indies
Takoradi International Company, a Cayman Islands company, is an EWG and
is the owner of a 330 MW combined cycle thermal power plant under
construction located at the Takoradi Power Plant Complex near Takoradi
at Aboadze in the Western Region of the Republic of Ghana.
(b) CMS Takoradi Investment Company II owns 90% of Takoradi International
Company. See Exhibit B.
(c) As of December 31, 2000, CMS Generation Investment Company I had
invested approximately $109 million in Takoradi International Company.
(d)
Capitalization at 12/31/00
(000s)
Shareholder's Equity $120,948
--------
Net Income (Loss) for the period
ended 12/31/00 $ 11,295
========
(e) As of December 31, 2000 there were two operating and management fee
agreements; (i) between CMS Generation and Takoradi International
Company and (ii) between CMS Generation and Volta River Authority.
In 2000, total operating and management fees earned were $466,666.
- 56 -
58
FOREIGN UTILITY COMPANIES
1. CMS GENERATION HORIZON ENERGY HOLDINGS LIMITED ("CMSG")
(a) CMS Generation Horizon Energy Holdings Limited
P.O. Box 309
Ugland House, South Church Street
Grand Cayman, Cayman Islands, British West Indies
CMSG, a Cayman Islands company, is a foreign utility company and is
part-owner and operator of a 2,000 MW power station and associated
lignite mine located at Loy Yang, Victoria, Australia.
(b) CMS Generation Loy Yang Holdings II, a wholly owned subsidiary of CMS
Generation Investment Company I, owns 100% of CMSG. See
Exhibit B.
(c) As of December 31, 2000, CMS Generation Investment Company I had
invested approximately $106 million in CMS Generation Loy Yang Holdings
2 and advanced approximately $158 million to CMSG.
(d) Capitalization at 12/31/00 (000s)
Shareholder's Equity $(160,914)
Cumulative Translation
Adjustment
$ (84,423)
---------
Net Income (Loss) for the
period ended 12/31/00 $(178,426)
=========
(e) As of December 31, 2000, CMSG had an Industry Expertise Fee agreement
with Loy Yang Power Partners. In 2000, the total fees earned from the
agreement were $2,720,825.
2. CMS OPERATING S.A.
(a) CMS Operating S.A.
Edificio torre Catalinas Plaza
Ing. Butty 220, 8th Floor
Buenos Aires, Argentina
CMS Operating S.A, an Argentina company, has ownership interest of 99%
in and is the operator of Ensendada, an EWG. As of December 31, 2000,
Centrales Termicas Mendoza S.A., located in Mendoza, Argentina, has a
Contract of Operation and maintenance, a consulting contract, with CMS
Operating S.A. Refer to EWG section item 1, part (e).
- 57 -
59
(b) CMS Enterprises Company and CMS Generation Holdings Company, own 99%
and 1%, respectively of CMS Operating S.A.
(c) As of December 31, 2000, CMS Generation Co. had invested approximately
$314 million of equity in CMS Operating S.A.
(d) Capitalization at 12/31/00 (000s)
Shareholder's Equity $ 35,785
Irrevocable Contributions $ 246,839
Retained Earnings $ 18,421
---------
Net Income (Loss) for the period
ended 12/31/00 $ 13,262
=========
(e) N/A
3. COMPANHIA JAGUARI DE ENERGIA ("Jaguari")
(a) Companhia Jaguari De Energia
Rua Padre Garcia Velho
73-6(degree) andar - conj. 61
Pinheiros
CEP 05421-030
Sau Paulo, SP, Brazil
Jaguari, a Brazilian company, is a foreign utility company that owns
and operates an electricity distribution concession located in the
State of Sao Paulo. Jaguari is a non-traded utility company controlled
by CPEE. Jaguari serves approximately 22,000 customers.
(b) Jaguari is 100% owned by Paulista. See CPEE below and Exhibit B.
(c) As of December 31, 2000, Paulista has invested $29 million in Jaguari.
(d) Capitalization at 12/31/00 (000s)
Shareholder's Equity $28,758
-------
Net Income (Loss) for the period
ended 12/31/00 $ 5,139
=======
(e) N/A
- 58 -
60
4. COMPANHIA LUZ E FORCA DE MOCOCA ("Mococa")
(a) Companhia Luz E Forda De Mococa
Rua Padre Garcia Velho
73-5(degree) andar - conj. 51
Pinheiros
CEP 05421-030
Sau Paulo, SP, Brazil
Mococa, a Brazilian company, is a foreign utility company that owns and
operates an electricity distribution concession located in the State of
Sao Paulo and the State of Minas Gerais, Brazil. Mococa is a non-traded
utility company controlled by CPEE. Mococa serves approximately 32,000
customers.
(b) Mococa is 100% owned by Jaguari. See CPEE below and Exhibit B.
(c) As of December 31, 2000, Jaguari has invested $9 million in Mococa.
(d) Capitalization at 12/31/00 (000s)
Shareholder's Equity $9,092
------
Net Income (Loss) for the
period ended 12/31/00 $1,646
======
(e) N/A
5. COMPANHIA PAULISTA DE ENERGIA ELECTRICA ("CPEE")
(a) Companhia Paulista De Energia Electrica
Rua Padre Garcia Velho
73-7(degree) andar - conj. 73
CEP 05421-030
Sau Paulo, SP, Brazil
CPEE, a Brazilian company, is a foreign utility company that owns and
operates an electricity distribution concession in the State of Sao
Paulo, Brazil and also has a controlling interest in 3 other non-traded
utility companies which own and operate electricity distribution
concessions located in the State of Sao Paulo and in the State of Minas
Gerais. CPEE and its controlled companies serve approximately 146,000
customers. CPEE also owns a 7 percent interest in Investco S.A., which
owns an 850 MW hydroelectric plant currently under construction.
(b) CMS Participacoes Ltda. owns 81.22% of CPEE. See Exhibit B.
(c) As of December 31, 2000, CMS Participacoes Ltda. has invested $92
million in CPEE.
- 59 -
61
(d) Capitalization at 12/31/00 (000s)
Shareholder's Equity $48,733
-------
Net Income (Loss) for the
period ended 12/31/00 $ 8,957
=======
(e) N/A
6. COMPANHIA SUL PAULISTA DE ENERGIA ("Paulista")
(a) Companhia Sul Paulista De Energia
Rua Padre Garcia Velho
73-7(degree) andar - conj. 71
Pinheiros
CEP 05421-030
Sau Paulo, SP, Brazil
Paulista, a Brazilian company, is a foreign utility company that owns
and operates an electricity distribution concession located in the
State of Sao Paulo. Paulista is a non-traded utility company controlled
by CPEE. Paulista serves approximately 52,000 customers.
(b) Paulista is 87.27% owned by CPEE. See CPEE above and Exhibit B.
(c) As of December 31, 2000, CPEE has invested $46 million in Paulista.
(d) Capitalization at 12/31/00 (000s)
Shareholder's Equity $51,588
-------
Net Income (Loss) for the
period ended 12/31/00 $ 8,639
=======
(e) N/A
7. EMIRATES CMS POWER COMPANY
(a) P.O. Box 47688
United Arab Emirates
Al Mansoor Tower,
7th Floor, Suite 701
Abu Dhabi
Emirates CMS Power Company, an U.A.E. Abu Dhabi Emirate, is a foreign
utility company that owns a generation and desalination facility in
Taweelah, Abu Dhabi.
- 60 -
62
(b) CMS Generation Taweelah Limited owns 40% of Emirates CMS Power
Company. See Exhibit B.
(c) As of December 31, 2000, CMS Generation Taweelah Limited had invested
$75 million in equity of Emirates CMS Power Company.
(d) Capitalization at 12/31/00 (000s)
Term Loan $ 0
Shareholder Loan $ 74,114
Retained Earnings $ 4,439
Shareholder's Equity $ 112,599
---------
Total Capitalization $ 191,153
=========
Net Income (Loss) for the period
ended 12/31/00 $ 4,439
=========
(e) N/A
8. EMPRESA DISTRIBUIDORA DE ELECTRICIDAD DE ENTRE RIOS S.A. ("EDEER")
(a) Empresa Distribuidora de Electricidad de Entre Rios S.A.
25 de Mayo 139 (3100)
Parana, Entre Rios, Argentina
EDEER, an Argentine company, is a foreign utility company and owns and
operates an electric distribution company located North of Buenos
Aires, in the Province of Entre Rios, Argentina, serving approximately
235,000 customers.
(b) Inversora en Distribucion de Entre Rios S.A. owns 90% of the shares of
EDEER. See Exhibit B.
(c) As of December 31, 2000, CMS Electric and Gas had invested $34 million
in EDEER.
(d) Capitalization at 12/31/00
(000s)
Shareholder's Equity $180,226
--------
Net Income (Loss) for the period
ended 12/31/00 $ 2,547
========
(e) As of December 31, 2000, EDEER had a Management, Supervision and
Technical Assistance Contract with CMS Electric and Gas Company. This
is a consulting contract in connection with the operation and
maintenance of the foreign utility. In 2000, total fees earned from the
contract were $1,442,193.
- 61 -
63
9. HORIZON ENERGY HOLDINGS LTD. ("Horizon Energy")
(a) Horizon Energy Holdings Limited
P.O. Box 309
Ugland House, South Church Street
Grand Cayman, Cayman Islands, British West Indies
Horizon Energy, a Cayman Islands company, is a foreign utility company
and is part-owner and operator of a 2,000 MW power station and
associated lignite mine located at Loy Yang, Victoria, Australia.
(b) CMS Generation Loy Yang Holdings I, a wholly owned subsidiary of CMS
Generation Investment Company I, owns 100% of Horizon Energy. See
Exhibit B.
(c) As of December 31, 2000, CMS Generation Investment Company I had
invested approximately $106.8 million in CMS Generation Loy Yang
Holdings 1 and advanced approximately $157 million to Horizon Energy.
(d) Capitalization at 12/31/00 (000s)
Shareholder's Equity $ (157,934)
Intercompany Note Payable $ 156,968
----------
Net Income (Loss) for the
period ended 12/31/00 $ (175,423)
==========
(e) N/A.
10. SISTEMA ELECTRICO NUEVA ESPARTA C.A. ("SENECA")
(a) Sistema Electrico Nueva Esparta C.A.
San Lorenzo
Pampatar, Nueva Esparta (6312)
Venezuela
SENECA, a Venezuelan company, is a foreign utility company and is the
owner of 200 MW of diesel-fired power generation units located on
Margarita Island, Venezuela. SENECA also owns and operates an electric
distribution system located on Margarita Island, Venezuela, serving
approximately 94,000 customers.
(b) CMS Electric and Gas Company owns 60% of ENELMAR. CMS Generation Int'l
Investment Company I owns 40% of ENELMAR. ENELMAR owns 70% of SENECA.
See Exhibit B.
(c) As of December 31, 2000, ENELMAR had invested $48 million in SENECA.
- 62 -
64
(d)
Capitalization at 12/31/00
(000s)
Shareholder's Equity $ 66,483
--------
Net Income (Loss) for the period
ended 12/31/00 $(12,100)
--------
(e) On November 25, 1998, CMS Venezuela entered into a Management,
Supervision and Technical Assistance Agreement with SENECA, which
became effective on January 1, 1999. In 2000, total fees earned from
this agreement were $1,701,800.
11. TAWEELAH A2 OPERATING COMPANY ("Taweelah")
(a) c/o CMS Generation Co.
330 Town Center Drive
Suite 1000
Dearborn, Michigan 48126
Taweelah is a foreign utility company that operates a 370 MW generation
and desalination facility in Taweelah, Abu Dhabi.
(b) CMS Energy owns an interest in Taweelah through intervening
subsidiaries CMS Enterprises Company and CMS Generation Co.
(c) As of December 31, 2000, CMS Generation Company had invested
approximately $446 thousand of equity in Taweelah.
(d)
Capitalization at 12/31/00 (000s)
Shareholder's Equity $ 56
Retained Earnings $ 175
Shareholder's Equity $ 245
-----
Net Income (Loss)for the period
ended 12/31/00 $ 158
-----
(e) As of December 31, 2000, there was an operating and management
agreement between Taweelah and Emirate CMS Power Company of which
total fees earned were $223,622.
- 63 -
65
The above-named Claimant has caused this statement to be duly executed on
its behalf by its authorized officer on this 28th day of February, 2001.
CMS ENERGY CORPORATION
A Michigan corporation
[CORPORATE SEAL]
By: /s/Rodger A. Kershner
---------------------
Rodger A. Kershner
Senior Vice President and
General Counsel
ATTEST:
/s/Thomas A. McNish
-------------------
Thomas A. McNish
Vice President and Secretary
Name, title, and address of officer to whom notices and correspondence
concerning this Statement should be addressed:
Rodger A. Kershner
Senior Vice President and
General Counsel
CMS Energy Corporation
Fairlane Plaza South
Suite 1100
330 Town Center Drive
Dearborn, Michigan 48126
- 64 -
66
EXHIBIT A
A consolidating statement of income and surplus of CMS Energy and its
subsidiary companies for the last calendar year, together with a consolidating
balance sheet of CMS Energy and its subsidiary companies as of the close of such
calendar year is attached.
CMS ENERGY CORPORATION
Consolidating Statement of Income
For the Year Ended December 31, 2000
(In Millions, except Per Share Amounts)
Consumers CMS Inter-
Energy Enterprises company CMS Energy
CMS Energy Company Company Elimina- Corporation
Corp. (1) Consol. Consol. tions Consol.
Operating Revenue
Electric utility $ - $2,676 $ - $ - $2,676
Gas utility - 1,196 - - 1,196
Independent power production - 57 443 - 500
Oil and gas exploration
and production - - 134 (3) 131
Natural gas transmission - - 946 (40) 906
Marketing, services and trading - - 3,432 (138) 3,294
International energy distribution - - 265 - 265
Other - 6 24 - 30
------ ------ ------ ------ ------
Total operating revenue - 3,935 5,244 (181) 8,998
------ ------ ------ ------ ------
Operating Expenses
Fuel for electric generation - 324 84 - 408
Purchased power -
related parties - 534 21 - 555
Purchased and interchange
power - 402 1,584 - 1,986
Cost of gas sold - 719 2,158 (176) 2,701
Other operation expense 8 526 876 (5) 1,405
Maintenance - 172 126 - 298
Depreciation, depletion
and amortization 2 426 209 - 637
General taxes - 197 84 - 281
------ ------ ------ ------ ------
Total operating expenses 10 3,300 5,142 (181) 8,271
------ ------ ------ ------ ------
Pretax Operating Income (Loss) (10) 635 102 - 727
------ ------ ------ ------ ------
Other Income (Deductions)
Dividends and interest
from affiliates 89 10 4 (103) -
Accretion income - 2 - - 2
Accretion expense (26) (7) - - (33)
Gain on asset sales 12 - 72 - 84
Other, net 272 (5) 23 (281) 9
------ ------ ------ ------ ------
Total other income
(deductions) 347 - 99 (384) 62
------ ------ ------ ------ ------
Fixed Charges
Interest on long-term debt 322 141 128 - 591
Other interest 40 44 51 (87) 48
Capitalized interest (4) (2) (4) - (49)
Preferred dividends - 2 5 (5) 2
Preferred securities distributions 59 34 - - 93
------ ------ ------ ------ ------
Net fixed charges 417 219 141 (92) 685
------ ------ ------ ------ ------
Income (Loss) Before Income Taxes and
Minority Interests (80) 416 60 (292) 104
Income Taxes (125) 148 37 - 60
Minority Interests - - 3 - 3
------ ------ ------ ------ ------
Consolidated Net Income (Loss) before
Accounting Change and
Common Stock Dividends 45 268 20 (292) 41
Cumulative Effect of Accounting Change - - (5) - (5)
------ ------ ------ ------ ------
A-1
67
Consolidated Net Income (Loss) before
Common Stock Dividends 45 268 15 (292) 36
Dividends on Common Stock 174 247 - (254) 167
------ ------ ------ ------ ------
Consolidated Net Income (Loss) after
Common Stock Dividends $ (129) $ 21 $ 15 $ (38) (131)
====== ====== ====== ====== ======
Average Number of CMS Energy Common Shares Outstanding 113,128
Basic Earnings Per CMS Energy Average Common Share $ .32
Diluted Earnings Per CMS Energy Average Common Share $ .32
(1) Represents CMS Energy Corporation with Consumers Energy Company and CMS
Enterprises Company included on the equity method of accounting.
A-2
68
CONSUMERS ENERGY COMPANY
Consolidating Statement of Income
For the Year Ended December 31, 2000
(In Millions)
Michigan CMS CMS Inter- Consumers
Consumers Gas Engin- Midland CMS company Energy
Energy Storage eering Holdings Midland Elimina- Company
Company (2) Company Co. Company Inc. tions Consol.
Operating Revenue
Electric $2,676 $ - $ - $ - $ - $ - $2,676
Gas 1,191 24 - - - (19) 1,196
Other 5 - 2 13 44 (1) 63
------ ------ ------ ------ ------ ------ ------
Total operating revenue 3,872 24 2 13 44 (20) 3,935
------ ------ ------ ------ ------ ------ ------
Operating Expenses
Fuel for electric generation 324 - - - - - 324
Purchased power -
related parties 534 - - - - - 534
Purchased and interchange
power 402 - - - - - 402
Cost of gas sold 738 - - - - (19) 719
Other operation expense 517 8 2 - - (1) 526
Maintenance 170 2 - - - - 172
Depreciation, depletion
and amortization 423 2 - - 1 - 426
General taxes 195 2 - - - - 197
------ ------ ------ ------ ------ ------ ------
Total operating expenses 3,303 14 2 - 1 (20) 3,300
------ ------ ------ ------ ------ ------ ------
Pretax Operating Income 569 10 - 13 43 - 635
------ ------ ------ ------ ------ ------ ------
Other Income (Deductions)
Dividends and interest
from affiliates 48 - - - - (38) 10
Accretion income 2 - - - - - 2
Accretion expense (7) - - - - - (7)
Other, net 39 - - - - (44) (5)
------ ------ ------ ------ ------ ------ ------
Total other income
(deductions) 82 - - - - (82) -
------ ------ ------ ------ ------ ------ ------
Interest Charges
Interest on long-term debt 141 - - - - - 141
Other interest 80 1 - - - (37) 44
Capitalized interest (2) - - - - - (2)
------ ------ ------ ------ ------ ------ ------
Net interest charges 219 1 - - - (37) 183
------ ------ ------ ------ ------ ------ ------
Income (Loss) Before Income Taxes 432 9 - 13 43 (45) 452
Income Taxes 127 3 - 3 15 - 148
------ ------ ------ ------ ------ ------ ------
Net Income (Loss) 305 6 - 10 28 (45) 304
Preferred Stock Dividends 2 - - - - - 2
Preferred Securities Distribution 34 - - - - - 34
------ ------ ------ ------ ------ ------ ------
Net Income (Loss) Available
to Common Stockholder 269 6 - 10 28 (45) 268
Dividends on Common Stock 248 - - - - (1) 247
------ ------ ------ ------ ------ ------ ------
Net Income (Loss) After Common
Dividends $ 21 $ 6 $ - $ 10 $ 28 $ (44) $ 21
====== ====== ====== ====== ====== ====== ======
(2) Represents Consumers Energy Company, ES Services Company and Consumers
EnergyGuard Services, Inc. consolidated with Michigan Gas Storage Company,
CMS Midland Holdings Company, CMS Midland, Inc. and CMS Engineering Co.
included on the equity method of accounting.
A-3
69
CMS ENTERPRISES COMPANY
Consolidating Statement of Income
For the Year Ended December 31, 2000
(In Millions)
CMS CMS CMS Gas
CMS Oil and Generation CMS CMS CMS Trans.
Enterprises Gas Co. Co. Capital Land MS & T Co.
Company (3) Consol. Consol. Corp. Company Company Consol.
Operating Revenue
Oil and gas exploration
and production $ - $ 154 $ - $ - $ - $ - $ -
Independent power production - - 321 - - - -
Natural gas transmission - - - - - - 1,082
Marketing, services and trading - - - - - 3,470 -
International energy dist. - - - - - - -
Other 4 - - 18 1 - -
------ ------ ------ ------ ------ ------ ------
Total operating revenue 4 154 321 18 1 3,470 1,082
------ ------ ------ ------ ------ ------ ------
Operating Expenses
Fuel for electric generation - - 46 - - - -
Purchased power -
related parties - - - - - 21 -
Purchased and interchange
power - - - - - 1,457 -
Cost of gas sold - - - - - 1,865 478
Other operation expense 16 78 446 3 1 106 155
Maintenance - 3 7 - - - 105
Depreciation, depletion
and amortization 2 37 25 - - 5 90
General taxes 2 5 5 - - 2 28
------ ------ ------ ------ ------ ------ ------
Total operating expenses 20 123 529 3 1 3,456 856
------ ------ ------ ------ ------ ------ ------
Pretax Operating Income (Loss) (16) 31 (208) 15 - 14 226
------ ------ ------ ------ ------ ------ ------
Other Income (Deductions)
Dividends and interest
from affiliates 5 1 2 34 - - 11
Gain on asset sales - 38 42 - - - -
Other, net 38 - 2 1 - - 5
------ ------ ------ ------ ------ ------ ------
Total other income
(deductions) 43 39 46 35 - - 16
------ ------ ------ ------ ------ ------ ------
Fixed Charges
Interest on long-term debt - 9 26 1 - - 85
Other interest 2 6 26 41 - 4 11
Capitalized interest (2) - (36) - - - (4)
Preferred dividends 5 - - - - - -
------ ------ ------ ------ ------ ------ ------
Net fixed charges 5 15 16 42 - 4 92
------ ------ ------ ------ ------ ------ ------
Income (Loss) Before Income Taxes
and Minority Interests 22 55 (178) 8 - 10 150
Income Taxes 5 (1) (40) 3 - 4 56
Minority Interests - - 1 - - - -
------ ------ ------ ------ ------ ------ -----
Net Income (Loss) Before
Accounting Change 17 56 (139) 5 - 6 94
Cumulative Effect of
Accounting Change - (5) - - - - -
------ ------ ------ ------ ------ ------ ------
Net Income (Loss) $ 17 $ 51 $ (139) $ 5 $ - $ 6 $ 94
====== ====== ====== ====== ====== ====== ======
(Continued on Following Page)
A-4
70
CMS ENTERPRISES COMPANY
Consolidating Statement of Income
For the Year Ended December 31, 2000
(In Millions)
(Continued from Previous Page)
CMS CMS CMS Inter- CMS
Electric Oper. Dist. company Enterprises
& Gas S.A. Power Elimina- Company
Company Consol. LLC tions Consol.
Operating Revenue
Oil and gas exploration
and production $ - $ - $ - $ (20) $ 134
Independent power production - 138 - (16) 443
Natural gas transmission - - - (136) 946
Marketing, services and trading - - - (38) 3,432
International energy dist. 265 - - - 265
Other - - 6 (5) 24
------ ------ ------ ------ ------
Total operating revenue 265 138 6 (215) 5,244
------ ------ ------ ------ ------
Operating Expenses
Fuel for electric generation - 62 - (24) 84
Purchased power -
related parties - - - - 21
Purchased and interchange
power 101 26 - - 1,584
Cost of gas sold - - - (185) 2,158
Other operation expense 64 13 3 (9) 876
Maintenance 4 7 - - 126
Depreciation, depletion
and amortization 32 17 1 - 209
General taxes 42 - - - 84
------ ------ ------ ------ ------
Total operating expenses 243 125 4 (218) 5,142
------ ------ ------ ------ ------
Pretax Operating Income (Loss) 22 13 2 3 102
------ ------ ------ ------ ------
Other Income (Deductions)
Dividends and interest
from affiliates - - - (49) 4
Gain on asset sales (8) - - - 72
Other, net 10 2 - (35) 23
------ ------ ------ ------ ------
Total other income
(deductions) 2 2 - (84) 99
------ ------ ------ ------ ------
Fixed Charges
Interest on long-term debt 1 6 - - 128
Other interest 10 - - (49) 51
Capitalized interest (1) - - - (4)
Preferred dividends - - - - 5
------ ------ ------ ------ ------
Net fixed charges 10 6 - (49) 141
------ ------ ------ ------ ------
Income (Loss) Before Income Taxes
and Minority Interests 14 9 2 (3) 60
Income Taxes 7 2 1 - 37
Minority Interests (2) 1 - 3 3
------ ------ ------ ------ ------
Net Income (Loss) Before
Accounting Change 9 6 1 (35) 20
Cumulative Effect of
Accounting Change - - - - (5)
------ ------ ------ ------ ------
Net Income (Loss) $ 9 $ 6 $ 1 $ (35) $ 15
====== ====== ====== ====== ======
A-5
71
(3) Represents CMS Enterprises Company, Monarch Management Corporation, CMS
Resource Development Company, CMS Comercializadora de Energia S.A., CMS
Energy Asia Private Limited, CMS Energy South America Company and CMS
Energy UK Limited consolidated with CMS Oil and Gas Company, CMS Generation
Company, CMS Land Company, CMS Operating S.A., CMS Distributed Power LLC,
CMS Marketing, Services and Trading Company, CMS Gas Transmission Company,
CMS Electric and Gas Company and CMS Capital Corporation included on the
equity method of accounting.
A-6
72
CMS OIL AND GAS COMPANY
Consolidating Statement of Income
For the Year Ended December 31, 2000
(In Millions)
CMS CMS CMS CMS
CMS O&G Oil & Gas Terra Oil & Gas CMS O & G Oil & Gas
Oil and Gas Alba International Energy, Ecuador Venezuela Congo
Company (4) LDC Co. Consol. Ltd. LDC LDC Ltd.
Operating Revenue
Oil and gas exploration
and production $ (4) $ 5 $ 47 $ 4 $ 17 $ 33 $ 6
Other - - - - - - -
------ ------ ------ ------ ------ ------ ------
Total operating revenue (4) 5 47 4 17 33 6
------ ------ ------ ------ ------ ------ ------
Operating Expenses
Other operation expense 37 1 15 1 4 6 2
Maintenance 1 - 2 - - - -
Depreciation, depletion
and amortization 12 1 9 1 2 8 1
General taxes 5 - - - - - -
------ ------ ------ ------ ------ ------ ------
Total operating expenses 55 2 26 2 6 14 3
------ ------ ------ ------ ------ ------ ------
Pretax Operating Income (Loss) (59) 3 21 2 11 19 3
------ ------ ------ ------ ------ ------ ------
Other Income (Deductions)
Interest from affiliates 1 - - - - - -
Gain (loss) on asset sales (1) - - - - - -
Other, net 102 1 (1) - - (1) -
------ ------ ------ ------ ------ ------ ------
Total other income
(deductions) 102 1 (1) - - (1) -
------ ------ ------ ------ ------ ------ ------
Fixed Charges
Interest on long-term debt 8 1 - - - - -
Other interest 6 - - - - - -
Capitalized interest - - - - - - -
------ ------ ------ ------ ------ ------ ------
Net fixed charges 14 1 - - - - -
------ ------ ------ ------ ------ ------ ------
Income (Loss) Before Income Taxes 29 3 20 2 11 18 3
Income Taxes (26) - 7 - 4 6 -
------ ------ ------ ------ ------ ------ ------
Net Income (Loss) Before
Accounting Change 55 3 13 2 7 12 3
Cumulative Effect of
Accounting Change (5) - - - - - -
------ ------ ------ ------ ------ ------ ------
Net Income (Loss) $ 50 $ 3 $ 13 $ 2 $ 7 $ 12 $ 3
====== ====== ====== ====== ====== ====== ======
(Continued on Following Page)
A-7
73
CMS OIL AND GAS COMPANY
Consolidating Statement of Income
For the Year Ended December 31, 2000
(In Millions)
(Continued from Previous Page)
CMS Explota- CMS CMS Inter- CMS
Oil & Gas ciones CMS Oil & Gas Oil & Gas company Oil and Gas
E.G. Oil & Gas E.G. Int'l Elimina- Company
LDC Co. Ltd. Ltd. tions Consol.
Operating Revenue
Oil and gas exploration
and production $ 2 $ 12 $ 32 $ - $ - $ 154
Other - - - - - -
------ ------ ------ ------ ------ ------
Total operating revenue 2 12 32 - - 154
------ ------ ------ ------ ------ ------
Operating Expenses
Other operation expense 1 4 7 - - 78
Maintenance - - - - - 3
Depreciation, depletion
and amortization - 2 1 - - 37
General taxes - - - - - 5
------ ------ ------ ------ ------ ------
Total operating expenses 1 6 8 - - 123
------ ------ ------ ------ ------ ------
Pretax Operating Income (Loss) 1 6 24 - - 31
------ ------ ------ ------ ------ ------
Other Income (Deductions)
Interest from affiliates - - - 1 (1) 1
Gain (loss) on asset sales - - - 39 - 38
Other, net - - - - (101) -
------ ------ ------ ------ ------ ------
Total other income
(deductions) - - - 40 (102) 39
------ ------ ------ ------ ------ ------
Fixed Charges
Interest on long-term debt - - - - - 9
Other interest - - - 1 (1) 6
Capitalized interest - - - - - -
------ ------ ------ ------ ------ ------
Net fixed charges - - - 1 (1) 15
------ ------ ------ ------ ------ ------
Income (Loss) Before Income Taxes 1 6 24 39 (101) 55
Income Taxes - 2 6 - - (1)
------ ------ ------ ------ ------ ------
Net Income (Loss) Before
Accounting Change 1 4 18 39 (101) 56
Cumulative Effect of
Accounting Change - - - - - (5)
------ ------ ------ ------ ------ ------
Net Income (Loss) $ 1 $ 4 $ 18 $ 39 $ (101) $ 51
====== ====== ====== ====== ====== ======
(4) Represents CMS Oil and Gas Company and CMS Oil and Gas Pipeline Company
consolidated with CMS Oil and Gas International Company included on the
equity method of accounting.
A-8
74
CMS OIL AND GAS INTERNATIONAL COMPANY
Consolidating Statement of Income
For the Year Ended December 31, 2000
(In Millions)
CMS CMS NOMECO CMS Oil & Inter- CMS Oil &
Oil and Gas Int'l Gas Int'l. Company Gas Inter.,
International Congo Hld., Tunisia, Elimina- Inc.
Co. (5) Inc. Inc. tions Consol.
Operating Revenue
Oil and gas exploration
and production $ - $ 30 $ 17 $ - $ 47
Other - - - - -
------ ------ ------ ------ ------
Total operating revenue - 30 17 - 47
------ ------ ------ ------ ------
Operating Expenses
Other operation expense 1 11 3 - 15
Maintenance - 2 - - 2
Depreciation, depletion
and amortization - 7 2 - 9
General taxes - - - - -
------ ------ ------ ------ ------
Total operating expenses 1 20 5 - 26
------ ------ ------ ------ ------
Pretax Operating Income (Loss) (1) 10 12 - 21
------ ------ ------ ------ ------
Other Income (Deductions) 13 (1) - (13) (1)
------ ------ ------ ------ ------
Fixed Charges
Interest on long-term debt - - - - -
Other interest - - - - -
------ ------ ------ ------ ------
Net fixed charges - - - - -
------ ------ ------ ------ ------
Income (Loss) Before Income Taxes 12 9 12 (13) 20
Income Taxes - 3 4 - 7
------ ------ ------ ------ ------
Net Income (Loss) $ 12 $ 6 $ 8 $ (13) $ 13
====== ====== ====== ====== ======
(5) Represents CMS Oil and Gas International Company and CMS Oil and Gas
Cameroon Ltd. consolidated.
A-9
75
CMS GENERATION COMPANY
Consolidating Statement of Income
For the Year Ended December 31, 2000
(In Millions)
CMSG HYDRA-CO CMSG
CMS CMSG Filer Enter- Grayling CMSG Oxford
Generation Altoona City prises, Holdings Operating CMS
Co. (6) Company Inc. Consol. Company Company Dev. LP
Operating Revenue
Independent power production $ 35 $ - $ 4 $ 35 $ 1 $ 1 $ 1
Other - - - - - - -
------ ------ ------ ------ ------ ------ ------
Total operating revenue 35 - 4 35 1 1 1
------ ------ ------ ------ ------ ------ ------
Operating Expenses
Fuel for electric generation - - - 5 - - -
Purchased and interchange
power - - - - - - -
Other operation expense 52 - - 3 - - -
Maintenance - - - 3 - - -
Depreciation, depletion
and amortization 4 - - 3 2 - -
General taxes 1 - - 1 - - -
------ ------ ------ ------ ------ ------ ------
Total operating expenses 57 - - 15 2 - -
------ ------ ------ ------ ------ ------ ------
Pretax Operating Income (Loss) (22) - 4 20 (1) 1 1
------ ------ ------ ------ ------ ------ ------
Other Income (Deductions)
Interest from affiliates - 2 - 1 - - -
Gain on asset sales - - - 42 - - -
Other, net (224) - - 1 - - -
------ ------ ------ ------ ------ ------ ------
Total other income
(deductions) (224) 2 - 44 - - -
------ ------ ------ ------ ------ ------ ------
Fixed Charges
Interest on long-term debt - - - 7 - - -
Other interest 11 - - - - - -
Capitalized interest (22) - - - - - -
------ ------ ------ ------ ------ ------ ------
Fixed charges (11) - - 7 - - -
------ ------ ------ ------ ------ ------ ------
Income (Loss) Before Income Taxes
and Minority Interests (235) 2 4 57 (1) 1 1
Income Taxes (96) 1 1 23 (1) - -
Minority Interests - - - - - - -
------ ------ ------ ------ ------ ------ ------
Net Income (Loss) $ (139) $ 1 $ 3 $ 34 $ - $ 1 $ 1
====== ====== ====== ====== ====== ====== ======
(Continued on Following Page)
A-10
76
CMS GENERATION COMPANY
Consolidating Statement of Income
For the Year Ended December 31, 2000
(In Millions)
(Continued from Previous Page)
Mid- CMSG CMS CMSG
CMSG CMS CMSG Michigan Inv. Co. Int'l. Michigan
Holdings Generation Inv Co. Recycling I Operating Power
Company S.A. III L.L.C. Consol. Co. LLC
Operating Revenue
Independent power production $ - $ (3) $ 1 $ 5 $ 176 $ 4 $ 14
Other - - - - - - -
------ ------ ------ ------ ------ ------ ------
Total operating revenue - (3) 1 5 176 4 14
------ ------ ------ ------ ------ ------ ------
Operating Expenses
Fuel for electric generation - - - 1 39 - -
Purchased and interchange
power - - - - - - -
Other operation expense - (2) - 3 347 1 2
Maintenance - - - - 2 - 1
Depreciation, depletion
and amortization - - - 1 11 - 2
General taxes - - - - - - 1
------ ------ ------ ------ ------ ------ ------
Total operating expenses - (2) - 5 399 1 6
------ ------ ------ ------ ------ ------ ------
Pretax Operating Income (Loss) - (1) 1 - (223) 3 8
------ ------ ------ ------ ------ ------ ------
Other Income (Deductions)
Interest from affiliates 1 - - - - - -
Gain on asset sales - - - - - - -
Other, net - - - - 1 - -
------ ------ ------ ------ ------ ------ ------
Total other income
(deductions) 1 - - - 1 - -
------ ------ ------ ------ ------ ------ ------
Fixed Charges
Interest on long-term debt - - - - 19 - -
Other interest - - - - 3 - -
Capitalized interest - - - - - - -
------ ------ ------ ------ ------ ------ ------
Net fixed charges - - - - 22 - -
------ ------ ------ ------ ------ ------ ------
Income (Loss) Before Income Taxes
and Minority Interests 1 (1) 1 - (244) 3 8
Income Taxes 1 - - - 30 1 -
Minority Interests - - - - 1 - -
------ ------ ------ ------ ------ ------ ------
Net Income (Loss) $ - $ (1) $ 1 $ - $ (275) $ 2 $ 8
====== ====== ====== ====== ====== ====== ======
(Continued on Following Page)
A-11
77
CMS GENERATION COMPANY
Consolidating Statement of Income
For the Year Ended December 31, 2000
(In Millions)
(Continued from Previous Page)
Dearborn Dearborn Inter- CMS
Indust. Generation company Generation
Generation Operating Elimina- Company
LLC LLC tions Consol.
Operating Revenue
Independent power production $ 45 $ 5 $ (3) $ 321
Other - - - -
------ ------ ------ ------
Total operating revenue 45 5 (3) 321
------ ------ ------ ------
Operating Expenses
Fuel for electric generation - 1 - 46
Purchased and interchange
power - - - -
Other operation expense 40 3 (3) 446
Maintenance 1 - - 7
Depreciation, depletion
and amortization 2 - - 25
General taxes 2 - - 5
------ ------ ------ ------
Total operating expenses 45 4 (3) 529
------ ------ ------ ------
Pretax Operating Income (Loss) - 1 - (208)
------ ------ ------ ------
Other Income (Deductions)
Interest from affiliates - - (2) 2
Gain on asset sales - - - 42
Other, net - - 224 2
------ ------ ------ ------
- - 222 46
------ ------ ------ ------
Fixed Charges
Interest on long-term debt - - - 26
Other interest 14 - (2) 26
Capitalized Interest (14) - - (3)
------ ------ ------ ------
Net fixed charges - - (2) 16
------ ------ ------ ------
Income (Loss) Before Income Taxes
and Minority Interests - 1 224 (178)
Income Taxes - - - (40)
Minority Interests - - - 1
------ ------ ------ ------
Net Income (Loss) $ - $ 1 $ 224 $ (139)
====== ====== ====== ======
(6) Represents CMS Generation Company, CMSG Filer City Operating Company, CMSG
Grayling Company, CMSG Genesee Company, CMSG Recycling Company, CMSG
Lyonsdale Company, CMSG Chateaugay Company, CMSG Mon Valley Company, CMSG
Honey Lake Company, CMS Centrales Termicas S.A., Taweelah A2 Operating
Company and CMSG Montreal Company consolidated with HYDRA-CO Enterprises,
Inc. and CMSG Investment Company I included on the equity method of
accounting.
A-12
78
HYDRA-CO ENTERPRISES, INC.
Consolidating Statement of Income
For the Year Ended December 31, 2000
(In Millions)
HYDRA-CO CMS HCE Inter- HYDRO-CO
Enter- Generation HCE Rockport- Lakewood company Enter-
prises, Oper. Co. Hudson, Diesel, Cogen. Elimina- prises
Inc. (7) II Inc. Inc. L.P. tions Consol.
Operating Revenue
Independent power production $ 3 $ 1 $ 3 $ 4 $ 24 $ - $ 35
Other - - - - - - -
------ ------ ------ ------ ------ ------ ------
Total operating revenue 3 1 3 4 24 - 35
------ ------ ------ ------ ------ ------ ------
Operating Expenses
Fuel for electric generation - - - - 5 - 5
Other operation expense - - - - 3 - 3
Maintenance 1 - - - 2 - 3
Depreciation, depletion
and amortization - - - - 3 - 3
General taxes - - - - 1 - 1
------ ------ ------ ------ ------ ------ ------
Total operating expenses 1 - - - 14 - 15
------ ------ ------ ------ ------ ------ ------
Pretax Operating Income 2 1 3 4 10 - 20
------ ------ ------ ------ ------ ------ ------
Other Income (Deductions)
Interest from affiliates 1 - - - - - 1
Gain on asset sales 41 - 1 - - - 42
Other, net 6 - - - - (5) 1
------ ------ ------ ------ ------ ------ ------
Total other income
(deductions) 48 - 1 - - (5) 44
------ ------ ------ ------ ------ ------ ------
Fixed Charges
Interest on long-term debt - - - - 7 - 7
Other interest - - - - - - -
Capitalized interest - - - - - - -
------ ------ ------ ------ ------ ------ ------
Net fixed charges - - - - 7 - 7
------ ------ ------ ------ ------ ------ ------
Income (Loss) Before Income Taxes 50 1 4 4 3 (5) 57
Income Taxes 20 - 1 2 - - 23
------ ------ ------ ------ ------ ------ ------
Net Income (Loss) $ 30 $ 1 $ 3 $ 2 $ 3 $ (5) $ 34
====== ====== ====== ====== ====== ====== ======
(7) Represents HYDRA-CO Enterprises, Inc., CMSG Stratton Company,
HCE-Appomattox, Inc., HCE-Jamaica Development, Inc., HCE-Lakewood, Inc.,
HCO-Jamaica, Inc., HCE-Imperial Valley, Inc. and New Bern Energy Recovery,
Inc. consolidated.
A-13
79
CMS GENERATION INVESTMENT COMPANY I
Consolidating Statement of Income
For the Year Ended December 31, 2000
(In Millions)
CMSG CMSG CMSG CMSG
CMSG Jeguru- CMSG CMSG Loy Yang Loy Yang Jorf
Inv. Co. padu Taweelah Cebu Holdings Holdings Lasfar
I (8) I/II LDC LDC LDC 1 Ltd. 2 Ltd. I/II LDC
Operating Revenue
Independent power production $ 68 $ 1 $ (1) $ 2 $ (2) $ 1 $ 2
Other - - - - - - -
------ ------ ------ ------ ------ ------ ------
Total operating revenue 68 1 (1) 2 (2) 1 2
------ ------ ------ ------ ------ ------ ------
Operating Expenses
Fuel for electric generation 26 - - - - - -
Other operation expense 8 - 2 - 161 166 -
Maintenance - - - - - - -
Depreciation, depletion
and amortization 10 1 - - - - -
General taxes - - - - - - -
------ ------ ------ ------ ------ ------ -----
Total operating expenses 44 1 2 - 161 166 -
------ ------ ------ ------ ------ ------ ------
Pretax Operating Income (Loss) 24 - (3) 2 (163) (165) 2
------ ------ ------ ------ ------ ------ ------
Other Income (Deductions)
Interest from affiliates - - - - - - -
Other, net (274) - - - - - -
------ ------ ------ ------ ------ ------ ------
Total other income
(deductions) (274) - - - - - -
------ ------ ------ ------ ------ ------ ------
Fixed Charges
Interest on long-term debt 19 - - - - - -
Other interest 3 - - - - - -
Capitalized interest - - - - - - -
------ ------ ------ ------ ------ ------ ------
Net fixed charges 22 - - - - - -
------ ------ ------ ------ ------ ------ ------
Income (Loss) Before Income Taxes
and Minority Interests (272) - (3) 2 (163) (165) 2
Income Taxes - - - - 12 13 -
Minority Interests - - - - - - -
------ ------ ------ ------ ------ ------ ------
Net Income (Loss) $ (272) $ - $ (3) $ 2 $ (175) $ (178) $ 2
====== ====== ====== ====== ====== ====== ======
(Continued on Following Page)
A-14
80
CMS GENERATION INVESTMENT COMPANY I
Consolidating Statement of Income
For the Year Ended December 31, 2000
(In Millions)
(Continued from Previous Page)
CMS Jorf Jorf Jorf Inter- CMSG
Takoradi Lasfar Lasfar Lasfar company Investment
Invest. Monetize Handels- Energia- PE Elimina- Co. I
Co. Limited bolag HB ktiebolag Aktie. tions Consol.
Operating Revenue
Independent power production $ 41 $ 6 $ 2 $ 29 $ 27 $ - $ 176
Other - - - - - - -
------ ------ ------ ------ ------ ------ ------
Total operating revenue 41 6 2 29 27 - 176
------ ------ ------ ------ ------ ------ ------
Operating Expenses
Fuel for electric generation 13 - - - - - 39
Other operation expense 10 - - - - - 347
Maintenance 2 - - - - - 2
Depreciation, depletion
and amortization - - - - - - 11
General taxes - - - - - - -
------ ------ ------ ------ ------ ------ ------
Total operating expenses 25 - - - - - 399
------ ------ ------ ------ ------ ------ ------
Pretax Operating Income (Loss) 16 6 2 29 27 - (223)
------ ------ ------ ------ ------ ------ ------
Other Income (Deductions)
Interest from affiliates - - - - - - -
Other, net - - - - - 275 1
------ ------ ------ ------ ------ ------ ------
Total other income
(deductions) - - - - - 275 1
------ ------ ------ ------ ------ ------ ------
Fixed Charges
Interest on long-term debt - - - - - - 19
Other interest - - - - - - 3
Capitalized Interest - - - - - - -
------ ------ ------ ------ ------ ------ ------
Net fixed charges - - - - - - 22
------ ------ ------ ------ ------ ------ ------
Income (Loss) Before Income Taxes
and Minority Interests 16 6 2 29 27 275 (24)
Income Taxes 5 - - - - - 30
Minority Interests 1 - - - - - 1
------ ------ ------ ------ ------ ------ ------
Net Income (Loss) $ 10 $ 6 $ 2 $ 29 $ 27 $ 275 $ (275)
====== ====== ====== ====== ====== ====== ======
(8) Represents CMSG Investment Company I, CMSG Investment Company II, CMSG
Investment Company IV and CMSG Pinamucan LDC consolidated.
A-15
81
CMS GAS TRANSMISSION COMPANY
Consolidating Statement of Income
For the Year Ended December 31, 2000
(In Millions)
CMS CMS CMS Panhandle CMS
CMS Gas CMS Marysville Gas Jackson Eastern Grand Lacs
Transmission Antrim Gas Liquids Argentina Pipeline Pipe Line Holding
Company (9) Company Company Company Company Co. Consol. Company
Operating Revenue
Natural gas transmission $ 9 $ 12 $ 17 $ 12 $ 2 $ 483 $ 5
Other - - - - - - -
------ ------ ------ ------ ------ ------ ------
Total operating revenue 9 12 17 12 2 483 5
------ ------ ------ ------ ------ ------ ------
Operating Expenses
Cost of gas sold - - - - - - -
Other operation expense 9 2 10 - - 113 -
Maintenance 1 - 1 - - 98 -
Depreciation, depletion
and amortization 1 3 1 1 - 65 2
General taxes 1 1 1 - - 23 1
------ ------ ------ ------ ------ ------ ------
Total operating expenses 12 6 13 1 - 299 3
------ ------ ------ ------ ------ ------ ------
Pretax Operating Income (Loss) (3) 6 4 11 2 184 2
------ ------ ------ ------ ------ ------ ------
Other Income (Deductions)
Interest from affiliates 2 - - - - 8 -
Other, net 96 - - - - - 1
------ ------ ------ ------ ------ ------ ------
Total other income
(deductions) 98 - - - - 8 1
------ ------ ------ ------ ------ ------ ------
Fixed Charges
Interest on long-term debt - 2 - - 1 82 -
Other interest 2 - - - - 3 -
Capitalized interest (4) - - - - - -
------ ------ ------ ------ ------ ------ ------
Net fixed charges (2) 2 - - 1 85 -
------ ------ ------ ------ ------ ------ ------
Income (Loss) Before Income Taxes 97 4 4 11 1 107 3
Income Taxes 3 1 2 - - 43 1
------ ------ ------ ------ ------ ------ ------
Net Income (Loss) $ 94 $ 3 $ 2 $ 11 $ 1 $ 64 $ 2
====== ====== ====== ====== ====== ====== ======
(Continued on Following Page)
A-16
82
CMS GAS TRANSMISSION COMPANY
Consolidating Statement of Income
For the Year Ended December 31, 2000
(In Millions)
(Continued from Previous Page)
CMS Golds- Western CMS Gas CMS Grand Inter- CMS Gas
field GT Australia Trans. of Field Lacs Company Transmission
Aust. Pty. Gas Tran Australia Services, Limited Elimina- Company
Ltd. Co. I Hold Co. Inc. Consol. Part. tions Consol.
Operating Revenue
Natural gas transmission $ 4 $ 3 $ 9 $ 524 $ 2 $ - $1,082
Other - - - - - - -
------ ------ ------ ------ ------ ------ ------
Total operating revenue 4 3 9 524 2 - 1,082
------ ------ ------ ------ ------ ------ ------
Operating Expenses
Cost of gas sold - - 3 475 - - 478
Other operation expense - - 3 17 1 - 155
Maintenance - - - 5 - - 105
Depreciation, depletion
and amortization - - 2 15 - - 90
General taxes - - - 1 - - 28
------ ------ ------ ------ ------ ------ ------
Total operating expenses - - 8 513 1 - 856
------ ------ ------ ------ ------ ------ ------
Pretax Operating Income (Loss) 4 3 1 11 1 - 226
------ ------ ------ ------ ------ ------ ------
Other Income (Deductions)
Interest from affiliates - - - 1 - - 11
Other, net - - 1 2 - (95) 5
------ ------ ------ ------ ------ ------ ------
Total other income
(deductions) - - 1 3 - (95) 16
------ ------ ------ ------ ------ ------ ------
Fixed Charges
Interest on long-term debt - - - - - - 85
Other interest - 1 - 5 - - 11
Capitalized interest - - - - - - (4)
------ ------ ------ ------ ------ ------ ------
Net fixed charges - 1 - 5 - - 92
------ ------ ------ ------ ------ ------ ------
Income (Loss) Before Income Taxes 4 2 2 9 1 (95) 150
Income Taxes - 2 - 4 - - 56
------ ------ ------ ------ ------ ------ ------
Net Income (Loss) $ 4 $ - $ 2 $ 5 $ 1 $ (95) $ 94
====== ====== ====== ====== ====== ====== ======
(9) Represents CMS Gas Transmission Company, CMS Saginaw Bay Company, CMS
Saginaw Bay Lateral Company, CMS Gas Transmission del Sur Company and
Tristate Pipeline LLC consolidated with CMS Field Services, Inc. and
Panhandle Eastern Pipe Line Company included on the equity method of
accounting.
A-17
83
PANHANDLE EASTERN PIPE LINE COMPANY
Consolidating Statement of Income
For the Year Ended December 31, 2000
(In Millions)
Panhandle Inter- Panhandle
Eastern Pipe Trunkline Trunkline Pan Gas Company Eastern Pipe
Line Gas LNG Storage Elimina- Line Co.
Company (10) Company Company Company tions Consol.
Operating Revenue
Natural gas transmission $ 332 $ 164 $ 40 $ 43 $ (96) $ 483
Other - - - - - -
------ ------ ------ ------ ------ ------
Total operating revenue 332 164 40 43 (96) 483
------ ------ ------ ------ ------ ------
Operating Expenses
Cost of gas sold - - - - - -
Other operation expense 104 39 10 3 (43) 113
Maintenance 49 42 5 2 - 98
Depreciation, depletion
and amortization 36 21 - 8 - 65
General taxes 13 7 1 2 - 23
------ ------ ------ ------ ------ ------
Total operating expenses 202 109 16 15 (43) 299
------ ------ ------ ------ ------ ------
Pretax Operating Income (Loss) 130 55 24 28 (53) 184
------ ------ ------ ------ ------ ------
Other Income (Deductions)
Interest from affiliates 25 - - - (17) 8
Other, net - - - - - -
------ ------ ------ ------ ------ ------
Total other income
(deductions) 25 - - - (17) 8
------ ------ ------ ------ ------ ------
Fixed Charges
Interest on long-term debt 82 - - - - 82
Other interest 1 19 - - (17) 3
Capitalized interest - - - - - -
------ ------ ------ ------ ------ ------
Net fixed charges 83 19 - - (17) 85
------ ------ ------ ------ ------ ------
Income (Loss) Before Income Taxes 72 36 24 28 (53) 107
Income Taxes 8 14 10 11 - 43
------ ------ ------ ------ ------ ------
Net Income (Loss) $ 64 $ 22 $ 14 $ 17 $ (53) $ 64
====== ====== ====== ====== ====== ======
(10) Represents Panhandle Eastern Pipe Line Company, Sea Robin Pipeline Company,
CMS Panhandle Eastern Resources, Inc., CMS Panhandle Storage Company,
Trunkline Field Services Company and CMS Trunkline Pipeline Holdings, Inc.
consolidated.
A-18
84
CMS FIELD SERVICES, INC.
Consolidating Statement of Income
For the Year Ended December 31, 2000
(In Millions)
CMS CMS/Taurus CMS CMS Cherokee
Field Holdings CMS Gas Laverne Nat. Gas Gas Bradshaw
Services, Company, Processing, Gas Proc., Gathering Processing Energy
Inc. (11) Inc. LLC LLC LLC LLC LLC
Operating Revenue
Natural gas transmission $ 295 $ 32 $ 116 $ 5 $ 7 $ 41 $ 3
Other - - - - - - -
------ ------ ------ ------ ------ ------ ------
Total operating revenue 295 32 116 5 7 41 3
------ ------ ------ ------ ------ ------ ------
Operating Expenses
Cost of gas sold 288 20 111 4 - 30 -
Other operation expense 6 3 2 - 2 2 1
Maintenance 1 1 1 - 2 - -
Depreciation, depletion
and amortization 1 2 3 - 4 3 1
General taxes - 1 - - - - -
------ ------ ------ ------ ------ ------ ------
Total operating expenses 296 27 117 4 8 35 2
------ ------ ------ ------ ------ ------ ------
Pretax Operating Income (Loss) (1) 5 (1) 1 (1) 6 1
------ ------ ------ ------ ------ ------ ------
Other Income (Deductions)
Interest from affiliates 1 - - - - - -
Other, net 2 - - - - - -
------ ------ ------ ------ ------ ------ ------
Total other income
(deductions) 3 - - - - - -
------ ------ ------ ------ ------ ------ ------
Fixed Charges
Interest on long-term debt - - - - - - -
Other interest 5 - - - - - -
Capitalized interest - - - - - - -
------ ------ ------ ------ ------ ------ ------
Net fixed charges 5 - - - - - -
------ ------ ------ ------ ------ ------ ------
Income (Loss) Before Income Taxes (3) 5 (1) 1 (1) 6 1
Income Taxes 4 - - - - - -
------ ------ ------ ------ ------ ------ ------
Net Income (Loss) $ (7) $ 5 $ (1) $ 1 $ (1) $ 6 $ 1
====== ====== ====== ====== ====== ====== ======
(Continued on Following Page)
A-19
85
CMS FIELD SERVICES, INC.
Consolidating Statement of Income
For the Year Ended December 31, 2000
(In Millions)
(Continued from Previous Page)
Heritage Roaring Inter- CMS
Gas Creek Company Field
Gathering Gas Svcs. Elimina- Services,
LLC LLC tions Inc. Consol.
Operating Revenue
Natural gas transmission $ 20 $ 5 $ - $ 524
Other - - - -
------ ------ ------ ------
Total operating revenue 20 5 - 524
------ ------ ------ ------
Operating Expenses
Cost of gas sold 17 5 - 475
Other operation expense 1 - - 17
Maintenance - - - 5
Depreciation, depletion
and amortization 1 - - 15
General taxes - - - 1
------ ------ ------ ------
Total operating expenses 19 5 - 513
------ ------ ------ ------
Pretax Operating Income (Loss) 1 - - 11
------ ------ ------ ------
Other Income (Deductions)
Interest from affiliates - - - 1
Other, net - - - 2
------ ------ ------ ------
Total other income
(deductions) - - - 3
------ ------ ------ ------
Fixed Charges
Interest on long-term debt - - - -
Other interest - - - 5
Capitalized interest - - - -
------ ------ ------ ------
Net fixed charges - - - 5
------ ------ ------ ------
Income (Loss) Before Income Taxes 1 - - 9
Income Taxes - - - 4
------ ------ ------ ------
Net Income (Loss) $ 1 $ - $ - $ 5
====== ====== ====== ======
(11) Represents CMS Field Services, Inc., CMS Spearman Gas Processing LLC, CMS
Oklahoma Natural Gas Gathering LLC and CMS Hydrocarbons LLC consolidated.
A-20
86
CMS OPERATING S.A.
Consolidating Statement of Income
For the Year Ended December 31, 2000
(In Millions)
Centrales Inter- CMS
CMS Termicas CMS company Operating
Operating Mendoza Ensenada Elimina- S.A.
S.A. (12) S.A. S.A. tions Consol.
Operating Revenue
Independent power production $ 2 $ 91 $ 45 $ - $ 138
Other - - - - -
------ ------ ------ ------ ------
Total operating revenue 2 91 45 - 138
------ ------ ------ ------ ------
Operating Expenses
Fuel for electric generation - 38 24 - 62
Purchased and interchange
power - 23 3 - 26
Other operation expense 1 8 4 - 13
Maintenance - 5 2 - 7
Depreciation, depletion
and amortization 2 11 4 - 17
General taxes - - - - -
------ ------ ------ ------ ------
Total operating expenses 3 85 37 - 125
------ ------ ------ ------ ------
Pretax Operating Income (1) 6 8 - 13
------ ------ ------ ------ ------
Other Income (Deductions) 11 3 - (12) 2
------ ------ ------ ------ ------
Fixed Charges
Interest on long-term debt - - 6 - 6
Other interest - - - - -
Capitalized Interest - - - - -
------ ------ ------ ------ ------
Net fixed charges - - 6 - 6
------ ------ ------ ------ ------
Income (Loss) Before Income Taxes
and Minority Interests 10 9 2 (12) 9
Income Taxes 5 (4) 1 - 2
Minority Interests - 1 - - 1
------ ------ ------ ------ ------
Net Income (Loss) $ 5 $ 12 $ 1 $ (12) $ 6
====== ====== ====== ====== ======
(12) Represents CMS Operating S.A. and Cuyana S.A. de Inversiones consolidated.
A-21
87
CMS ENERGY CORPORATION
Consolidating Balance Sheet - Assets
December 31, 2000
(In Millions)
Consumers CMS Inter-
Energy Enterprises company CMS Energy
CMS Energy Company Company Elimina- Corporation
Corp. (1) Consol. Consol. tions Consol.
Plant and Property (At Cost)
Electric $ - $7,241 $ - $ - $ 7,241
Gas - 2,503 - - 2,503
Natural gas transmission - - 2,191 - 2,191
Oil and gas properties - - 630 - 630
Independent power production - - 398 - 398
International energy dist. - - 258 - 258
Other 26 23 56 - 105
------ ------ ------ ------- -------
26 9,767 3,533 - 13,326
Less accumulated depreciation,
depletion and amortization 9 5,768 475 - 6,252
------ ------ ------ ------- -------
17 3,999 3,058 - 7,074
Construction work-in-progress 6 279 476 - 761
------ ------ ------ ------- -------
23 4,278 3,534 - 7,835
------ ------ ------ ------- -------
Investments
Associated companies 7,128 86 63 (7,277) -
Independent power production - - 924 - 924
Natural gas transmission - - 436 - 436
International energy dist. - - 63 - 63
First Midland Limited
Partnership - 245 - - 245
Midland Cogeneration
Venture - 290 - - 290
Other (1) - 59 - 58
------ ------ ------ ------- -------
7,127 621 1,545 (7,277) 2,016
------ ------ ------ ------- -------
Current Assets
Cash and temporary cash
investments 8 21 153 - 182
Accounts/notes receivable 113 70 1,312 (321) 1,174
Accrued revenues - 266 - - 266
Inventories to average cost
Gas in underground storage - 271 26 - 297
Materials and supplies - 66 58 - 124
Generating plant fuel
stock - 46 - - 46
Deferred income taxes 9 2 28 - 39
Prepayments and other 7 168 146 - 321
------ ------ ------ ------- -------
137 910 1,723 (321) 2,449
------ ------ ------ ------- -------
Non-current Assets
Goodwill, net - - 891 - 891
Securitization costs - 709 - - 709
Nuclear decommissioning
trust funds - 611 - - 611
Notes receivable-related
parties - - 155 - 155
Postretirement benefits 3 232 5 - 240
Abandoned Midland project - 22 - - 22
Other 1,172 390 740 (1,379) 923
------ ------ ------ ------- -------
1,175 1,964 1,791 (1,379) 3,551
------ ------ ------ ------- -------
Total Assets $8,462 $7,773 $8,593 $(8,977) $15,851
====== ====== ====== ======= =======
(1) Represents CMS Energy Corporation with Consumers Energy Company and CMS
Enterprises Company included on the equity method of accounting.
A-22
88
CMS ENERGY CORPORATION
Consolidating Balance Sheet - Equity and Liabilities
December 31, 2000
(In Millions)
Consumers CMS Inter-
Energy Enterprises company CMS Energy
CMS Energy Company Company Elimina- Corporation
Corp. (1) Consol. Consol. tions Consol.
Capitalization
Common Stockholders' Equity
Common stock $ 1 $ 841 $ - $ (841) $ 1
Other paid-in-capital 3,150 646 5,595 (6,455) 2,936
Currency translation (254) - (240) 240 (254)
Revaluation capital (2) 33 16 (49) (2)
Retained earnings (320) 506 (485) (21) (320)
------ ------ ------ ------- -------
2,575 2,026 4,886 (7,126) 2,361
Preferred stock 125 44 - (125) 44
Company-obligated mandatorily
redeemable preferred
securities of:
Consumers Power Company
Financing I - 100 - - 100
Consumers Energy Company
Financing II - 120 - - 120
Consumers Energy Company
Financing III - 175 - - 175
Company-obligated convertible
Trust Preferred Securities of
CMS Energy Trust I 173 - - - 173
CMS Energy Trust II 301 - - - 301
CMS Energy Trust III 220 - - - 220
Long-term debt 4,342 2,110 1,640 (1,322) 6,770
Non-current capital leases - 49 5 - 54
------ ------ ------ ------- -------
7,736 4,624 6,531 (8,573) 10,318
------ ------ ------ ------- -------
Minority Interests - - 88 - 88
------ ------ ------ ------- -------
Current Liabilities
Current portion of long-term
debt 458 175 16 - 649
Current capital leases - 56 2 - 58
Notes payable 34 403 41 (75) 403
Accounts payable 6 254 793 (29) 1,024
Accounts payable - related
parties 1 67 128 (126) 70
Accrued interest 99 41 41 (22) 159
Accrued taxes 80 247 26 (44) 309
Other 19 212 301 (2) 530
------ ------ ------ ------- -------
697 1,455 1,348 (298) 3,202
------ ------ ------ ------- -------
Non-current Liabilities
Deferred income taxes - 716 117 (84) 749
Postretirement benefits 21 366 50 - 437
Deferred investment tax credit - 109 1 - 110
Regulatory liabilities for
income taxes, net - 246 - - 246
Other 8 257 458 (22) 701
------ ------ ------ ------- -------
29 1,694 626 (106) 2,243
------ ------ ------ ------- -------
Total Stockholders' Equity
and Liabilities $8,462 $7,773 $8,593 $(8,977) $15,851
====== ====== ====== ======= =======
(1) Represents CMS Energy Corporation and Consumers Energy Company and CMS
Enterprises Company included on the equity method of accounting.
A-23
89
CONSUMERS ENERGY COMPANY
Consolidating Balance Sheet - Assets
December 31, 2000
(In Millions)
Michigan CMS Inter- Consumers
Consumers Gas ES Midland CMS company Energy
Energy Storage Services Holdings Midland Elimina- Company
Company (2) Company Company Company Inc. tions Consol.
Plant and Property (At Cost)
Electric $7,241 $ - $ - $ - $ - $ - $7,241
Gas 2,385 118 - - - - 2,503
Other 23 - - - - - 23
------ ------ ------ ------ ------ ------ ------
9,649 118 - - - - 9,767
Less accumulated depreciation,
depletion and amortization 5,711 57 - - - - 5,768
------ ------ ------ ------ ------ ------ ------
3,938 61 - - - - 3,999
Construction work-in-progress 277 2 - - - - 279
------ ------ ------ ------ ------ ------ ------
4,215 63 - - - - 4,278
------ ------ ------ ------ ------ ------ ------
Investments
Associated companies 516 - - - - (430) 86
First Midland Limited
Partnership - - - 245 - - 245
Midland Cogeneration
Venture - - - - 290 - 290
Other - - - - - - -
------ ------ ------ ------ ------ ------ ------
516 - - 245 290 (430) 621
------ ------ ------ ------ ------ ------ ------
Current Assets
Cash and temporary cash
investments 20 - 1 - - - 21
Accounts/notes receivable 75 3 - - 10 (18) 70
Accrued revenues 266 - - - - - 266
Inventories to average cost
Gas in underground storage 271 - - - - - 271
Materials and supplies 66 - - - - - 66
Generating plant fuel
stock 46 - - - - - 46
Deferred income taxes (16) - - 18 - - 2
Prepayments and other 168 - - - - - 168
------ ------ ------ ------ ------ ------ ------
896 3 1 18 10 (18) 910
------ ------ ------ ------ ------ ------- ------
Non-current Assets
Securitization costs 709 - - - - - 709
Nuclear decommissioning
trust funds 611 - - - - - 611
Postretirement benefits 228 4 - - - - 232
Abandoned Midland project 22 - - - - - 22
Other 796 1 - - - (407) 390
------ ------ ------ ------ ------ ------ ------
2,366 5 - - - (407) 1,964
------ ------ ------ ------ ------ ------ ------
Total Assets $7,993 $ 71 $ 1 $ 263 $ 300 $ (855) $7,773
====== ====== ====== ====== ====== ====== ======
(2) Represents Consumers Energy Company, CMS Engineering Company, Consumers
EnergyGuard Services, Inc. and MEC Development Corporation consolidated
with Michigan Gas Storage Company, CMS Midland Holdings Company, CMS
Midland, Inc. and Huron Hydrocarbons, Inc. included on the equity method of
accounting.
A-24
90
CONSUMERS ENERGY COMPANY
Consolidating Balance Sheet - Equity and Liabilities
December 31, 2000
(In Millions)
Michigan CMS Inter- Consumers
Consumers Gas ES Midland CMS company Energy
Energy Storage Services Holdings Midland Elimina- Company
Company (2) Company Company Company Inc. tions Consol.
Capitalization
Common Stockholders' Equity
Common stock $ 841 $ 15 $ - $ - $ - $ (15) $ 841
Other paid-in-capital 658 - 1 43 167 (223) 646
Revaluation capital 33 - - - - - 33
Retained earnings 506 36 - 32 124 (192) 506
------ ------ ------ ------ ------ ------ ------
2,038 51 1 75 291 (430) 2,026
Preferred stock 44 - - - - - 44
Company-obligated mandatorily
redeemable preferred
securities of:
Consumers Power Company
Financing I 100 - - - - - 100
Consumers Energy Company
Financing II 120 - - - - - 120
Consumers Energy Company
Financing III 175 - - - - - 175
Long-term debt 2,517 - - - - (407) 2,110
Non-current capital leases 49 - - - - - 49
------ ------ ------ ------ ------ ------ ------
5,043 51 1 75 291 (837) 4,624
------ ------ ------ ------ ------ ------ ------
Current Liabilities
Current portion of long-term
debt 175 - - - - - 175
Current capital leases 56 - - - - - 56
Notes payable 413 5 - - - (15) 403
Accounts payable 250 4 - - - - 254
Accounts payable - related
parties 69 1 - - - (3) 67
Accrued interest 41 - - - - - 41
Accrued taxes 236 - - 12 (1) - 247
Other 212 - - - - - 212
------ ------ ------ ------ ------ ------ ------
1,452 10 - 12 (1) (18) 1,455
------ ------ ------ ------ ------ ------ ------
Non-current Liabilities
Deferred income taxes 542 6 - 159 9 - 716
Postretirement benefits 362 4 - - - - 366
Deferred investment tax credit 91 - - 17 1 - 109
Regulatory liabilities for
income taxes, net 246 - - - - - 246
Other 257 - - - - - 257
------ ------ ------ ------ ------ ------ ------
1,498 10 - 176 10 - 1,694
------ ------ ------ ------ ------ ------ ------
Total Stockholders' Equity
and Liabilities $7,993 $ 71 $ 1 $ 263 $ 300 $ (855) $7,773
====== ====== ====== ====== ====== ====== ======
(2) Represents Consumers Energy Company, CMS Engineering Company, Consumers
EnergyGuard Services, Inc. and MEC Development Corporation consolidated
with Michigan Gas Storage Company, CMS Midland Holdings Company, CMS
Midland, Inc. and Huron Hydrocarbons, Inc. included on the equity method of
accounting.
A-25
91
CMS ENTERPRISES COMPANY
Consolidating Balance Sheet - Assets
December 31, 2000
(In Millions)
CMS CMS CMS CMS Gas
CMS Oil and Generation Resource CMS CMS Trans.
Enterprises Gas Co. Co. Dev. Land MS & T Company
Company (3) Consol. Consol. Co. Company Company Consol.
Plant and Property (At Cost)
Oil and gas properties $ - $ 630 $ - $ - $ - $ - $ -
Natural gas transmission - - - - - - 2,192
Independent power production - - 83 - - - -
International energy dist. - - - - - - -
Other 4 - - 4 15 17 -
------ ------ ------ ------ ------ ------ ------
4 630 83 4 15 17 2,192
Less accumulated depreciation,
depletion and amortization 3 164 6 - - 5 206
------ ------ ------ ------ ------ ------ ------
1 466 77 4 15 12 1,986
Construction work-in-progress - - 385 - - - 78
------ ------ ------ ------ ------ ------ ------
1 466 462 4 15 12 2,064
------ ------ ------ ------ ------ ------ ------
Investments
Associated companies 4,938 - - - - - -
Independent power production - - 924 - - - -
Natural gas transmission - - - - - - 491
International energy dist. - - - - - - -
Other 18 - - - 10 31 -
------ ------ ------ ------ ------ ------ ------
4,956 - 924 - 10 31 491
------ ------ ------ ------ ------ ------ ------
Current Assets
Cash and temporary cash
investments 2 47 17 1 - (6) 2
Accounts/notes receivable 68 131 183 6 - 592 596
Gas in underground storage - - - - - 23 3
Materials and supplies - 13 1 - - - 29
Generating plant fuel stock - - - - - - -
Deferred income taxes 1 13 4 - - - 10
Prepayments and other 1 3 8 2 - 26 94
------ ------ ------ ------ ------ ------ ------
72 207 213 9 - 635 734
------ ------ ------ ------ ------ ------ ------
Non-current Assets
Goodwill, net - - 13 - - 15 813
Postretirement benefits - - - - - - -
Notes receivable-related parties - - - - - - -
Other 18 9 253 1 - 332 83
------ ------ ------ ------ ------ ------ ------
18 9 266 1 - 347 896
------ ------ ------ ------ ------ ------ -----
Total Assets $5,047 $ 682 $1,865 $ 14 $ 25 $1,025 $4,185
====== ====== ====== ====== ====== ====== ======
(Continued on Following Page)
A-26
92
CMS ENTERPRISES COMPANY
Consolidating Balance Sheet - Assets
December 31, 2000
(In Millions)
(Continued from Previous Page)
CMS CMS CMS Inter- CMS
Electric CMS Operating Dist. company Enterprises
& Gas Capital S.A. Co. Power Elimina- Company
Company Corp. Consol. LLC tions Consol.
Plant and Property (At Cost)
Oil and gas properties $ - $ - $ - $ - $ - $ 630
Natural gas transmission - - - - (1) 2,191
Independent power production - - 315 - - 398
International energy dist. 258 - - - - 258
Other - 1 - 15 - 56
------ ------ ------ ------ ------- ------
258 1 315 15 (1) 3,533
Less accumulated depreciation,
depletion and amortization 39 - 52 - - 475
------ ------ ------ ------ ------- ------
219 1 263 15 (1) 3,058
Construction work-in-progress 12 - 1 - - 476
------ ------ ------ ------ ------- ------
231 1 264 15 (1) 3,534
------ ------ ------ ------ ------- ------
Investments
Associated companies - - - - (4,875) 63
Independent power production - - - - - 924
Natural gas transmission - - 9 - (64) 436
International energy dist. 82 - - - (19) 63
Other - - - - - 59
------ ------ ------ ------ ------- ------
82 - 9 - (4,958) 1,545
------ ------ ------- ------ ------- ------
Current Assets
Cash and temporary cash
investments 45 11 34 - - 153
Accounts/notes receivable 98 380 71 3 (816) 1,312
Gas in underground storage - - - - - 26
Materials and supplies 6 - 9 - - 58
Generating plant fuel stock - - - - - -
Deferred income taxes - - - - - 28
Prepayments and other 11 1 - - - 146
------ ------ ------- ------ ------- ------
160 392 114 3 (816) 1,723
------ ------ ------- ------ ------- ------
Non-current Assets
Goodwill, net 50 - - - - 891
Postretirement benefits - - 5 - - 5
Notes receivable-related parties - 155 - - - 155
Other 10 70 26 - (62) 740
------ ------ ------- ------ ------- ------
60 225 31 - (62) 1,791
------ ------ ------- ------ ------- ------
Total Assets $ 533 $ 618 $ 418 $ 18 $(5,837) $8,593
====== ====== ======= ====== ======= ======
(3) Represents CMS Enterprises Company, CMS Capital Financial Services, Inc.,
Monarch Management Company, CMS Comercializadora de Energia S.A., CMS
Energy Asia Private Limited, CMS Energy South America Company and CMS
Energy UK Limited consolidated with CMS Oil and Gas Company, CMS Generation
Company, CMS Land Company, CMS Distributed Power LLC, CMS Capital
Corporation, CMS Marketing, Services and Trading Company, CMS Gas
Transmission Company, CMS Operating S.A. Company, CMS Resource Development
Company and CMS Electric and Gas Company included on the equity method of
accounting.
A-27
93
CMS ENTERPRISES COMPANY
Consolidating Balance Sheet - Equity and Liabilities
December 31, 2000
(In Millions)
CMS CMS CMS CMS Gas
CMS Oil and Generation Resource CMS CMS Trans.
Enterprises Gas Co. Co. Dev. Land MS & T Company
Company (3) Consol. Consol. Co. Company Company Consol.
Capitalization
Common Stockholders' Equity
Common stock $ 1 $ 173 $ - $ - $ - $ - $ -
Other paid-in-capital 5,601 93 1,932 4 21 204 2,039
Currency translation (242) - (185) - - - (24)
Revaluation capital 16 1 (7) - - - -
Retained earnings (485) 139 (295) 3 (1) 13 (41)
------ ------ ------ ------ ------ ------ ------
4,891 406 1,445 7 20 217 1,974
Long-term debt - 144 13 - - - 1,272
Non-current capital leases - 3 - - - - 2
------ ------ ------ ------ ------ ------ ------
4,891 553 1,458 7 20 217 3,248
------ ------ ------ ------ ------ ------ ------
Minority Interests - - 12 - - - 92
------ ------ ------ ------ ------ ------ ------
Current Liabilities
Current portion of long-term
debt - - - - - - 6
Current capital leases - - - - - - 2
Notes payable 29 1 321 1 3 (81) 83
Accounts payable 7 94 56 1 - 410 236
Accounts payable - related
parties 98 9 11 1 - 67 27
Accrued interest - 3 1 - - - 33
Accrued taxes - 11 6 2 (1) 7 (6)
Other 6 26 30 - - 32 194
------ ------ ------ ------ ------ ------ ------
140 144 425 5 2 435 575
------ ------ ------ ------ ------ ------ ------
Non-current Liabilities
Postretirement benefits 6 7 5 2 - 4 18
Deferred income taxes 8 (26) (46) - 3 3 177
Deferred investment tax credit - - 1 - - - -
Other 2 4 10 - - 366 75
------ ------ ------ ------ ------ ------ ------
16 (15) (30) 2 3 373 270
------ ------ ------ ------ ------ ------ ------
Total Stockholders' Equity
and Liabilities $5,047 $ 682 $1,865 $ 14 $ 25 $1,025 $4,185
====== ====== ====== ====== ====== ====== ======
(Continued on Following Page)
A-28
94
CMS ENTERPRISES COMPANY
Consolidating Balance Sheet - Equity and Liabilities
December 31, 2000
(In Millions)
(Continued from Previous Page)
CMS CMS CMS Inter- CMS
Electric Operating CMS Dist. company Enterprises
& Gas S.A. Co. Capital Power Elimina- Company
Company Consol. Corp. LLC tions Consol.
Capitalization
Common Stockholders' Equity
Common stock $ - $ 36 $ - $ - $ (210) $ -
Other paid-in-capital 494 271 24 - (5,088) 5,595
Currency translation (28) - - - 239 (240)
Revaluation capital - - - - 6 16
Retained earnings (32) 12 15 1 186 (485)
------ ------ ------ ------ ------- ------
434 319 39 1 (4,867) 4,886
Long-term debt 4 52 217 - (62) 1,640
Non-current capital leases - - - - - 5
------ ------ ------ ------ ------- ------
438 371 256 1 (4,929) 6,531
------ ------ ------ ------ ------- ------
Minority Interests 58 11 - - (85) 88
------ ------ ------ ------ ------- ------
Current Liabilities
Current portion of long-term
debt 3 7 - - - 16
Current capital leases - - - - - 2
Notes payable 5 - 357 - (678) 41
Accounts payable 16 14 - 1 (42) 793
Accounts payable - related
parties 1 - - 15 (101) 128
Accrued interest - 1 5 - (2) 41
Accrued taxes (3) 9 - 1 - 26
Other 14 (1) - - - 301
------ ------ ------ ------ ------- ------
36 30 362 17 (823) 1,348
------ ------ ------ ------ ------- ------
Non-current Liabilities
Postretirement benefits 8 - - - - 50
Deferred income taxes (8) 6 - - - 117
Deferred investment tax credit - - - - - 1
Other 1 - - - - 458
------ ------ ------ ------ ------- ------
1 6 - - - 626
------ ------ ------ ------ ------- ------
Total Stockholders' Equity
and Liabilities $ 533 $ 418 $ 618 $ 18 $(5,837) $8,593
====== ====== ====== ====== ======= ======
(3) Represents CMS Enterprises Company, CMS Capital Financial Services, Inc.,
Monarch Management Company, CMS Comercializadora de Energia S.A., CMS
Energy Asia Private Limited, CMS Energy South America Company and CMS
Energy UK Limited consolidated with CMS Oil and Gas Company, CMS Generation
Company, CMS Land Company, CMS Distributed Power LLC, CMS Capital
Corporation, CMS Marketing, Services and Trading Company, CMS Gas
Transmission Company, CMS Operating S.A. Company, CMS Resource Development
Company and CMS Electric and Gas Company included on the equity method of
accounting.
A-29
95
CMS OIL AND GAS COMPANY
Consolidating Balance Sheet - Assets
December 31, 2000
(In Millions)
CMS Explota- CMS CMS CMS CMS
CMS O&G ciones CMS Oil & Gas Oil & Gas Oil & Gas Oil & Gas
Oil and Gas Alba Oil & Gas Int'l. Congo Venezuela Interna.
Company (4) LDC Co. Ltd. Ltd. LDC Co. Consol.
Plant and Property (Suc Efforts)
Oil and gas properties $ 207 $ 11 $ 42 $ - $ 12 $ 69 $ 126
Other - - - - - - -
------ ------ ------ ------ ------ ------ ------
207 11 42 - 12 69 126
Less accumulated depreciation,
depletion and amortization 76 2 23 - 2 26 27
------ ------ ------ ------ ------ ------ ------
131 9 19 - 10 43 99
Construction work-in-progress - - - - - - -
------ ------ ------ ------ ------ ------ ------
131 9 19 - 10 43 99
------ ------ ------ ------ ------ ------ ------
Investments
Associated companies 414 - - - - - -
Other - - - - - - -
------ ------ ------ ------ ------ ------ ------
414 - - - - - -
------ ------ ------ ------ ------ ------ ------
Current Assets
Cash and temporary cash
investments 1 1 1 19 3 - 7
Accounts/notes receivable 24 1 1 38 1 8 49
Materials and supplies - - 3 - 1 1 10
Deferred income taxes 13 - - - - - -
Prepayments and other - - - - - - -
------ ------ ------ ------ ------ ------ ------
38 2 5 57 5 9 66
------ ------ ------ ------ ------ ------ ------
Non-current Assets
Postretirement benefits - - - - - - -
Other 4 4 - - (3) - -
------ ------ ------ ------ ------ ------ ------
4 4 - - (3) - -
------ ------ ------ ------ ------ ------ ------
Total Assets $ 587 $ 15 $ 24 $ 57 $ 12 $ 52 $ 165
====== ====== ====== ====== ====== ====== ======
(Continued on Following Page)
A-30
96
CMS OIL AND GAS COMPANY
Consolidating Balance Sheet - Assets
December 31, 2000
(In Millions)
(Continued from Previous Page)
CMS CMS Inter- CMS
Oil & Gas Oil & Gas company Oil & Gas
E.G. E.G. Elimina- Company
LDC Ltd. tions Consol.
Plant and Property (Suc Efforts)
Oil and gas properties $ 7 $ 156 $ - $ 630
Other - - - -
------ ------ ------ ------
7 156 - 630
Less accumulated depreciation,
depletion and amortization 1 7 - 164
------ ------ ------ ------
6 149 - 466
Construction work-in-progress - - - -
------ ------ ------ ------
6 149 - 466
------ ------ ------ ------
Investments
Associated companies - - (414) -
Other - - - -
------ ------ ------ ------
- - (414) -
------ ------ ------ ------
Current Assets
Cash and temporary cash
investments - 15 - 47
Accounts/notes receivable 1 18 (10) 131
Materials and supplies - 5 (7) 13
Deferred income taxes - - - 13
Prepayments and other - 3 - 3
------ ------ ------ ------
1 41 (17) 207
------ ------ ------ ------
Non-current Assets
Postretirement benefits - - - -
Other 2 2 - 9
------ ------ ------ ------
2 2 - 9
------ ------ ------ ------
Total Assets $ 9 $ 192 $ (431) $ 682
====== ====== ====== ======
(4) Represents CMS Oil and Gas Company consolidated with CMS Oil and Gas
International Company included on the equity method of accounting.
A-31
97
CMS OIL AND GAS COMPANY
Consolidating Balance Sheet - Equity and Liabilities
December 31, 2000
(In Millions)
CMS Explota- CMS CMS CMS CMS
CMS O&G ciones CMS Oil & Gas Oil & Gas Oil & Gas Oil & Gas
Oil and Gas Alba Oil and Gas Int'l. Congo Venezuela Interna.
Company (4) LDC Co. Ltd. Ltd. LDC Co. Consol.
Capitalization
Common Stockholders' Equity
Common stock $ 173 $ - $ - $ 1 $ - $ - $ -
Other paid-in-capital 93 9 56 76 8 29 94
Revaluation capital 1 - - - - - -
Retained earnings 143 5 (27) 11 5 12 32
------ ------ ------ ------ ------ ------ ------
410 14 29 88 13 41 126
Long-term debt 144 - - - - - -
Non-current capital leases - - - - - - -
------ ------ ------ ------ ------ ------ ------
554 14 29 88 13 41 126
------ ------ ------ ------ ------ ------ ------
Current Liabilities
Current portion of long-term
debt - - - - - - -
Notes payable - - 1 2 - - -
Accounts payable 34 - - 11 - 3 19
Accounts payable - related
parties 14 - - (44) (1) - (5)
Accrued interest 3 - - - - - -
Accrued taxes 3 - 1 - - 9 (2)
Other 1 - - - - - 21
------ ------ ------ ------ ------ ------ ------
55 - 2 (31) (1) 12 33
------ ------ ------ ------ ------ ------ ------
Non-current Liabilities
Postretirement benefits 7 - - - - - -
Deferred income taxes (29) - (7) - - (1) 3
Deferred investment tax credit - - - - - - -
Other - 1 - - - - 3
------ ------ ------ ------ ------ ------ ------
(22) 1 (7) - - (1) 6
------ ------ ------ ------ ------ ------ ------
Total Stockholders' Equity
and Liabilities $ 587 $ 15 $ 24 $ 57 $ 12 $ 52 $ 165
====== ====== ====== ====== ====== ====== ======
(Continued on Following Page)
A-32
98
CMS OIL AND GAS COMPANY
Consolidating Balance Sheet - Equity and Liabilities
December 31, 2000
(In Millions)
(Continued from Previous Page)
CMS CMS CMS Inter- CMS
Oil & Gas Oil & Gas Oil & Gas company Oil & Gas
E.G. E.G. Pipeline Elimina- Company
LDC Ltd. Co. tions Consol.
Capitalization
Common Stockholders' Equity
Common stock $ - $ - $ - $ (1) $ 173
Other paid-in-capital 6 63 (1) (340 93
Revaluation capital - - - - 1
Retained earnings 3 32 1 (78) 139
------ ------ ------ ------ ------
9 95 - (419) 406
Long-term debt - - - - 144
Non-current capital leases - 3 - - 3
------ ------ ------ ------ ------
9 98 - (419) 553
------ ------ ------ ------ ------
Current Liabilities
Current portion of long-term
debt - - - - -
Notes payable - 5 - (7) 1
Accounts payable - 29 - (2) 94
Accounts payable - related
parties - 45 - - 9
Accrued interest - - - - 3
Accrued taxes - - - - 11
Other - 4 - - 26
------ ------ ------ ------ ------
- 83 - (9) 144
------ ------ ------ ------ ------
Non-current Liabilities
Postretirement benefits - - - - 7
Deferred income taxes - 11 - (3) (26)
Deferred investment tax credit - - - - -
Other - - - - 4
------ ------ ------ ------ ------
- 11 - (3) (15)
------ ------ ------ ------ ------
Total Stockholders' Equity
and Liabilities $ 9 $ 192 $ - $ (431) $ 682
====== ====== ====== ====== ======
(4) Represents CMS Oil and Gas Company consolidated with CMS Oil and Gas
International Company included on the equity method of accounting.
A-33
99
CMS OIL AND GAS INTERNATIONAL COMPANY
Consolidating Balance Sheet - Assets
December 31, 2000
(In Millions)
CMS CMS NOMECO CMS Oil & CMS Inter- CMS
Oil & Gas Int'l Gas Int'l Oil & Gas company Oil & Gas
Int'l Congo Hld., Tunisia, Cameroon, Elimina- Int'l
Co. (5) Inc. Inc. Ltd. tions Co. Consol.
Plant and Property (Suc Efforts)
Oil and gas properties $ 1 $ 89 $ 34 $ 2 $ - $ 126
Other - - - - - -
------ ------ ------ ------ ------ ------
1 89 34 2 - 126
Less accumulated depreciation,
depletion and amortization 1 22 4 - - 27
------ ------ ------ ------ ------ ------
- 67 30 2 - 99
Construction work-in-progress - - - - - -
------ ------ ------ ------ ------ ------
- 67 30 2 - 99
------ ------ ------ ------ ------ ------
Investments
Associated companies 57 - - - (57) -
Other - - - - - -
------ ------ ------ ------ ------ ------
57 - - - (57) -
------ ------ ------ ------ ------ ------
Current Assets
Cash and temporary cash
investments 1 3 2 1 - 7
Accounts/notes receivable 73 34 17 1 (76) 49
Materials and supplies - 7 2 1 - 10
Prepayments and other - - - - - -
------ ------ ------ ------ ------ ------
74 44 21 3 (76) 66
------ ------ ------ ------ ------ ------
Non-current Assets
Postretirement benefits - - - - - -
Other - (2) 2 - - -
------ ------ ------ ------ ------ ------
- (2) 2 - - -
------ ------ ------ ------ ------ ------
Total Assets $ 131 $ 109 $ 53 $ 5 $ (133) $ 165
====== ====== ====== ====== ====== ======
(5) Represents CMS Oil and Gas International Company and CMS Oil and Gas
International Transportation Company consolidated.
A-34
100
CMS OIL AND GAS INTERNATIONAL COMPANY
Consolidating Balance Sheet - Equity and Liabilities
December 31, 2000
(In Millions)
CMS CMS NOMECO CMS OIl & CMS Inter CMS
Oil & Gas Int'l Gas Int'l Oil & Gas company Oil & Gas
Int'l Congo Hld., Tunisia, Cameroon, Elimina- Int'l.
Co. (5) Inc. Inc. Inc. tions Co. Consol.
Capitalization
Common Stockholders' Equity
Common stock $ - $ - $ - $ - $ - $ -
Other paid-in-capital 100 17 7 - (30) 94
Retained earnings 25 23 12 (1) (27) 32
------ ------ ------ ------ ------ ------
125 40 19 (1) (57) 126
Long-term debt - - - - - -
Non-current capital leases - - - - - -
------ ------ ------ ------ ------ ------
125 40 19 (1) (57) 126
------ ------ ------ ------ ------ ------
Current Liabilities
Current portion of long-term
debt - - - - - -
Notes payable - - - - - -
Accounts payable - 17 1 1 - 19
Accounts payable - related
parties 5 33 28 5 (76) (5)
Accrued interest - - - - - -
Accrued taxes - (2) - - - (2)
Other 1 19 1 - - 21
------ ------ ------ ------ ------ ------
6 67 30 6 (76) 33
------ ------ ------ ------ ------ ------
Non-current Liabilities
Postretirement benefits - - - - - -
Deferred income taxes - 2 1 - - 3
Deferred investment tax credit - - - - - -
Other - - 3 - - 3
------ ------ ------ ------ ------ ------
- 2 4 - - 6
------ ------ ------ ------ ------ ------
Total Stockholders' Equity
and Liabilities $ 131 $ 109 $ 53 $ 5 $ (133) $ 165
====== ====== ====== ====== ====== ======
(5) Represents CMS Oil and Gas International Company and CMS Oil and Gas
International Transportation Company consolidated.
A-35
101
CMS GENERATION COMPANY
Consolidating Balance Sheet - Assets
December 31, 2000
(In Millions)
CMSG CMSG CMSG CMSG
CMS Honey Filer CMSG Grayling CMSG Filer
Generation Lake City, Grayling Holdings Operating City Oper.
Co. (6) Company Inc. Company Company Company Company
Plant and Property (At Cost)
Independent power production $ - $ - $ - $ - $ - $ - $ -
Less accumulated depreciation,
depletion and amortization - - - - - - -
------ ------ ------ ------ ------ ------ ------
- - - - - - -
Construction work-in-progress 1 - - - - - -
------ ------ ------ ------ ------ ------ ------
1 - - - - - -
------ ------ ------ ------ ------ ------ ------
Investments
Associated companies 1,203 - - - - - -
Other 44 32 18 1 7 - -
------ ------ ------ ------ ------ ------ ------
1,247 32 18 1 7 - -
------ ------ ------ ------ ------ ------ ------
Current Assets
Cash and temporary cash
investments 1 - - - - - 1
Accounts/notes receivable 40 1 - - - 11 2
Materials and supplies 1 - - - - - -
Generating plant fuel stock - - - - - - -
Deferred income taxes 4 - - - - - -
Prepayments and other 2 - - - - - -
------ ------ ------ ------ ------ ------ ------
48 1 - - - 11 3
------ ------ ------ ------ ------ ------ ------
Non-current Assets
Goodwill, net - - - - - - -
Postretirement benefits - - - - - - -
Other 122 - - - - - -
------ ------ ------ ------ ------ ------ ------
122 - - - - - -
------ ------ ------ ------ ------ ------ ------
Total Assets $1,418 $ 33 $ 18 $ 1 $ 7 $ 11 $ 3
====== ====== ====== ====== ====== ====== ======
(Continued on Following Page)
A-36
102
CMS GENERATION COMPANY
Consolidating Balance Sheet - Assets
December 31, 2000
(In Millions)
(Continued from Previous Page)
Dearborn Mid- CMSG CMSG HYDRA-CO
Indust. CMS CMSG Michigan Invest. Michigan Enter-
Generation Generation Recycling Recycling Co. I Power prises
LLC S.A. Company LLC Consol. LLC Consol.
Plant and Property (At Cost)
Independent power production $ - $ - $ - $ 3 $ - $ 77 $ 1
Less accumulated depreciation,
depletion and amortization - - - 2 - 4 -
------ ------ ------ ------ ------ ------ ------
- - - 1 - 73 1
Construction work-in-progress 383 - - - - - -
------ ------ ------ ------ ------ ------ ------
383 - - 1 - 73 1
------ ------ ------ ------ ------ ------ ------
Investments
Associated companies - - 2 - - - -
Other - 38 - - 686 - 57
------ ------ ------ ------ ------ ------ ------
- 38 2 - 686 - 57
------ ------ ------ ------ ------ ------ ------
Current Assets
Cash and temporary cash
investments (3) - - - 17 1 -
Accounts/notes receivable 45 1 - 4 53 1 7
Materials and supplies - - - - - - -
Generating plant fuel stock - - - - - - -
Deferred income taxes - - - - - - -
Prepayments and other - - - - - - -
------ ------ ------ ------ ------ ------ ------
42 1 - 4 70 2 7
------ ------ ------ ------ ------ ------ ------
Non-current Assets
Goodwill, net - - - - 13 - -
Postretirement benefits - - - - - - -
Other 14 - - - 106 - 11
------ ------ ------ ------ ------ ------ ------
14 - - - 119 - 11
------ ------ ------ ------ ------ ------ ------
Total Assets $ 439 $ 39 $ 2 $ 5 $ 875 $ 75 $ 76
====== ====== ====== ====== ====== ====== ======
(Continued on Following Page)
A-37
103
CMS GENERATION COMPANY
Consolidating Balance Sheet - Assets
December 31, 2000
(In Millions)
(Continued from Previous Page)
CMS Oxford/ CMSG Dearborn
CMSG CMSG CMSG Int'l. CMS Invest. Generation
Holdings Altoona Chateaugay Operating Development Company Operating
Company Company Co. Co. L.P. III LLC
Plant and Property (At Cost)
Independent power production $ - $ - $ - $ - $ 2 $ - $ -
Less accumulated depreciation,
depletion and amortization - - - - - - -
------ ------ ------ ------ ------ ------ ------
- - - - 2 - -
Construction work-in-progress - - - - - - 1
------ ------ ------ ------ ------ ------ ------
- - - - 2 - 1
------ ------ ------ ------ ------ ------ ------
Investments
Associated companies - - - - - - -
Other 5 - - - 7 29 -
------ ------ ------ ------ ------ ------ ------
5 - - - 7 29 -
------ ------ ------ ------ ------ ------ ------
Current Assets
Cash and temporary cash
investments - - - 1 - - (1)
Accounts/notes receivable 1 47 1 12 - 4 22
Materials and supplies - - - - - - -
Generating plant fuel stock - - - - - - -
Deferred income taxes - - - - - - -
Prepayments and other - - - 1 - 3 2
------ ------ ------ ------ ------ ------ ------
1 47 1 14 - 7 23
------ ------ ------ ------ ------ ------ ------
Non-current Assets
Goodwill, net - - - - - - -
Postretirement benefits - - - - - - -
Other - - - - - - -
------ ------ ------ ------ ------ ------ ------
- - - - - - -
------ ------ ------ ------ ------ ------ ------
Total Assets $ 6 $ 47 $ 1 $ 14 $ 9 $ 36 $ 24
====== ====== ====== ====== ====== ====== ======
(Continued on Following Page)
A-38
104
CMS GENERATION COMPANY
Consolidating Balance Sheet - Assets
December 31, 2000
(In Millions)
(Continued from Previous Page)
Inter- CMS
CMSG company Generation
Genesee Elimina- Company
Co. tions Consol.
Plant and Property (At Cost)
Independent power production $ - $ - $ 83
Less accumulated depreciation,
depletion and amortization - - 6
------ ------- ------
- - 77
Construction work-in-progress - - 385
------ ------- ------
- - 462
------ ------- ------
Investments
Associated companies - (1,205) -
Other - - 924
------ ------- ------
- (1,205) 924
------ ------- ------
Current Assets
Cash and temporary cash
investments - - 17
Accounts/notes receivable 1 (70) 183
Materials and supplies - - 1
Generating plant fuel stock - - -
Deferred income taxes - - 4
Prepayments and other - - 8
------ ------- ------
1 (70) 213
------ ------- ------
Non-current Assets
Goodwill, net - - 13
Postretirement benefits - - -
Other - - 253
------ ------- ------
- - 266
------ ------- ------
Total Assets $ 1 $(1,275) $1,865
====== ======= ======
(6) Represents CMS Generation Company, CMSG Mon Valley Company, CMSG Lyonsdale
Company, CMSG Montreal Company, CMS Jorf Lasfar III LDC, CMS Centrales
Termicas S.A. and Taweelah A2 Operating Company consolidated with HYDRA-CO
Enterprises, Inc., and CMSG Investment Company I included on the equity
method of accounting.
A-39
105
CMS GENERATION COMPANY
Consolidating Balance Sheet - Equity and Liabilities
December 31, 2000
(In Millions)
CMSG CMSG CMSG CMSG
CMS Honey Filer CMSG Grayling CMSG Filer
Generation Lake City, Grayling Holdings Operating City Oper.
Co. (6) Company Inc. Company Company Company Company
Capitalization
Common Stockholders' Equity
Common stock $ - $ - $ - $ - $ - $ 1 $ -
Other paid-in-capital 1,934 10 6 4 7 3 1
Currency translation (185) - - - - - -
Revaluation capital (7) - - - - - -
Retained earnings (294) 11 8 (4) (6) 2 -
------ ------ ------ ------ ------ ------ ------
1,448 21 14 - 1 6 1
Long-term debt 13 - - - - - -
Non-current capital leases - - - - - - -
------ ------ ------ ------ ------ ------ ------
1,461 21 14 - 1 6 1
------ ------ ------ ------ ------ ------ ------
Minority Interests - - - - - - -
------ ------ ------ ------ ------ ------ ------
Current Liabilities
Current portion of long-term
debt - - - - - - -
Current capital leases - - - - - - -
Notes payable 26 - - - - 3 1
Accounts payable 11 - - 1 - - 1
Accounts payable - related
parties 5 - - - - - -
Accrued interest 1 - - - - - -
Accrued taxes (16) 3 - - - 1 -
Other - - - - - - -
------ ------ ------ ------ ------ ------ ------
27 3 - 1 - 4 2
------ ------ ------ ------ ------ ------ ------
Non-current Liabilities
Postretirement benefits 3 - - - - 2 -
Deferred income taxes (73) 8 4 - 6 (1) -
Deferred investment tax credit - 1 - - - - -
Other - - - - - - -
------ ------ ------ ------ ------ ------ ------
(70) 9 4 - 6 1 -
------ ------ ------ ------ ------ ------ ------
Total Stockholders' Equity
and Liabilities $1,418 $ 33 $ 18 $ 1 $ 7 $ 11 $ 3
====== ====== ====== ====== ====== ====== ======
(Continued on Following Page)
A-40
106
CMS GENERATION COMPANY
Consolidating Balance Sheet - Equity and Liabilities
December 31, 2000
(In Millions)
(Continued from Previous Page)
Dearborn Mid- CMSG CMSG HYDRA-CO
Indust. CMS CMSG Michigan Inv. Co. Michigan Enter-
Generation Generation Recycling Recycling I Power prises
LLC S.A. Company LLC Consol. LLC Consol.
Capitalization
Common Stockholders' Equity
Common stock $ - $ - $ - $ - $ - $ - $ -
Other paid-in-capital 129 45 3 4 1,117 75 185
Currency translation - - - - (181) - -
Revaluation capital - - - - - - -
Retained earnings 7 (6) (1) - (168) 1 (152)
------ ------ ------ ------ ------ ------ ------
136 39 2 4 768 76 33
Long-term debt - - - - - - -
Non-current capital leases - - - - - - -
------ ------ ------ ------ ------ ------ ------
136 39 2 4 768 76 33
------ ------ ------ ------ ------ ------ ------
Minority Interests - - - - 12 - -
------ ------ ------ ------ ------ ------ ------
Current Liabilities
Current portion of long-term
debt - - - - - - -
Current capital leases - - - - - - -
Notes payable 266 - - - 41 (4) 9
Accounts payable 1 - - 1 33 1 10
Accounts payable - related
parties 12 - - - 12 - -
Accrued interest - - - - 6 - -
Accrued taxes - - - - 4 - 10
Other 24 - - - - 2 2
------ ------ ------ ------ ------ ------ ------
303 - - 1 96 (1) 31
------ ------ ------ ------ ------ ------ ------
Non-current Liabilities
Postretirement benefits - - - - - - -
Deferred income taxes - - - - (1) - 7
Deferred investment tax credit - - - - - - -
Other - - - - - - 5
------ ------ ------ ------ ------ ------ ------
- - - - (1) - 12
------ ------ ------ ------ ------ ------ ------
Total Stockholders' Equity
and Liabilities $ 439 $ 39 $ 2 $ 5 $ 875 $ 75 $ 76
====== ====== ====== ====== ====== ====== ======
(Continued on Following Page)
A-41
107
CMS GENERATION COMPANY
Consolidating Balance Sheet - Equity and Liabilities
December 31, 2000
(In Millions)
(Continued from Previous Page)
CMS Oxford/ CMSG Dearborn
CMSG CMSG CMSG Int'l. CMS Invest. Generation
Holdings Altoona Chateaugay Operating Development Company Operating
Company Company Co. Co. L.P. III LLC
Capitalization
Common Stockholders' Equity
Common stock $ - $ - $ - $ - $ - $ - $ -
Other paid-in-capital 12 39 - 2 41 34 4
Currency translation - - - (1) - (4) -
Revaluation capital - - - - - - -
Retained earnings (12) 6 - 7 (32) 2 1
------ ------ ------ ------ ------ ------ ------
- 45 - 8 9 32 5
Long-term debt - - - - - - -
Non-current capital leases - - - - - - -
------ ------ ------ ------ ------- ------ ------
- 45 - 8 9 32 5
------ ------ ------ ------ ------ ------ ------
Minority Interests - - - - - - -
------ ------ ------ ------ ------ ------ ------
Current Liabilities
Current portion of long-term
debt - - - - - - -
Current capital leases - - - - - - -
Notes payable - 2 - - - - 18
Accounts payable - - - 3 - - 1
Accounts payable - related
parties - - - - - - -
Accrued interest - - - - - - -
Accrued taxes (1) - - 2 - 3 -
Other - - 1 1 - - -
------ ------ ------ ------ ------ ------ ------
(1) 2 1 6 - 3 19
------ ------ ------ ------ ------ ------ ------
Non-current Liabilities
Postretirement benefits - - - - - - -
Deferred income taxes 2 - - - - 1 -
Deferred investment tax credit - - - - - - -
Other 5 - - - - - -
------ ------ ------ ------ ------ ------ ------
7 - - - - 1 -
------ ------ ------ ------ ------ ------ ------
Total Stockholders' Equity
and Liabilities $ 6 $ 47 $ 1 $ 14 $ 9 $ 36 $ 24
====== ====== ====== ====== ====== ====== ======
(Continued on Following Page)
A-42
108
CMS GENERATION COMPANY
Consolidating Balance Sheet - Equity and Liabilities
December 31, 2000
(In Millions)
(Continued from Previous Page)
Inter- CMS
CMSG company Generation
Genesee Elimina- Company
Co. tions Consol.
Capitalization
Common Stockholders' Equity
Common stock $ - $ (1) $ -
Other paid-in-capital - (1,723) 1,932
Currency translation - 186 (185)
Revaluation capital - - (7)
Retained earnings - 335 (295)
------ ------- ------
- (1,203) 1,445
Long-term debt - - 13
Non-current capital leases - - -
------ ------- ------
- (1,203) 1,458
------ ------- ------
Minority Interests - - 12
------ ------- ------
Current Liabilities
Current portion of long-term
debt - - -
Current capital leases - - -
Notes payable - (41) 321
Accounts payable - (7) 56
Accounts payable - related
parties - (18) 11
Accrued interest - (6) 1
Accrued taxes - - 6
Other - - 30
------ ------- ------
- (72) 425
------ ------- ------
Non-current Liabilities
Postretirement benefits - - 5
Deferred income taxes 1 - (46)
Deferred investment tax credit - - 1
Other - - 10
------ ------- ------
1 - (30)
------ ------- ------
Total Stockholders' Equity
and Liabilities $ 1 $(1,275) $1,865
====== ======= ======
(6) Represents CMS Generation Company, CMSG Mon Valley Company, CMSG Lyonsdale
Company, CMSG Montreal Company, CMS Jorf Lasfar III LDC, CMS Centrales
Termicas S.A. and Taweelah A2 Operating Company consolidated with HYDRA-CO
Enterprises, Inc. and CMSG Investment Company I included on the equity
method of accounting.
A-43
109
HYDRA-CO ENTERPRISES, INC.
Consolidating Balance Sheet - Assets
December 31, 2000
(In Millions)
HYDRO-CO CMS New HCE HCE
Enter- Generation HCE Bern HCE Rockfort Imperial
prises Oper. Co. Appomattox Energy Hudson, Diesel, Valley
Inc. (7) II Inc. Rec. Inc. Inc. Inc. Inc.
Plant and Property (At Cost)
Independent power production $ - $ 1 $ - $ - $ - $ - $ -
Less accumulated depreciation,
depletion and amortization - - - - - - -
------ ------ ------ ------ ------ ------ ------
- 1 - - - - -
Construction work-in-progress - - - - - - -
------ ------ ------ ------ ------ ------ ------
- 1 - - - - -
------ ------ ------ ------ ------ ------ ------
Investments
Associated companies 29 - - - - - -
Other 32 - 1 2 - 22 -
------ ------ ------ ------ ------ ------ ------
61 - 1 2 - 22 -
------ ------ ------ ------ ------ ------ ------
Current Assets
Cash and temporary cash
investments - - - - - - -
Accounts receivable (2) 3 1 - 1 - -
Materials and supplies - - - - - - -
Prepayments and other - - - - - - -
------ ------ ------ ------ ------ ------ ------
(2) 3 1 - 1 - -
------ ------ ------ ------ ------ ------ ------
Non-current Assets
Postretirement benefits - - - - - - -
Other 10 1 - - - - -
------ ------ ------ ------ ------ ------ ------
10 1 - - - - -
------ ------ ------ ------ ------ ------ ------
Total Assets $ 69 $ 5 $ 2 $ 2 $ 1 $ 22 $ -
====== ====== ====== ====== ====== ====== ======
(Continued on Following Page)
A-44
110
HYDRA-CO ENTERPRISES, INC.
Consolidating Balance Sheet - Assets
December 31, 2000
(In Millions)
(Continued from Previous Page)
Inter- HYDRA-CO
CMSG company Enter-
Stratton Elimina- prises
Co. tions Consol.
Plant and Property (At Cost)
Independent power production $ - $ - $ 1
Less accumulated depreciation,
depletion and amortization - - -
------ ------ ------
- - 1
Construction work-in-progress - - -
------ ------ ------
- - 1
------ ------ ------
Investments
Associated companies - (29) -
Other - - 57
------ ------ ------
- (29) 57
------ ------ ------
Current Assets
Cash and temporary cash
investments - - -
Accounts receivable 4 - 7
Materials and supplies - - -
Prepayments and other - - -
------ ------ ------
4 - 7
------ ------ ------
Non-current Assets
Postretirement benefits - - -
Other - - 11
------ ------ ------
- - 11
------ ------ ------
Total Assets $ 4 $ (29) $ 76
====== ====== ======
(7) Represents HYDRA-CO Enterprises, Inc., HCE-Biopower, Inc., HCO-Jamaica,
Inc. and HCE-Jamaica Development, Inc. consolidated.
A-45
111
HYDRO-CO ENTERPRISES, INC.
Consolidating Balance Sheet - Equity and Liabilities
December 31, 2000
(In Millions)
HYDRO-CO CMS New HCE HCE
Enter- Generation HCE Bern HCE Rockfort Imperial
prises Oper. Co. Appomattox Energy Hudson, Diesel, Valley
Inc. (7) II Inc. Rec. Inc. Inc. Inc. Inc.
Capitalization
Common Stockholders' Equity
Common stock $ - $ - $ - $ - $ - $ - $ -
Other paid-in-capital 185 4 2 1 (5) 19 2
Currency translation - - - - - - -
Revaluation capital - - - - - - -
Retained earnings (151) (1) - 1 6 - (2)
------ ------ ------ ------ ------ ------ ------
34 3 2 2 1 19 -
Long-term debt - - - - - - -
Non-current capital leases - - - - - - -
------ ------ ------ ------ ------ ------ ------
34 3 2 2 1 19 -
------ ------ ------ ------ ------ ------ ------
Current Liabilities
Current portion of long-term
debt - - - - - - -
Current capital leases - - - - - - -
Notes payable 9 - - - - - -
Accounts payable 8 1 - - - - -
Accounts payable - related
parties - - - - - - -
Accrued interest - - - - - - -
Accrued taxes 8 1 - - - - -
Other - - - - - - -
------ ------ ------ ------ ------ ------ ------
25 2 - - - - -
------ ------ ------ ------ ------ ------ ------
Non-current Liabilities
Postretirement benefits - - - - - - -
Deferred income taxes 5 - - - - 3 -
Deferred investment tax credit - - - - - - -
Other 5 - - - - - -
------ ------ ------ ------ ------ ------ ------
10 - - - - 3 -
------ ------ ------ ------ ------ ------ ------
Total Stockholders' Equity
and Liabilities $ 69 $ 5 $ 2 $ 2 $ 1 $ 22 $ -
====== ====== ====== ====== ====== ====== ======
(Continued on Following Page)
A-46
112
HYDRO-CO ENTERPRISES, INC.
Consolidating Balance Sheet - Equity and Liabilities
December 31, 2000
(In Millions)
(Continued from Previous Page)
Inter- HYDRA-CO
CMSG company Enter-
Stratton Elimina- prises
Co. tions Consol.
Capitalization
Common Stockholders' Equity
Common stock $ - $ - $ -
Other paid-in-capital 20 (43) 185
Currency translation - - -
Revaluation capital - - -
Retained earnings (18) 13 (152)
------ ------ ------
2 (30) 33
Long-term debt - - -
Non-current capital leases - - -
------ ------ ------
2 (30) 33
------ ------ ------
Current Liabilities
Current portion of long-term
debt - - -
Current capital leases - - -
Notes payable - - 9
Accounts payable - 1 10
Accounts payable - related
parties - - -
Accrued interest - - -
Accrued taxes 1 - 10
Other 2 - 2
------ ------ ------
3 1 31
------ ------ ------
Non-current Liabilities
Postretirement benefits - - -
Deferred income taxes (1) - 7
Deferred investment tax credit - - -
Other - - 5
------ ------ ------
(1) - 12
------ ------ ------
Total Stockholders' Equity
and Liabilities $ 4 $ (29) $ 76
====== ====== ======
(7) Represents HYDRA-CO Enterprises, Inc., HCE-Biopower, Inc., HCO-Jamaica,
Inc. and HCE-Jamaica Development, Inc. consolidated.
A-47
113
CMS GENERATION INVESTMENT COMPANY I
Consolidating Balance Sheet - Assets
December 31, 2000
(In Millions)
CMSG CMSG CMSG Jorf
CMSG Jeguru- CMSG CMSG Loy Yang Loy Yang Lasfar
Inv. Co. padu Pinamucan Cebu Holdings Holdings Handels-
I (8) I/II LDC LDC LDC 1 Ltd. 2 Ltd. bolag HB
Plant and Property (At Cost)
Independent power production $ - $ - $ - $ - $ - $ - $ -
Less accumulated depreciation,
depletion and amortization - - - - - - -
------ ------ ------ ------ ------ ------ ------
- - - - - - -
Construction work-in-progress - - - - - - -
------ ------ ------ ------ ------ ------ ------
- - - - - - -
------ ------ ------ ------ ------ ------ ------
Investments
Associated companies 247 - - - - - -
Other 217 7 - 13 - - 14
------ ------ ------ ------ ------ ------ ------
464 7 - 13 - - 14
------ ------ ------ ------ ------ ------ ------
Current Assets
Cash and temporary cash
investments 2 1 - 8 - - -
Accounts receivable 344 - 9 (3) - 9 -
Materials and supplies - - - - - - -
Deferred income taxes - - - - - - -
Prepayments and other - - - - - - -
------ ------ ------ ------ ------ ------ ------
346 1 9 5 - 9 -
------ ------ ------ ------ ------ ------ ------
Non-current Assets
Goodwill, net 13 - - - - - -
Postretirement benefits - - - - - - -
Other - - - - - - -
------ ------ ------ ------ ------ ------ ------
13 - - - - - -
------ ------ ------ ------ ------ ------ ------
Total Assets $ 823 $ 8 $ 9 $ 18 $ - $ 9 $ 14
====== ====== ====== ====== ====== ====== ======
(Continued on Following Page)
A-48
114
CMS GENERATION INVESTMENT COMPANY I
Consolidating Balance Sheet - Assets
December 31, 2000
(In Millions)
(Continued from Previous Page)
Jorf Jorf Inter- CMSG
Lasfar Lasfar CMSG Takoradi company Investment
Energia- PE Taweelah Int'l Monetize Elimina- Co. I
ktiebolag Aktie. Ltd. Company Ltd. tions Consol.
Plant and Property (At Cost)
Independent power production $ - $ - $ - $ - $ - $ - $ -
Less accumulated depreciation,
depletion and amortization - - - - - - -
------ ------ ------ ------ ------ ------ ------
- - - - - - -
Construction work-in-progress - - - - - - -
------ ------ ------ ------ ------ ------ ------
- - - - - - -
------ ------ ------ ------ ------ ------ ------
Investments
Associated companies - - - - - (247) -
Other 170 157 75 - 33 - 686
------ ------ ------ ------ ------ ------ ------
170 157 75 - 33 (247) 686
------ ------ ------ ------ ------ ------ ------
Current Assets
Cash and temporary cash
investments - - - 6 - - 17
Accounts receivable - - - 19 - (325) 53
Materials and supplies - - - - - - -
Deferred income taxes - - - - - - -
Prepayments and other - - - - - - -
------ ------ ------ ------ ------ ------ ------
- - - 25 - (325) 70
------ ------ ------ ------ ------ ------ ------
Non-current Assets
Goodwill, net - - - - - - 13
Postretirement benefits - - - - - - -
Other - - - 106 - - 106
------ ------ ------ ------ ------ ------ ------
- - - 106 - - 119
------ ------ ------ ------ ------ ------ ------
Total Assets $ 170 $ 157 $ 75 $ 131 $ 33 $ (572) $ 875
====== ====== ====== ====== ====== ====== ======
(8) Represents CMSG Investment Company I, CMSG Investment Company II and CMSG
Investment Company IV consolidated.
A-49
115
CMS GENERATION INVESTMENT COMPANY I
Consolidating Balance Sheet - Equity and Liabilities
December 31, 2000
(In Millions)
CMSG CMSG CMSG Jorf
CMSG Jeguru- CMSG CMSG Loy Yang Loy Yang Lasfar
Inv. Co. padu Pinamucan Cebu Holdings Holdings Handels-
I (8) I/II LDC LDC LDC 1 Ltd. 2 Ltd. bolag HB
Capitalization
Common Stockholders' Equity
Common stock $ - $ - $ 1 $ 16 $ - $ - $ -
Other paid-in-capital 1,117 - - 1 141 142 8
Currency translation (181) - - (9) (84) (84) -
Revaluation capital - - - - - - -
Retained earnings (168) - (5) 7 (215) (219) 3
------ ------ ------ ------ ------ ------ ------
768 - (4) 15 (158) (161) 11
Long-term debt - - - - - - -
Non-current capital leases - - - - - - -
------ ------ ------ ------ ------ ------ ------
768 - (4) 15 (158) (161) 11
------ ------ ------ ------ ------ ------ ------
Minority Interests - - - - - - -
------ ------ ------ ------ ------ ------ ------
Current Liabilities
Current portion of long-term
debt - - - - - - -
Current capital leases - - - - - - -
Notes payable 41 8 - - 157 158 -
Accounts payable 9 - 14 1 2 3 -
Accounts payable - related
parties - - (1) 2 - 9 3
Accrued interest 6 - - - - - -
Accrued taxes - - - - (1) - -
Other - - - - - - -
------ ------ ------ ------ ------ ------ ------
56 8 13 3 158 170 3
------ ------ ------ ------ ------ ------ ------
Non-current Liabilities
Postretirement benefits - - - - - - -
Deferred income taxes (1) - - - - - -
Deferred investment tax credit - - - - - - -
Other - - - - - - -
------ ------ ------ ------ ------ ------ ------
(1) - - - - - -
------ ------ ------ ------ ------ ------ ------
Total Stockholders' Equity
and Liabilities $ 823 $ 8 $ 9 $ 18 $ - $ 9 $ 14
====== ====== ====== ====== ====== ====== ======
(Continued on Following Page)
A-50
116
CMS GENERATION INVESTMENT COMPANY I
Consolidating Balance Sheet - Equity and Liabilities
December 31, 2000
(In Millions)
(Continued from Previous Page)
Jorf Jorf Inter- CMSG
Lasfar Lasfar CMSG Takoradi company Investment
Energia- PE Taweelah Int'l Monetize Elimina- Co. I
ktiebolag Aktie. Ltd. Company Ltd. tions Consol.
Capitalization
Common Stockholders' Equity
Common stock $ - $ - $ - $ - $ - $ (17) $ -
Other paid-in-capital 97 89 74 99 29 (680) 1,117
Currency translation - - - - (3) 180 (181)
Revaluation capital - - - - - - -
Retained earnings 73 68 1 10 7 270 (168)
------ ------ ------ ------ ------ ------ ------
170 157 75 109 33 (247) 768
Long-term debt - - - - - - -
Non-current capital leases - - - - - - -
------ ------ ------ ------ ------ ------ ------
170 157 75 109 33 (247) 768
------ ------ ------ ------ ------ ------ ------
Minority Interests - - - 12 - - 12
------ ------ ------ ------ ------ ------ ------
Current Liabilities
Current portion of long-term
debt - - - - - - -
Current capital leases - - - - - - -
Notes payable - - - - - (323) 41
Accounts payable - - - 5 - (1) 33
Accounts payable - related
parties - - - - - (1) 12
Accrued interest - - - - - - 6
Accrued taxes - - - 5 - - 4
Other - - - - - - -
------ ------ ------ ------ ------ ------ ------
- - - 10 - (325) 96
------ ------ ------ ------ ------ ------ ------
Non-current Liabilities
Postretirement benefits - - - - - - -
Deferred income taxes - - - - - - (1)
Deferred investment tax credit - - - - - - -
Other - - - - - - -
------ ------ ------ ------ ------ ------ ------
- - - - - - (1)
------ ------ ------ ------ ------ ------ ------
Total Stockholders' Equity
and Liabilities $ 170 $ 157 $ 75 $ 131 $ 33 $ (572) $ 875
====== ====== ====== ====== ====== ====== ======
(8) Represents CMSG Investment Company I, CMSG Investment Company II and CMSG
Investment Company IV consolidated.
A-51
117
CMS GAS TRANSMISSION COMPANY
Consolidating Balance Sheet - Assets
December 31, 2000
(In Millions)
CMS CMS CMS Gas CMS CMS
CMS Gas CMS Saginaw Saginaw Transmission Gas Jackson
Transmission Antrim Bay Bay Lat. del Sur Argentina Pipeline
Company (9) Company Company Company Company Company Company
Plant and Property (At Cost)
Natural gas transmission $ 3 $ 53 $ 24 $ - $ - $ - $ 11
Other - - - - - - -
------ ------ ------ ------ ------ ------ ------
3 53 24 - - - 11
Less accumulated depreciation,
depletion and amortization - 15 1 - - - 3
------ ------ ------ ------ ------ ------ ------
3 38 23 - - - 8
Construction work-in-progress 3 - - - - - -
------ ------ ------ ------ ------ ------ ------
6 38 23 - - - 8
------ ------ ------ ------ ------ ------ ------
Investments
Associated companies 1,840 - - - - - -
Other 89 - - - 159 166 -
------ ------ ------ ------ ------ ------ ------
1,929 - - - 159 166 -
------ ------ ------ ------ ------ ------ ------
Current Assets
Cash and temporary cash
investments - - - - - - 1
Accounts/notes receivable 7 4 1 1 - 2 -
Gas in underground storage 3 - - - - - -
Materials and supplies - - - - - - -
Deferred income taxes (2) - - - - - -
Prepayments and other 2 - - - - - -
------ ------ ------ ------ ------ ------ ------
10 4 1 1 - 2 1
------ ------ ------ ------ ------ ------ ------
Non-current Assets
Goodwill, net - - - - - 42 -
Postretirement benefits - - - - - - -
Other 63 - - - 1 - -
------ ------ ------ ------ ------ ------ ------
63 - - - 1 42 -
------ ------ ------ ------ ------ ------ ------
Total Assets $2,008 $ 42 $ 24 $ 1 $ 160 $ 210 $ 9
====== ====== ====== ====== ====== ====== ======
(Continued on Following Page)
A-52
118
CMS GAS TRANSMISSION COMPANY
Consolidating Balance Sheet - Assets
December 31, 2000
(In Millions)
(Continued from Previous Page)
CMS Panhandle CMS CMS Gas CMS Gold- CMS
Marysville Eastern Field Tristate Trans. of fields GT Grand Lacs
Gas Liquids Pipe Line Services Pipeline Australia Aust. Pty. Holding
Company Co. Consol. Co. Consol. LLC Trust Ltd. Company
Plant and Property (At Cost)
Natural gas transmission $ 45 $1,679 $ 303 $ - $ 45 $ - $ 29
Other - - - - - - -
------ ------ ------ ------ ------ ------ ------
45 1,679 303 - 45 - 29
Less accumulated depreciation,
depletion and amortization 42 99 32 - 7 - 7
------ ------ ------ ------ ------ ------ ------
3 1,580 271 - 38 - 22
Construction work-in-progress - 20 48 7 - - -
------ ------ ------ ------ ------ ------ ------
3 1,600 319 7 38 - 22
------ ------ ------ ------ ------ ------ ------
Investments
Associated companies - - - - - - -
Other 6 7 3 - - 61 -
------ ------ ------ ------ ------ ------ ------
6 7 3 - - 61 -
------ ------ ------ ------ ------ ------ ------
Current Assets
Cash and temporary cash
investments (1) - (1) - 1 2 -
Accounts/notes receivable 15 302 175 - 92 - 1
Gas in underground storage - - - - - - -
Materials and supplies - 21 8 - - - -
Deferred income taxes - 12 - - - - -
Prepayments and other - 92 - - - - -
------ ------ ------ ------ ------ ------ ------
14 427 182 - 93 2 1
------ ------ ------ ------ ------ ------ ------
Non-current Assets
Goodwill, net 17 754 - - - - -
Postretirement benefits - - - - - - -
Other - 18 1 - - - -
------ ------ ------ ------ ------ ------ ------
17 772 1 - - - -
------ ------ ------ ------ ------ ------ ------
Total Assets $ 40 $2,806 $ 505 $ 7 $ 131 $ 63 $ 23
====== ====== ====== ====== ====== ====== ======
(Continued on Following Page)
A-53
119
CMS GAS TRANSMISSION COMPANY
Consolidating Balance Sheet - Assets
December 31, 2000
(In Millions)
(Continued from Previous Page)
Grand Inter- CMS Gas
Lacs company Tran.
Limited Elimina- Company
Part. tions Consol.
Plant and Property (At Cost)
Natural gas transmission $ - $ - $2,192
Other - - -
------ ------- ------
- - 2,192
Less accumulated depreciation,
depletion and amortization - - 206
------ ------- ------
- - 1,986
Construction work-in-progress - - 78
------ ------- ------
- - 2,064
------ ------- ------
Investments
Associated companies - (1,840) -
Other - - 491
------ ------- ------
- (1,840) 491
------ ------- ------
Current Assets
Cash and temporary cash
investments - - 2
Accounts/notes receivable - (4) 596
Gas in underground storage - - 3
Materials and supplies - - 29
Deferred income taxes - - 10
Prepayments and other - - 94
------ ------- ------
- (4) 734
------ ------- ------
Non-current Assets
Goodwill, net - - 813
Postretirement benefits - - -
Other - - 83
------ ------- ------
- - 896
------ ------- ------
Total Assets $ - $(1,844) $4,185
====== ======= ======
(9) Represents CMS Gas Transmission Company and Western Australia Gas
Transmission Company I consolidated with CMS Field Services, Inc. and
Panhandle Eastern Pipe Line Company included on the equity method of
accounting.
A-54
120
CMS GAS TRANSMISSION COMPANY
Consolidating Balance Sheet - Equity and Liabilities
December 31, 2000
(In Millions)
CMS CMS CMS Gas CMS CMS
CMS Gas CMS Saginaw Saginaw Transmission Gas Jackson
Transmission Antrim Bay Bay Lat. del Sur Argentina Pipeline
Company (9) Company Company Company Company Company Company
Capitalization
Common Stockholders' Equity
Common stock $ 1 $ - $ - $ - $ 163 $ 4 $ -
Other paid-in-capital 2,037 - 23 3 - 164 2
Currency translation (24) - - - - - -
Retained earnings (40) - (1) (3) (3) 42 -
------ ------ ------ ------ ------ ------ ------
1,974 - 22 - 160 210 2
Long-term debt - 27 - - - - 3
Non-current capital leases - - - - - - -
------ ------ ------ ------ ------ ------ ------
1,974 27 22 - 160 210 5
------ ------ ------ ------ ------ ------ ------
Minority Interests - - - - - - 1
------ ------ ------ ------ ------ ------ ------
Current Liabilities
Current portion of long-term
debt - 6 - - - - -
Current capital leases - - - - - - -
Notes payable 18 - - - - - -
Accounts payable 1 - - - - - 1
Accounts payable - related
parties 1 - - - - - -
Accrued interest 1 - - - - - -
Accrued taxes (15) 1 - 1 - - -
Other 17 - 1 - - - -
------ ------ ------ ------ ------ ------ ------
23 7 1 1 - - 1
------ ------ ------ ------ ------ ------ ------
Non-current Liabilities
Postretirement benefits 2 - - - - - -
Deferred income taxes 5 8 1 - - - 2
Deferred investment tax credit - - - - - - -
Other 4 - - - - - -
------ ------ ------ ------ ------ ------ ------
11 8 1 - - - 2
------ ------ ------ ------ ------ ------ ------
Total Stockholders' Equity
and Liabilities $2,008 $ 42 $ 24 $ 1 $ 160 $ 210 $ 9
====== ====== ====== ====== ====== ====== ======
(Continued on Following Page)
A-55
121
CMS GAS TRANSMISSION COMPANY
Consolidating Balance Sheet - Equity and Liabilities
December 31, 2000
(In Millions)
CMS Panhandle CMS CMS Gas CMS Gold- CMS
Marysville Eastern Field Tristate Trans. of fields GT Grand Lacs
Gas Liquids Pipe Line Services Pipeline Australia Aust. Pty. Holding
Company Co. Consol. Co. Consol. LLC Trust Ltd. Company
Capitalization
Common Stockholders' Equity
Common stock $ - $ 1 $ - $ - $ 7 $ 65 $ -
Other paid-in-capital 33 1,127 158 7 - - 28
Currency translation - - - - (17) (7) -
Retained earnings (2) (6) 36 - 17 5 (6)
------ ------ ------ ------ ------ ------ ------
31 1,122 194 7 7 63 22
Long-term debt - 1,193 49 - - - -
Non-current capital leases - - 2 - - - -
------ ------ ------ ------ ------ ------ ------
31 2,315 245 7 7 63 22
------ ------ ------ ------ ------ ------ ------
Minority Interests - - 27 - 64 - -
------ ------ ------ ------ ------ ------ ------
Current Liabilities
Current portion of long-term
debt - - - - - - -
Current capital leases - - 2 - - - -
Notes payable - - 13 - 52 - -
Accounts payable - 65 167 - 2 - -
Accounts payable - related
parties 6 23 1 - - - -
Accrued interest - 31 - - 1 - -
Accrued taxes - 3 2 - 2 - -
Other 1 149 25 - 1 - -
------ ------ ------ ------ ------ ------ ------
7 271 210 - 58 - -
------ ------ ------ ------ ------ ------ ------
Non-current Liabilities
Postretirement benefits 1 15 - - - - -
Deferred income taxes 1 134 23 - 2 - 1
Deferred investment tax credit - - - - - - -
Other - 71 - - - - -
------ ------ ------ ------ ------ ------ ------
2 220 23 - 2 - 1
------ ------ ------ ------ ------ ------ ------
Total Stockholders' Equity
and Liabilities $ 40 $2,806 $ 505 $ 7 $ 131 $ 63 $ 23
====== ====== ====== ====== ====== ====== ======
(Continued on Following Page)
A-56
122
CMS GAS TRANSMISSION COMPANY
Consolidating Balance Sheet - Equity and Liabilities
December 31, 2000
(In Millions)
(Continued from Previous Page)
Grand Inter- CMS Gas
Lacs company Tran.
Limited Elimina- Company
Part. tions Consol.
Capitalization
Common Stockholders' Equity
Common stock $ - $ (241) $ -
Other paid-in-capital (6) (1,537) 2,039
Currency translation - 24 (24)
Retained earnings 6 (86) (41)
------ ------- ------
- (1,840) 1,974
Long-term debt - - 1,272
Non-current capital leases - - 2
------ ------- ------
- (1,840) 3,248
------ ------- ------
Minority Interests - - 92
------ ------- ------
Current Liabilities
Current portion of long-term
debt - - 6
Current capital leases - - 2
Notes payable - - 83
Accounts payable - - 236
Accounts payable - related
parties - (4) 27
Accrued interest - - 33
Accrued taxes - - (6)
Other - - 194
------ ------- ------
- (4) 575
------ ------- ------
Non-current Liabilities
Postretirement benefits - - 18
Deferred income taxes - - 177
Deferred investment tax credit - - -
Other - - 75
------ ------- ------
- - 270
------ ------- ------
Total Stockholders' Equity
and Liabilities $ - $(1,844) $4,185
====== ======= ======
(9) Represents CMS Gas Transmission Company and Western Australia Gas
Transmission Company I consolidated with CMS Field Services, Inc and
Panhandle Eastern Pipe Line Company included on the equity method of
accounting.
A-57
123
PANHANDLE EASTERN PIPE LINE COMPANY
Consolidating Balance Sheet - Assets
December 31, 2000
(In Millions)
Panhandle Inter- Panhandle
Eastern Pipe Trunkline Trunkline Pan Gas company Eastern
Line Co. Gas LNG Storage Elimina- Pipe Line
Consol. (10) Company Company Company tions Co. Cons.
Plant and Property (At Cost)
Natural gas transmission $ 707 $ 755 $ 29 $ 188 $ - $1,679
Other - - - - - -
------ ------ ------ ------ ------- ------
707 755 29 188 - 1,679
Less accumulated depreciation,
depletion and amortization 33 60 1 5 - 99
------ ------ ------ ------ ------- ------
674 695 28 183 - 1,580
Construction work-in-progress 12 7 1 - - 20
------ ------ ------ ------ ------- ------
686 702 29 183 - 1,600
------ ------ ------ ------ ------- ------
Investments
Associated companies 794 - - - (794) -
Other 2 5 - - - 7
------ ------ ------ ------ ------- ------
796 5 - - (794) 7
------ ------ ------ ------ ------- ------
Current Assets
Cash and temporary cash
investments - - - - - -
Accounts/notes receivable 402 57 1 3 (161) 302
Gas in underground storage - - - - - -
Materials and supplies (14) 33 2 - - 21
Deferred income taxes 12 - - - - 12
Prepayments and other 27 38 26 1 - 92
------ ------ ------ ------ ------- ------
427 128 29 4 (161) 427
------ ------ ------ ------ ------- ------
Non-current Assets
Goodwill, net 656 - - 98 - 754
Postretirement benefits - - - - - -
Other 116 2 - - (100) 18
------ ------ ------ ------ ------- ------
772 2 - 98 (100) 772
------ ------ ------ ------ ------- ------
Total Assets $2,681 $ 837 $ 58 $ 285 ($1,055) $2,806
====== ====== ====== ====== ======= ======
(10) Represents Panhandle Eastern Pipe Line Company, Sea Robin Pipeline Company,
CMS Panhandle Eastern Resources, Inc., CMS Panhandle Storage Company,
Trunkline Field Services Company and CMS Trunkline Pipeline Holdings, Inc.
consolidated.
A-58
124
PANHANDLE EASTERN PIPE LINE COMPANY
Consolidating Balance Sheet - Equity and Liabilities
December 31, 2000
(In Millions)
Panhandle Inter- Panhandle
Eastern Pipe Trunkline Trunkline Pan Gas company Eastern
Line Co. Gas LNG Storage Elimina- Pipe Line
Consol. (10) Company Company Company tions Co. Cons.
Capitalization
Common Stockholders' Equity
Common stock $ 1 $ 27 $ - $ - $ (27) $ 1
Other paid-in-capital 1,128 357 30 295 (683) 1,127
Currency translation - - - - - -
Retained earnings (5) 120 (12) (25) (84) (6)
------ ------ ------ ------ ------- ------
1,124 504 18 270 (794) 1,122
Long-term debt 1,193 100 - - (100) 1,193
Non-current capital leases - - - - - -
------ ------ ------ ------ ------- ------
2,317 604 18 270 (894) 2,315
------ ------ ------ ------ ------- ------
Current Liabilities
Current portion of long-term
debt - - - - - -
Current capital leases - - - - - -
Notes payable - 100 - - (100) -
Accounts payable 50 52 21 - (58) 65
Accounts payable - related
parties 24 2 - - (3) 23
Accrued interest 31 - - - - 31
Accrued taxes 28 (20) - (5) - 3
Other 108 29 11 1 - 149
------ ------ ------ ------ ------- ------
241 163 32 (4) (161) 271
------ ------ ------ ------ ------- ------
Non-current Liabilities
Postretirement benefits 15 - - - - 15
Deferred income taxes 78 30 7 19 - 134
Deferred investment tax credit - - - - - -
Other 30 40 1 - - 71
------ ------ ------ ------ ------- ------
123 70 8 19 - 220
------ ------ ------ ------ ------- ------
Total Stockholders' Equity
and Liabilities $2,681 $ 837 $ 58 $ 285 ($1,055) $2,806
====== ====== ====== ====== ======= ======
(10) Represents Panhandle Eastern Pipe Line Company, Sea Robin Pipeline Company,
CMS Panhandle Eastern Resources, Inc., CMS Panhandle Storage Company,
Trunkline Field Services Company and CMS Trunkline Pipeline Holdings, Inc.
consolidated.
A-59
125
CMS FIELD SERVICES, INC.
Consolidating Balance Sheet - Assets
December 31, 2000
(In Millions)
CMS CMS/Okla CMS/Taurus CMS CMS CMS CMS
Field Nat. Gas Holdings Gas Gas Laverne Nat. Gas
Services, Gathering Company, Gathering Processing Gas Proc. Gathering
Inc. (11) LLC Inc. LLC LLC LLC LLC
Plant and Property (At Cost)
Natural gas transmission $ 8 $ 3 $ 52 $ 25 $ 50 $ 3 $ 73
Other - - - - - - -
------ ------ ------ ------ ------ ------ ------
8 3 52 25 50 3 73
Less accumulated depreciation,
depletion and amortization 1 - 6 1 6 - 8
------ ------ ------ ------ ------ ------ ------
7 3 46 24 44 3 65
Construction work-in-progress 7 - 1 32 8 - -
------ ------ ------ ------ ------ ------ ------
14 3 47 56 52 3 65
------ ------ ------ ------ ------ ------ ------
Investments
Associated companies 272 - - - - - -
Other 3 - - - - - -
------ ------ ------ ------ ------ ------ ------
275 - - - - - -
------ ------ ------ ------ ------ ------ ------
Current Assets
Cash and temporary cash
investments (3) - - 1 - - -
Accounts/notes receivable 117 - 7 - 23 1 7
Gas in underground storage - - - - - - -
Materials and supplies 7 - - 1 - - -
Deferred income taxes - - - - - - -
Prepayments and other - - - - - - -
------ ------ ------ ------ ------ ------ ------
121 - 7 2 23 1 7
------ ------ ------ ------ ------ ------ ------
Non-current Assets
Goodwill, net - - - - - - -
Postretirement benefits - - - - - - -
Other 1 - - - - - -
------ ------ ------ ------ ------ ------ ------
1 - - - - - -
------ ------ ------ ------ ------ ------ ------
Total Assets $ 411 $ 3 $ 54 $ 58 $ 75 $ 4 $ 72
====== ====== ====== ====== ====== ====== ======
(Continued on Following Page)
A-60
126
CMS FIELD SERVICES, INC.
Consolidating Balance Sheet - Assets
December 31, 2000
(In Millions)
(Continued from Previous Page)
Cherokee Heritage Roaring CMS Inter- CMS
Gas Bradshaw Gas Creek Hydro- company Field
Processing Energy Gathering Gas Svcs. carbons Elimina- Services,
LLC LLC LLC LLC LLC tions Inc. Cons.
Plant and Property (At Cost)
Natural gas transmission $ 48 $ 10 $ 22 $ 5 $ 4 $ - $ 303
Other - - - - - - -
------ ------ ------ ------ ------ ------ ------
48 10 22 5 4 - 303
Less accumulated depreciation,
depletion and amortization 6 1 2 1 - - 32
------ ------ ------ ------ ------ ------ ------
42 9 20 4 4 - 271
Construction work-in-progress - - - - - - 48
------ ------ ------ ------ ------ ------ ------
42 9 20 4 4 - 319
------ ------ ------ ------ ------ ------ ------
Investments
Associated companies - - - - - (272) -
Other - - - - - - 3
------ ------ ------ ------ ------ ------ ------
- - - - - (272) 3
------ ------ ------ ------ ------ ------ ------
Current Assets
Cash and temporary cash
investments - 1 - - - - (1)
Accounts receivable 12 1 6 1 - - 175
Gas in underground storage - - - - - - -
Materials and supplies - - - - - - 8
Deferred income taxes - - - - - - -
Prepayments and other - - - - - - -
------ ------ ------ ------ ------ ------ ------
12 2 6 1 - - 182
------ ------ ------ ------ ------ ------ ------
Non-current Assets
Goodwill, net - - - - - - -
Postretirement benefits - - - - - - -
Other - - - - - - 1
------ ------ ------ ------ ------ ------ ------
- - - - - - 1
------ ------ ------ ------ ------ ------ ------
Total Assets $ 54 $ 11 $ 26 $ 5 $ 4 $ (272) $ 505
====== ====== ====== ====== ====== ====== ======
(11) Represents CMS Field Services, Inc. and CMS Spearman Gas Processing, LLC
consolidated.
A-61
127
CMS FIELD SERVICES, INC.
Consolidating Balance Sheet - Equity and Liabilities
December 31, 2000
(In Millions)
CMS CMS/Okla. CMS/Taurus CMS CMS CMS CMS
Field Nat. Gas Holdings Gas Gas Laverne Nat. Gas
Services, Gathering Company, Gathering Processing Gas Proc. Gathering
Inc. (11) LLC Inc. LLC LLC LLC LLC
Capitalization
Common Stockholders' Equity
Common stock $ - $ - $ - $ - $ - $ - $ -
Other paid-in-capital 161 2 45 58 51 2 72
Currency translation - - - - - - -
Retained earnings 14 1 5 (1) (2) 1 (3)
------ ------ ------ ------ ------ ------ ------
175 3 50 57 49 3 69
Long-term debt 49 - - - - - -
Non-current capital leases 2 - - - - - -
------ ------ ------ ------ ------ ------ ------
226 3 50 57 49 3 69
------ ------ ------ ------ ------ ------ ------
Minority Interests - - - - - - -
------ ------ ------ ------ ------ ------ ------
Current Liabilities
Current portion of long-term
debt - - - - - - -
Current capital leases 2 - - - - - -
Notes payable 11 - - - - - -
Accounts payable 121 - 4 1 26 1 3
Accounts payable - related
parties 1 - - - - - -
Accrued interest - - - - - - -
Accrued taxes 2 - - - - - -
Other 25 - - - - - -
------ ------ ------ ------ ------ ------ ------
162 - 4 1 26 1 3
------ ------ ------ ------ ------ ------ ------
Non-current Liabilities
Postretirement benefits - - - - - - -
Deferred income taxes 23 - - - - - -
Deferred investment tax credit - - - - - - -
Other - - - - - - -
------ ------ ------ ------ ------ ------ ------
23 - - - - - -
------ ------ ------ ------ ------ ------ ------
Total Stockholders' Equity
and Liabilities $ 411 $ 3 $ 54 $ 58 $ 75 $ 4 $ 72
====== ====== ====== ====== ====== ====== ======
(Continued on Following Page)
A-62
128
CMS FIELD SERVICES, INC.
Consolidating Balance Sheet - Equity and Liabilities
December 31, 2000
(In Millions)
(Continued from Previous Page)
Cherokee Heritage Roaring CMS Inter- CMS
Gas Bradshaw Gas Creek Hydro- company Field
Processing Energy Gathering Gas Svcs. carbons Elimina- Services
LLC LLC LLC LLC LLC tions Inc. Cons.
Capitalization
Common Stockholders' Equity
Common stock $ - $ - $ - $ - $ - $ - $ -
Other paid-in-capital 30 10 19 4 4 (300) 158
Currency translation - - - - - - -
Retained earnings 17 1 2 1 - - 36
------ ------ ------ ------ ------ ------ ------
47 11 21 5 4 (300) 194
Long-term debt - - - - - - 49
Non-current capital leases - - - - - - 2
------ ------ ------ ------ ------ ------ ------
47 11 21 5 4 (300) 245
------ ------ ------ ------ ------ ------ ------
Minority Interests - - - - - 27 27
------ ------ ------ ------ ------ ------ ------
Current Liabilities
Current portion of long-term
debt - - - - - - -
Current capital leases - - - - - - 2
Notes payable - - 2 - - - 13
Accounts payable 7 - 3 - - 1 167
Accounts payable - related
parties - - - - - - 1
Accrued interest - - - - - - -
Accrued taxes - - - - - - 2
Other - - - - - - 25
------ ------ ------ ------ ------ ------ ------
7 - 5 - - 1 210
------ ------ ------ ------ ------ ------ ------
Non-current Liabilities
Postretirement benefits - - - - - - -
Deferred income taxes - - - - - - 23
Deferred investment tax credit - - - - - - -
Other - - - - - - -
------ ------ ------ ------ ------ ------ ------
- - - - - - 23
------ ------ ------ ------ ------ ------ ------
Total Stockholders' Equity
and Liabilities $ 54 $ 11 $ 26 $ 5 $ 4 $ (272) $ 505
====== ====== ====== ====== ====== ====== ======
(11) Represents CMS Field Services, Inc. and CMS Spearman Gas Processing, LLC
consolidated.
A-63
129
CMS OPERATING S.A
Consolidating Balance Sheet - Assets
December 31, 2000
(In Millions)
Centrales Inter- CMS
CMS Termicas CMS company Operating
Operating Mendoza Ensenada Elimina- S.A.
S.A. (12) S.A. S.A. tions Consol.
Plant and Property (At Cost)
Independent power production $ 4 $ 218 $ 93 $ - $ 315
Less accumulated depreciation,
depletion and amortization 1 36 15 - 52
------ ------ ------ ------- ------
3 182 78 - 263
Construction work-in-progress - 1 - - 1
------ ------ ------ ------- ------
3 183 78 - 264
------ ------ ------ ------- ------
Investments
Associated companies 284 - - (284) -
Other 9 - - - 9
------ ------ ------ ------- ------
293 - - (284) 9
------ ------ ------ ------- ------
Current Assets
Cash and temporary cash
investments 3 20 11 - 34
Accounts/notes receivable (3) 59 16 (1) 71
Materials and supplies - 9 - - 9
Deferred income taxes - - - - -
Prepayments and other - - - - -
------ ------ ------ ------- ------
- 88 27 (1) 114
------ ------ ------ ------- ------
Non-current Assets
Postretirement benefits - 5 - - 5
Other 25 - 1 - 26
------ ------ ------ ------- ------
25 5 1 - 31
------ ------ ------ ------- ------
Total Assets $ 321 $ 276 $ 106 $ (285) $ 418
====== ====== ====== ======= ======
(12) Represents CMS Operating S.A. and Cuyana S.A. de Inversiones consolidated.
A-64
130
CMS OPERATING S.A
Consolidating Balance Sheet - Equity and Liabilities
December 31, 2000
(In Millions)
Centrales Inter- CMS
CMS Termicas CMS company Operating
Operating Mendoza Ensenada Elimina- S.A.
S.A. (12) S.A. S.A. tions Consol.
Capitalization
Common Stockholders' Equity
Common stock $ 36 $ 36 $ - $ (36) $ 36
Other paid-in-capital 271 193 39 (232) 271
Revaluation capital - - - - -
Retained earnings 11 19 - (18) 12
------ ------ ------ ------- ------
318 248 39 (286) 319
Long-term debt - - 52 - 52
Non-current capital leases - - - - -
------ ------ ------ ------- ------
318 248 91 (286) 371
------ ------ ------ ------- ------
Minority Interests - 11 - - 11
------ ------ ------ ------- ------
Current Liabilities
Current portion of long-term
debt - - 7 - 7
Current capital leases - - - - -
Notes payable - - - - -
Accounts payable 1 6 5 2 14
Accounts payable - related
parties 1 - - (1) -
Accrued interest - - 1 - 1
Accrued taxes 1 9 (1) - 9
Other - (1) - - (1)
------ ------ ------ ------- ------
3 14 12 1 30
------ ------ ------ ------- ------
Non-current Liabilities
Postretirement benefits - - - - -
Deferred income taxes - 3 3 - 6
Deferred investment tax credit - - - - -
Other - - - - -
------ ------ ------ ------- ------
- 3 3 - 6
------ ------ ------ ------- ------
Total Stockholders' Equity
and Liabilities $ 321 $ 276 $ 106 $ (285) $ 418
====== ====== ====== ======= ======
(12) Represents CMS Operating S.A. and Cuyana S.A. de Inversiones consolidated.
A-65
131
CMS ENERGY CORPORATION
Consolidating Statement of Retained Earnings
December 31, 2000
(In Millions)
Consumers CMS Inter-
Energy Enterprises company CMS Energy
CMS Energy Company Company Elimina- Corporation
Corp. (1) Consol. Consol. tions Consol.
Balance at January 1, 2000 $ (189) $ 485 $ (307) $ (178) $ (189)
Consolidated Net Income (Loss) 102 304 20 (295) 131
Less Dividends Paid
Common Stock 167 - - - 167
Preferred Stock - 2 5 (5) 2
Preferred Securities Dist. 59 34 - - 93
Associated Companies 7 247 193 (447) -
------ ------ ------ ------ ------
233 283 198 (452) 262
------ ------ ------ ------ ------
Balance at December 31, 2000 $ (320) $ 506 $ (485) $ (21) $ (320)
====== ====== ====== ====== ======
(1) Represents CMS Energy Corporation with Consumers Energy Company and CMS
Enterprises Company included on the equity method of accounting.
A-66
132
CONSUMERS ENERGY COMPANY
Consolidating Statement of Retained Earnings
December 31, 2000
(In Millions)
Michigan CMS Inter- Consumers
Consumers Gas Midland CMS company Power
Energy Storage Holdings Midland Elimina- Company
Company (2) Company Company Inc. tions Consol.
Balance at January 1, 2000 $ 485 $ 30 $ 22 $ 96 $ (148) $ 485
Net Income (Loss) 305 6 10 28 (45) 304
Less Dividends Paid
Common Stock - - - - - -
Preferred Stock 2 - - - - 2
Preferred Securities Dist. 34 - - - - 34
Associated Companies 248 - - - (1) 247
------ ------ ------ ------ ------ ------
284 - - - (1) 283
------ ------ ------ ------ ------ ------
Balance at December 31, 2000 $ 506 $ 36 $ 32 $ 124 $ (192) $ 506
====== ====== ====== ====== ====== ======
(2) Represents Consumers Energy Company, CMS Engineering Company, Consumers
EnergyGuard Services, Inc., Huron Hydrocarbons, Inc. and ES Services
Company consolidated with Michigan Gas Storage Company, CMS Midland
Holdings Company and CMS Midland, Inc. included on the equity method of
accounting.
A-67
133
CMS ENTERPRISES COMPANY
Consolidating Statement of Retained Earnings
December 31, 2000
(In Millions)
CMS CMS CMS CMS CMS Gas
CMS Oil and Generation Resource Electric CMS Tran.
Enterprises Gas Co. Company Dev. & Gas MS & T Company
Company (3) Consol. Consol. Co. Company Company Consol.
Balance at January 1, 2000 $ (309) $ 88 $ (66) $ 3 $ (33) $ 7 $ (37)
Net Income (Loss) 22 51 (139) - 9 6 94
Less Dividends Paid
Common Stock - - - - - - -
Preferred Stock 5 - - - - - -
Associated Companies 193 - 90 - 8 - 98
------ ------ ------ ------ ------ ------ ------
198 - 90 - 8 - 98
------ ------ ------ ------ ------ ------ ------
Balance at December 31, 2000 $ (485) $ 139 $ (295) $ 3 $ (32) $ 13 $ (41)
====== ====== ====== ====== ====== ====== ======
(Continued on Following Page)
A-68
134
CMS ENTERPRISES COMPANY
Consolidating Statement of Retained Earnings
December 31, 2000
(In Millions)
(Continued from Previous Page)
CMS CMS Inter- CMS
CMS Operating CMS Dist. company Enterprises
Land S.A. Co. Capital Power Elimina- Company
Company Consol. Corp. LLC tions Consol.
Balance at January 1, 2000 $ (1) $ 6 $ 10 $ - $ 25 $ (307)
Net Income (Loss) - 6 5 1 (35) 20
Less Dividends Paid
Common Stock - - - - - -
Preferred Stock - - - - - 5
Associated Companies - - - - (196) 193
------ ------ ------ ------ ------ ------
- - - - (196) 198
------ ------ ------ ------ ------ ------
Balance at December 31, 2000 $ (1) $ 12 $ 15 $ 1 $ 186 $ (485)
====== ====== ====== ====== ====== ======
(3) Represents CMS Enterprises Company, CMS Capital Financial Services, Inc.,
Monarch Management Company, CMS Comercializadora de Energia S.A., CMS
Energy Asia Private Limited, CMS Energy South America Company and CMS
Energy UK Limited consolidated with CMS Oil and Gas Company, CMS Generation
Company, CMS Land Company, CMS Distributed Power LLC, CMS Operating S.A.
Company, CMS Capital Corporation, CMS Marketing, Services and Trading
Company, CMS Gas Transmission Company, CMS Resource Development Company and
CMS Electric and Gas Company included on the equity method of accounting.
A-69
135
CMS OIL AND GAS COMPANY
Consolidating Statement of Retained Earnings
December 31, 2000
(In Millions)
CMS CMS CMS CMS CMS CMS
CMS Oil & Gas Oil & Gas Oil & Gas Oil & Gas Oil & Gas Oil & Gas
Oil and Gas Congo Int'l. Ecuador Pipeline Venezuela E.G.
Company (4) Ltd. Ltd. LDC Co. LDC LDC
Balance at January 1, 2000 $ 93 $ 2 $ (28) $ (7) $ 1 $ - $ 2
Net Income (Loss) 50 3 39 7 - 12 1
Less Dividends Paid
Common Stock - - - - - - -
Associated Companies - - - - - - -
------ ------ ------ ------ ------ ------ ------
- - - - - - -
------ ------ ------ ------ ------ ------ ------
Balance at December 31, 2000 $ 143 $ 5 $ 11 $ - $ 1 $ 12 $ 3
====== ====== ====== ====== ====== ====== ======
(Continued on Following Page)
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136
CMS OIL AND GAS COMPANY
Consolidating Statement of Retained Earnings
December 31, 2000
(In Millions)
(Continued from Previous Page)
CMS CMS Explota- CMS Inter- CMS
Oil & Gas Oil & Gas ciones CMS Terra Oil & Gas company Oil & Gas
E.G. Alba Oil & Gas Energy Interna. Elimina- Company
Ltd. LDC Co. Ltd. Co. Consol. tions Consol.
Balance at January 1, 2000 $ 14 $ 2 $ (31) $ (2) $ 19 $ 23 $ 88
Net Income (Loss) 18 3 4 2 13 (101) 51
Less Dividends Paid
Common Stock - - - - - - -
Associated Companies - - - - - - -
------ ------ ------ ------ ------ ------ ------
- - - - - - -
------ ------ ------ ------ ------ ------ ------
Balance at December 31, 2000 $ 32 $ 5 $ (27) $ - $ 32 $ (78) $ 139
====== ====== ====== ====== ====== ====== ======
(4) Represents CMS Oil and Gas Company consolidated with CMS Oil and Gas
International Company included on the equity method of accounting.
A-71
137
CMS OIL AND GAS INTERNATIONAL COMPANY
Consolidating Statement of Retained Earnings
December 31, 2000
(In Millions)
CMS CMS NOMECO CMS Oil & CMS Inter- CMS
Oil & Gas Int'l Gas Int'l Gas & Oil company Oil & Gas
Int'l Congo Hld., Tunisia, Cameroon, Elimina- Int'l. Co.
Co. (5) Inc. Inc. Inc. tions Consol.
Balance at January 1, 2000 $ 13 $ 17 $ 4 $ (1) $ (14) $ 19
Net Income (Loss) 12 6 8 - (13) 13
Less Dividends Paid
Common Stock - - - - - -
Associated Companies - - - - - -
------ ------ ------ ------ ------ ------
- - - - - -
------ ------ ------ ------ ------ ------
Balance at December 31, 2000 $ 25 $ 23 $ 12 $ (1) $ (27) $ 32
====== ====== ====== ====== ====== ======
(5) Represents CMS Oil and Gas International Company and CMS Oil and Gas
International Transportation Company consolidated.
A-72
138
CMS GENERATION COMPANY
Consolidating Statement of Retained Earnings
December 31, 2000
(In Millions)
CMSG CMSG CMSG Dearborn
CMS Honey Filer CMSG Grayling CMSG Generation
Generation Lake City Grayling Holdings Operating Operating
Co. (6) Company Inc. Company Company Company LLC
Balance at January 1, 2000 $ (65) $ 16 $ 6 $ (4) $ (4) $ 1 $ -
Net Income (Loss) (139) - 3 - - 1 1
Less Dividends Paid
Common Stock - - - - - - -
Associated Companies 90 5 1 - 2 - -
------ ------ ------ ------ ------ ------ ------
90 5 1 - 2 - -
------ ------ ------ ------ ------ ------ ------
Balance at December 31, 2000 $ (294) $ 11 $ 8 $ (4) $ (6) $ 2 $ 1
====== ====== ====== ====== ====== ====== ======
(Continued on Following Page)
A-73
139
CMS GENERATION COMPANY
Consolidating Statement of Retained Earnings
December 31, 2000
(In Millions)
(Continued from Previous Page)
Dearborn CMS CMSG CMSG HYDRA-CO
Indust. CMS CMSG Int'l. Inv Co. Michigan Enter-
Generation Generation Recycling Operating I Power prises
LLC S.A. Company Co. Consol. LLC Consol.
Balance at January 1, 2000 $ 7 $ (5) $ (1) $ 5 $ 107 $ - $ (117)
Net Income (Loss) - (1) - 2 (275) 8 34
Less Dividends Paid
Common Stock - - - - - - -
Associated Companies - - - - - 7 69
------ ------ ------ ------ ------ ------ ------
- - - - - 7 69
------ ------ ------ ------ ------ ------ ------
Balance at December 31, 2000 $ 7 $ (6) $ (1) $ 7 $ (168) $ 1 $ (152)
====== ====== ====== ====== ====== ====== ======
(Continued on Following Page)
A-74
140
CMS GENERATION COMPANY
Consolidating Statement of Retained Earnings
December 31, 2000
(In Millions)
(Continued from Previous Page)
CMS Oxford Inter- CMS
CMSG CMSG Generation CMS company Generation
Holdings Altoona Inv. Co. Development Elimina- Company
Company Company III L.P. tions Consol.
Balance at January 1, 2000 $ (6) $ 5 $ 5 $ (33) $ 17 $ (66)
Net Income (Loss) - 1 1 1 224 (139)
Less Dividends Paid
Common Stock - - - - - -
Associated Companies 6 - 4 - (94) 90
------ ------ ------ ------ ------ ------
6 - 4 - (94) 90
------ ------ ------ ------ ------ ------
Balance at December 31, 2000 $ (12) $ 6 $ 2 $ (32) $ 335 $ (295)
====== ====== ====== ====== ====== ======
(6) Represents CMS Generation Company, CMSG Filer City Operating Company, CMSG
Mon Valley Company, CMSG Genesee Company, CMSG Lyonsdale Company, CMSG
Chateaugay Company, Mid-Michigan Recycling LLC, CMSG Montreal Company, CMS
Centrales Termicas S.A. and Taweelah A2 Operating Company consolidated with
HYDRA-CO Enterprises, Inc. and CMSG Investment Company I included on the
equity method of accounting.
A-75
141
HYDRA-CO ENTERPRISES, INC.
Consolidating Statement of Retained Earnings
December 31, 2000
(In Millions)
HYDRA-CO CMS New HCE
Enter- HCE Generation Bern Lakewood CMSG Imperial
prises, Hudson, Oper. Co. Project Cogen. Stratton Valley
Inc. (7) Inc. II Mgt. Inc. L.P. Co. Inc.
Balance at January 1, 2000 $ (112) $ 4 $ - $ 1 $ (3) $ (15) $ (2)
Net Income (Loss) 30 3 1 - 3 - -
Less Dividends Paid
Common Stock - - - - - - -
Associated Companies 69 1 2 - - 3 -
------ ------ ------ ------ ------ ------ ------
69 1 2 - - 3 -
------ ------ ------ ------ ------ ------ ------
Balance at December 31, 2000 $ (151) $ 6 $ (1) $ 1 $ - $ (18) $ (2)
====== ====== ====== ====== ====== ====== ======
(Continued on Following Page)
A-76
142
HYDRA-CO ENTERPRISES, INC.
Consolidating Statement of Retained Earnings
December 31, 2000
(In Millions)
(Continued from Previous Page)
HCE Inter- HYDRO-CO
Rockport company Enter-
Diesel Elimina- prises
Inc. tions Consol.
Balance at January 1, 2000 $ 2 $ 8 $ (117)
Net Income (Loss) 2 (5) 34
Less Dividends Paid
Common Stock - - -
Associated Companies 4 (10) 69
------ ------ ------
4 (10) 69
------ ------ ------
Balance at December 31, 2000 $ - $ 13 $ (152)
====== ====== ======
(7) Represents HYDRA-CO Enterprises, Inc., HCE-Appomattox, Inc., HCE-Biopower,
Inc., HCE-Jamaica Development, Inc. and HCE-Lakewood, Inc. consolidated.
A-77
143
CMS GENERATION INVESTMENT COMPANY I
Consolidating Statement of Retained Earnings
December 31, 2000
(In Millions)
CMSG CMSG Jorf Jorf
CMSG CMSG CMSG Loy Yang Loy Yang Lasfar Lasfar
Inv. Co. Pinamucan Cebu Holdings Holdings Handels- Energia-
I (8) LDC LDC 1 Ltd. 2 Ltd. bolag HB ktiebolag
Balance at January 1, 2000 $ 104 $ (5) $ 5 $ (40) $ (41) $ 1 $ 44
Net Income (Loss) (272) - 2 (175) (178) 2 29
Less Dividends Paid
Common Stock - - - - - - -
Associated Companies - - - - - - -
------ ------ ------ ------ ------ ------ ------
- - - - - - -
------ ------ ------ ------ ------ ------ ------
Balance at December 31, 2000 $ (168) $ (5) $ 7 $ (215) $ (219) $ 3 $ 73
====== ====== ====== ====== ====== ====== ======
(Continued on Following Page)
A-78
144
CMS GENERATION INVESTMENT COMPANY I
Consolidating Statement of Retained Earnings
December 31, 2000
(In Millions)
(Continued from Previous Page)
Jorf CMSG CMS Inter- CMSG
Lasfar Jorf CMSG Takoradi company Investment
PE Lasfar Taweelah Invest Monetize Elimina- Co. I
Aktie. I/II LDC Ltd. Company Limited tions Consol.
Balance at January 1, 2000 $ 41 $ (2) $ 4 $ - $ 5 $ (9) $ 107
Net Income (Loss) 27 2 (3) 10 6 275 (275)
Less Dividends Paid
Common Stock - - - - - - -
Associated Companies - - - - 4 (4) -
------ ------ ------ ------ ------ ------ ------
- - - - 4 (4) -
------ ------ ------ ------ ------ ------ ------
Balance at December 31, 2000 $ 68 $ - $ 1 $ 10 $ 7 $ 270 $ (168)
====== ====== ====== ====== ====== ====== ======
(8) Represents CMSG Investment Company I, CMSG Investment Company II, CMSG
Investment Company IV, CMSG Jegurupadu I LDC and CMSG Jegurupadu II LDC
consolidated.
A-79
145
CMS GAS TRANSMISSION COMPANY
Consolidating Statement of Retained Earnings
December 31, 2000
(In Millions)
CMS CMS CMS CMS Grand
CMS Gas CMS Saginaw Gas Saginaw Jackson Lacs
Transmission Antrim Bay Argentina Bay Lat. Pipeline Limited
Company (9) Company Company Company Company Company Part.
Balance at January 1, 2000 $ (36) $ - $ (1) $ 35 $ (2) $ - $ 5
Net Income (Loss) 94 3 - 11 - 1 1
Less Dividends Paid
Common Stock - - - - - - -
Associated Companies 98 3 - 4 1 1 -
------ ------ ------ ------ ------ ------ ------
98 3 - 4 1 1 -
------ ------ ------ ------ ------ ------ ------
Balance at December 31, 2000 $ (40) $ - $ (1) $ 42 $ (3) $ - $ 6
====== ====== ====== ====== ====== ====== ======
(Continued on Following Page)
A-80
146
CMS GAS TRANSMISSION COMPANY
Consolidating Statement of Retained Earnings
December 31, 2000
(In Millions)
(Continued from Previous Page)
CMS CMS CMS Gas Panhandle CMS CMS Gas CMS Gold-
Marysville Field Trans. of Eastern Grand Lacs Transmission fields GT
Gas Liquids Services, Australia Pipe Line Holding del Sur Aust. Pty.
Company Inc. Consol. Hold. Co. Co. Consol. Company Company Ltd.
Balance at January 1, 2000 $ 2 $ 31 $ 15 $ - $ (2) $ (3) $ 1
Net Income (Loss) 2 5 2 64 2 - 4
Less Dividends Paid
Common Stock - - - - - - -
Associated Companies 6 - - 70 6 - -
------ ------ ------ ------ ------ ------ ------
6 - - 70 6 - -
------ ------ ------ ------ ------ ------ ------
Balance at December 31, 2000 $ (2) $ 36 $ 17 $ (6) $ (6) $ (3) $ 5
====== ====== ====== ====== ====== ====== ======
(Continued on following Page)
A-81
147
CMS GAS TRANSMISSION COMPANY
Consolidating Statement of Retained Earnings
December 31, 2000
(In Millions)
(Continued from Previous Page)
Inter- CMS Gas
Company Trans.
Elimina- Company
tions Consol.
Balance at January 1, 2000 $ (82) $ (37)
Net Income (Loss) (95) 94
Less Dividends Paid
Common Stock - -
Associated Companies (91) 98
------ ------
(91) 98
------ ------
Balance at December 31, 2000 $ (86) $ (41)
====== ======
(9) Represents CMS Gas Transmission Company, Tristate Pipeline LLC and Western
Australia Gas Transmission Company I consolidated with CMS Field Services,
Inc. and Panhandle Eastern Pipe Line Company included on the equity method
of accounting.
A-82
148
PANHANDLE EASTERN PIPE LINE COMPANY
Consolidating Statement of Retained Earnings
December 31, 2000
(In Millions)
Panhandle Inter- Panhandle
Eastern Pipe Trunkline Trunkline Pan Gas company Eastern
Line Co. Gas LNG Storage Elimina- Pipe Line
Consol. (10) Company Company Company tions Co. Cons.
Balance at January 1, 2000 $ 1 $ 107 $ 2 $ 52 $ (162) $ -
Net Income (Loss) 64 22 14 17 (53) 64
Less Dividends Paid
Common Stock - - - - - -
Associated Companies 70 9 28 94 (131) 70
------ ------ ------ ------ ------ ------
70 9 28 94 (131) 70
------ ------ ------ ------ ------ ------
Balance at December 31, 2000 $ (5) $ 120 $ (12) $ (25) $ (84) $ (6)
====== ====== ====== ====== ====== ======
(10) Represents Panhandle Eastern Pipe Line Company, Sea Robin Pipeline Company,
CMS Panhandle Eastern Resources, Inc., CMS Panhandle Storage Company,
Trunkline Field Services Company and CMS Trunkline Pipeline Holdings, Inc.
consolidated.
A-83
149
CMS FIELD SERVICES, INC.
Consolidating Statement of Retained Earnings
December 31, 2000
(In Millions)
CMS CMS CMS CMS Cherokee Heritage CMS/Taurus
Field Gas Laverne Nat. Gas Gas Gas Holdings
Services, Processing Gas Proc. Gathering Processing Gathering Company,
Inc. (11) LLC LLC LLC LLC LLC Inc.
Balance at January 1, 2000 $ 21 $ - $ - $ (2) $ 11 $ 1 $ -
Net Income (Loss) (7) (1) 1 (1) 6 1 5
Less Dividends Paid
Common Stock - - - - - - -
Associated Companies - - - - - - -
------ ------ ------ ------ ------ ------ ------
- - - - - - -
------ ------ ------ ------ ------ ------ ------
Balance at December 31, 2000 $ 14 $ (1) $ 1 $ (3) $ 17 $ 2 $ 5
====== ====== ====== ====== ====== ====== ======
(Continued on following Page)
A-84
150
CMS FIELD SERVICES, INC.
Consolidating Statement of Retained Earnings
December 31, 2000
(In Millions)
(Continued from Previous Page)
CMS/Okla CMS Roaring Inter- CMS
Nat. Gas Gas Bradshaw Creek Company Field
Gathering Processing Energy Gas Svcs. Elimina- Services
LLC LLC LLC LLC tions Inc. Cons.
Balance at January 1, 2000 $ 1 $ (2) $ - $ 1 $ - $ 31
Net Income (Loss) - - 1 - - 5
Less Dividends Paid
Common Stock - - - - - -
Associated Companies - - - - - -
------ ------ ------ ------ ------ ------
- - - - - -
------ ------ ------ ------ ------ ------
Balance at December 31, 2000 $ 1 $ (2) $ 1 $ 1 $ - $ 36
====== ====== ====== ====== ====== ======
(11) Represents CMS Field Services, Inc., CMS Spearman Gas Processing LLC and
CMS Hydrocarbons, LLC consolidated.
A-85
151
CMS CENTRALES TERMICAS S.A.
Consolidating Statement of Retained Earnings
December 31, 2000
(In Millions)
Centrales Inter- CMS
CMS Termicas CMS company Operating
Operating Mendoza Ensenada Elimina- S.A.
S.A.(12) S.A. S.A. tions Consol.
Balance at January 1, 2000 $ 6 $ 7 $ (1) $ (6) $ 6
Net Income 5 12 1 (12) 6
Less Dividends Paid
Common Stock - - - - -
Associated Companies - - - - -
------ ------ ------ ------ ------
- - - - -
------ ------ ------ ------ ------
Balance at December 31, 2000 $ 11 $ 19 $ - $ (18) $ 12
====== ====== ====== ====== ======
(12) Represents CMS Operating S.A. and Cuyana S.A. de Inversiones consolidated.
A-86
152
EXHIBIT B
An organizational chart showing the relationship of each EWG or foreign utility
company to associate companies in the holding company system.
EXEMPT WHOLESALE GENERATORS
CENTRALES TERMICAS SAN NICOLAS, S.A.
(CTSN)
CMS Energy Corporation
*
*
*
CMS Enterprises Company
*
*
*
CMS Generation Co.
*
*
* 0.1%
CMS Generation San Nicolas Company
*
*
* 0.1%
Inversora de San Nicolas, S.A.
*
*
* 88%
Centrales Termicas San Nicolas, S.A.
CMS Generation San Nicolas Company, owned 0.1% by CMS Generation Co., owns 0.1%
of Inversora de San Nicolas, which in turn owns 88% of Centrales Termicas San
Nicolas, S.A., the EWG.
B-1
153
An organizational chart showing the relationship of each EWG or foreign utility
company to associate companies in the holding company system.
CMS DISTRIBUTED POWER, L.L.C.
(CDP)
CMS Energy Corporation
*
*
*
CMS Enterprises Company
*
*
*
CMS Distributed Power, L.L.C.
CMS Distributed Power, L.L.C., the EWG, is 100% owned by CMS Enterprises
Company, which is a wholly owned subsidiary of CMS Energy Corporation.
B-2
154
An organizational chart showing the relationship of each EWG or foreign utility
company to associate companies in the holding company system.
CMS ENSENADA S.A.
(Ensenada)
CMS Energy Corporation
*
*
*
CMS Enterprises Company
* *
* *
* CMS Generation Company
* *
* *
* CMS Generation Holdings Company
* *
* 99% * 1%
CMS Operating S.A.
| *
Operator | * 99%
| *
--------------- CMS Ensenada S.A.
CMS Operating S.A., which is 99% owned by CMS Enterprises Company, and 1% by
CMS Generation Holdings Company, owns 99% of CMS Ensenada S.A., the EWG.
B-3
155
An organizational chart showing the relationship of each EWG or foreign utility
company to associate companies in the holding company system.
CMS GENERATION CEBU LIMITED DURATION COMPANY
(Cebu)
and
CMS GENERATION CEBU OPERATING LIMITED DURATION COMPANY
(Cebu Operating)
CMS Energy Corporation
*
*
*
CMS Enterprises Company
*
*
*
**CMS Generation Co.
* *
* *
* *
CMS Generation CMS Generation
Investment Co. I Investment Co. II
* 99% *99% * 1% * 1%
* * * *
* * * * *
* * * *
* * * *
CMS Generation Cebu Limited CMS Generation Cebu
Duration Company * Operating Limited
* * Duration Company
* * |
* * | Operator
* 40% * 47.5% |
Toledo Holdings Corp. Toledo Power Company*
CMS Generation Investment Company I and CMS Generation Investment Company II,
each owned 100% by CMS Generation Co., own 99% and 1%, respectively, of CMS
Generation Cebu Limited Duration Company, the EWG.
CMS Generation Investment Company I and CMS Generation Investment Company II,
each owned 100% by CMS Generation Co., own 99% and 1%, respectively, of CMS
Generation Cebu Operating Limited Duration Company, the EWG.
B-4
156
An organizational chart showing the relationship of each EWG or foreign utility
company to associate companies in the holding company system.
CMS GENERATION MICHIGAN POWER LLC
CMS Energy Corporation
*
*
*
CMS Enterprises Company
*
*
*
CMS Generation Co.
*
*
*
CMS Generation Michigan Power LLC
CMS Generation Co., a wholly owned subsidiary of CMS Enterprises, owns 100% of
CMS Generation Michigan Power LLC, the EWG.
B-5
157
An organizational chart showing the relationship of each EWG or foreign utility
company to associate companies in the holding company system.
CMS GENERATION OPERATING COMPANY
CMS Energy Corporation
*
*
*
CMS Enterprises Company
*
*
*
CMS Generation Co.
*
*
*
CMS Generation Operating Company
CMS Generation Co., a wholly owned subsidiary of CMS Enterprises, owns 100% of
CMS Generation Operating Company, the EWG.
B-6
158
An organizational chart showing the relationship of each EWG or foreign utility
company to associate companies in the holding company system.
CMS MOROCCO OPERATING COMPANY SCA
(CMS Morocco)
and
CMS INTERNATIONAL OPERATING COMPANY
CMS Energy Corporation
*
*
CMS Enterprises Company
*
*
CMS Generation Co.
* *
* *
* *
* * CMS International Operating Company CMS Generation Investment Company I
* * * * *
* * * * *
* * * 50% * 50% *
* * CMS Generation Jorf Lasfar III *
* * Limited Duration Company *
* * * * *
* * * * *
* * 99% * 1% * *
* Jorf Lasfar Operations * *
* Handelesbolag * *
* * * *
* * * *
* 0.1% * 99.7% * 0.1% * 0.1%
* * * * * * * * * * * * CMS Morocco Operating Company SCA* * * * * * *
CMS International Operating Company, the EWG, is 100% owned by CMS Generation
Co.
Jorf Lasfar Operations Handelesbolag, owned 99% by CMS International Operating
Company, and 1% by CMS Generation Jorf Lasfar III Limited Duration Company, owns
99.7% of CMS Morocco Operating Company SCA ("CMS Morocco"), the EWG. CMS
International Operating Company and CMS Generation Investment Company I, each
owned 100% by CMS Generation Co., each own 0.1% of CMS Morocco, the EWG. CMS
Generation Jorf Lasfar III Limited Duration Company, owned 50% by CMS
International Operating Company and 50% by CMS Investment Company I, owns 0.1%
of CMS Morocco, the EWG.
B-7
159
An organizational chart showing the relationship of each EWG or foreign utility
company to associate companies in the holding company system.
DEARBORN GENERATION OPERATING L.L.C.
and
DEARBORN INDUSTRIAL GENERATION, L.L.C.
CMS Energy Corporation
*
*
*
CMS Enterprises Company
*
*
*
*********CMS Generation Co.*********
* *
* *
* *
Dearborn Generation Dearborn Industrial
Operating L.L.C. Energy, L.L.C.
*
*
Dearborn Industrial
Generation, L.L.C.
Dearborn Generation Operating L.L.C., the EWG, is 100% owned by CMS Generation
Co.
Dearborn Industrial Generation, the EWG, is 100% owned by Dearborn Industrial
Energy, L.L.C., which is a wholly owned subsidiary of CMS Generation Company.
B-8
160
An organizational chart showing the relationship of each EWG or foreign utility
company to associate companies in the holding company system.
GMR VASAVI POWER CORPORATION PRIVATE LIMITED
(GMR Vasavi)
CMS Energy Corporation
*
*
*
*
CMS Enterprises Company
*
*
*
*
CMS Generation Co.
*
*
*
*
CMS Generation Investment Co. I
*
*
*
*
CMS Energy Mauritius
*
* 49%
*
*
GMR Vasavi Power Corporation Private Limited
CMS Energy Mauritius, a wholly owned subsidiary of CMS Generation Investment
Company I, owns 49% of GMR Vasavi Power Corporation Private Limited, the EWG.
B-9
161
An organizational chart showing the relationship of each EWG or foreign utility
company to associate companies in the holding company system.
GVK INDUSTRIES LIMITED
(GVK)
CMS Energy Corporation
*
*
*
CMS Enterprises Company
*
*
*
CMS Generation Co.
*
*
*
CMS Generation Investment Company III
*
*
*
Jegurupadu CMS Generation Company Ltd.
*
* 18.75%
*
GVK Industries Ltd.
Jegurupadu CMS Generation Company Ltd., a wholly owned subsidiary of CMS
Generation Investment Company III, owns 18.75% of GVK Industries Ltd., the EWG.
B-10
162
An organizational chart showing the relationship of each EWG or foreign utility
company to associate companies in the holding company system.
HIDROELECTRICA EL CHOCON, S.A.
(Hidroelectrica)
CMS Energy Corporation
*
*
*
CMS Enterprises Company
*
*
*
*CMS Generation Co.*
* *
* *
* *
* CMS Generation Holdings Company
* *
*99.9% * 0.1%
* *
CMS Generation, S.A.
* *
* *
* * 25%
* Hidroinvest, S.A.
* *
* *
* 2.48% * 59%
Hidroelectrica El Chocon, S.A.
CMS Generation, S.A., owned 99.9% by CMS Generation Co. and 0.1% by CMS
Generation Holdings Company, owns 25% of Hidroinvest which in turn owns 59% of
Hidroelectrica El Chocon, S.A., the EWG. CMS Generation, S.A. directly owns
2.48% of Hidroelectrica El Chocon, S.A., the EWG.
B-11
163
An organizational chart showing the relationship of each EWG or foreign utility
company to associate companies in the holding company system.
JAMAICA PRIVATE POWER COMPANY LIMITED
(Jamaica Private Power)
and
PRIVATE POWER OPERATORS LIMITED
(Private Power Operators)
CMS Energy Corporation
*
*
*
CMS Enterprises Company
*
*
*
CMS Generation Co.
*
*
*
HYDRA-CO ENTERPRISES, INC.
* *
* *
* *
CMS Generation Operating Company II, Inc. HCE-Rockfort Diesel, Inc.
* *
* * 43.93%
* *
HCO-Jamaica, Inc. Jamaica Private Power
* Company Limited
* 50%
*
Private Power Operators Limited
(Operator)
HCE-Rockfort Diesel, Inc., owned 100% by HYDRA-CO Enterprises, Inc., owns 43.93%
of Jamaica Private Power Company Limited, the EWG.
HCO-Jamaica, Inc., owned 100% by CMS Generation Operating Company II, Inc., owns
50% of Private Power Operators Limited, the EWG.
B-12
164
An organizational chart showing the relationship of each EWG or foreign utility
company to associate companies in the holding company system.
JEGURUPADU OPERATING AND MAINTENANCE COMPANY
(Jegurupadu Operating)
CMS Energy Corporation
*
*
*
CMS Enterprises Company
*
*
*
CMS Generation Co.
*
*
*
CMS Generation Investment Co I
/ \
/ \
/ CMS Investment Co IV
/ \
/ \
CMS Generation Investment Co. I CMS Generation Investment Co. II
* 99% 99% * * 1% * 1%
* * * *
* * * *
* * * *
CMS Generation Jegurupadu I CMS Generation Jegurupadu II
Limited Duration Company Limited Duration Company
* *
50% * * 50%
Jegurupadu O&M Company Mauritius
*
* 60%
*
Jegurupadu Operating and Maintenance Company
Jegurupadu O&M Company Mauritius, owned 50% by CMS Generation Jegurupadu I
Limited Duration Company and 50% by CMS Generation Jegurupadu II Limited
Duration Company, owns 60% of Jegurupadu Operating and Maintenance Company, the
EWG.
B-13
165
An organizational chart showing the relationship of each EWG or foreign utility
company to associate companies in the holding company system.
JORF LASFAR ENERGY COMPANY SCA
(Jorf Lasfar)
CMS Energy Corporation
*
*
*
CMS Enterprises Company
*
*
*
CMS Generation Co.************************
* * *
* * CMS International
* * Operating Company-----
* * |
CMS Generation Investment Company I CMS Generation Investment Company II|
* 99% * 99% * 1% * 1% |
* * * * |
* * * |
* * |
* * * * |
CMS Generation Jorf Lasfar I Limited CMS Generation Jorf Lasfar II Limited
Duration Company * * * Duration Company |
* 50% * * * * 50% |
* * * * * |
* * *50% * * *50% * |
* * * * * |
* * * 50% * 50% * * |
Jorf Lasfar Handelsbolag Jorf Lasfar I HB Jorf Lasfar Power Energy HB |
*2% * 25% * 23% |
* * * Operator |
* * * |
****************Jorf Lasfar Energy Company SCA--------------------|
Jorf Lasfar Handelsbolag, Jorf Lasfar I HB and Jorf Lasfar Power Energy HB, each
owned 50% by CMS Generation Jorf Lasfar I Limited Duration Company and 50% by
CMS Generation Jorf Lasfar II Limited Duration Company, own 2%, 25% and 23%,
respectively, of Jorf Lasfar Energy Company SCA, the EWG.
B-14
166
An organizational chart showing the relationship of each EWG or foreign utility
company to associate companies in the holding company system.
NATIONAL POWER SUPPLY CO. LTD.
CMS Energy Corporation
*
*
*
CMS Enterprises Company
*
*
*
CMS Generation Co.
*
*
*
CMS Generation Investment Co. I
*
*
* 66.24%
National Power Supply Co. Ltd.
CMS Generation Co. owns 100% of CMS Generation Investment Co. I, which owns
66.24% of National Power Supply Co. Ltd., the EWG.
B-15
167
An organizational chart showing the relationship of each EWG or foreign utility
company to associate companies in the holding company system.
PANENERGY LAKE CHARLES GENERATION, INC.
CMS Energy Corporation
*
*
CMS Enterprises Company
*
*
CMS Gas Transmission and Storage Company
*
*
Panhandle Eastern Pipe Line Company
*
*
Trunkline Field Services Company
*
*
PanEnergy Lake Charles Generation, Inc.
CMS Gas Transmission and Storage Company owns 100% of Panhandle Eastern Pipe
Line Company, which owns 100 % of Trunkline Field Services Company, which owns
100% of PanEnergy Lake Charles Generation, Inc., the EWG.
B-16
168
An organizational chart showing the relationship of each EWG or foreign utility
company to associate companies in the holding company system.
TAKORADI INTERNATIONAL COMPANY
CMS Energy Corporation
*
*
*
CMS Enterprises Company
*
*
*
*******CMS Generation Co.*****
* *
* *
* *
CMS International CMS Generation
Operating Company Investment Co. I
| *
| *
| *
| CMS Takoradi Investment Company
| *
|Operator *
| *
| CMS Takoradi Investment
| Company II
| *
| * 90%
| *
Takoradi International Company
CMS Generation Co. owns 100% of CMS Generation Investment Co. I, which owns 100%
of CMS Takoradi Investment Company, which owns 100% of CMS Takoradi Investment
Company II, which owns 90% of Takoradi International Company, the EWG.
B-17
169
An organizational chart showing the relationship of each EWG or foreign utility
company to associate companies in the holding company system.
FOREIGN UTILITY COMPANIES
CMS GENERATION HORIZON ENERGY HOLDINGS LIMITED
(CMSG Horizon)
and
HORIZON ENERGY HOLDINGS LIMITED
(Horizon Energy)
CMS Energy Corporation
*
*
CMS Enterprises Company
*
*
CMS Generation Co.
*
*
CMS Generation Investment Co. I
* *
* *
* *
CMS Generation Loy Yang CMS Generation Loy Yang
Holdings 1 Ltd. Holdings 2 Ltd.
* *
* *
* *
Horizon Energy Holdings Ltd. CMS Generation Horizon
* * * Energy Holdings Ltd.
* * * * * *
* * * 24.63% * 25% * *
* * Loy Yang Power Partners (1) * *
* * * *
* * 24.63% * 25% *
* *** Loy Yang Power Projects Pty. Ltd.*** *
* *
* 24.63% * 25%
*********Loy Yang Power Management Pty. Ltd. **************
CMS Generation Investment Company I owns 100% of CMS Generation Loy Yang
Holdings 1 Ltd. which owns 100% of Horizon Energy Holdings Limited, the foreign
utility company.
CMS Generation Investment Company I owns 100% of CMS Generation Loy Yang
Holdings 2 Ltd. which owns 100% of CMS Generation Horizon Energy Holdings Ltd.,
the foreign utility company.
(1) Horizon Energy Partners, which has foreign utility company authorization,
has changed its name to Loy Yang Power Partners.
B-18
170
An organizational chart showing the relationship of each EWG or foreign utility
company to associate companies in the holding company system.
CMS OPERATING S.A.
CMS ENERGY CORPORATION
*
*
*
CMS ENTERPRISES COMPANY
*
*
*
CMS OPERATING S.A.
CMS Energy Corporation owns, CMS Enterprises Company, which owns CMS Operating
S.A.
B-19
171
An organizational chart showing the relationship of each EWG or foreign utility
company to associate companies in the holding company system.
COMPANHIA PAULISTA DE ENERGIA ELECTRICA S.A.
(CPEE)
and
COMPANHIA SUL PAULISTA DE ENERGIA S.A.
(CSPE)
and
COPMANHIA JAGUARI DE ENERGIA S.A.
(Jaguari)
and
COMPANHIA LUZ E FORCA DE MOCOCA S.A.
(Mococa)
CMS Energy Corporation
*
*
*******CMS Enterprises Company**
* *
* *
CMS Electric and Gas Company *
* *
* 99% * 1%
Financial Joint Venture, L.L.C.*
*
*
CMS Distribuidora, Ltda.
*
* 99.99%
CMS Participacues Ltda.
*
* 99.99%
CPEE
* *
* 81.22% *
CSPE *
* *
*
*****Jaguari
*
*
****Mococa***
CPEE, the foreign utility company, is owned 99.99% by CMS Participacues Ltda,
which is owned 99.99% by CMS Distribuidora, Ltd., a wholly owned subsidiary of
Financial Joint Venture, LLC.
CSPE, the foreign utility company, is owned 81.22% by CPEE.
Jaguari, the foreign utility company, is owned 100% by CSPE Mococo. Mococo, the
foreign utility, is owned 100% by Jaguari.
B-20
172
An organizational chart showing the relationship of each EWG or foreign utility
company to associate companies in the holding company system.
EMIRATES CMS POWER COMPANY
CMS Energy Corporation
*
*
*
CMS Enterprises Company
*
*
*
CMS Generation Investment Company I
*
*
*
CMS Generation Investment Company VI
*
*
*
CMS Generation Investment Company VII
*
*
*
CMS Generation Taweelah Limited
*
*
* 40%
Emirates CMS Power Company
Emirates CMS Power Company, the foreign utility company, is owned 40% by CMS
Generation Taweelah Limited.
B-21
173
An organizational chart showing the relationship of each EWG or foreign
utility company to associate companies in the holding company system
EMPRESA DISTRIBUIDORA DE ELECTRICIDAD DE ENTRE RIOS S.A.
(EDEER)
CMS Energy Corporation
*
*
*
*
CMS Enterprises Company
*
*
*
*
------------CMS Electric and Gas Company
| *
| * 51%
| Compania de Inversiones en Energia Electrica S.A.
| *
| * 53.5%
Consulting| Inversora en Distribucion de Entre Rios S.A.
Agreement | *
| *
| * 90%
| *
| *
|--------Empresa Distribuidora de Electricidad de Entre Rios S.A.
CMS Electric and Gas Company, which is 100% owned by CMS Enterprises
Company, owns 51% of Compania de Inversiones en Energia Electrica,
S.A.(CIEESA). CIEESA owns 53.5% of Inversora en Distribucion de Entre Rios
S.A., which owns 90% of Empresa Distribuidora de Electricidad de Entre Rios
S.A., the foreign utility company.
B-22
174
An organizational chart showing the relationship of each EWG or foreign utility
company to associate companies in the holding company system.
SISTEMA ELECTRICO NUEVA ESPARTA C.A.
(Seneca)
CMS Energy Corporation
*
*
*
CMS Enterprises Company
*
*
*
CMS Electric and Gas Company
* *
* *
* CMS Venezuela
* 60% |
* | Consulting Agreement
ENELMAR, S.A. | dated Nov. 25, 1998
* |(Effective Jan. 1, 1999)
* 70% |
* |
SENECA--------|
CMS Electric and Gas, owns 60% of ENELMAR, S.A., which owns 70% of SENECA, the
foreign utility company.
B-23
175
An organizational chart showing the relationship of each EWG or foreign utility
company to associate companies in the holding company system.
TAWEELAH A2 OPERATING COMPANY
(Taweelah)
CMS Energy Corporation
*
*
*
CMS Enterprises Company
*
*
*
CMS Generation Company
*
*
*
Taweelah A2 Operating Company
CMS Generation Company 100% of owns Taweelah A2 Operating Company.
B-24