UNITED STATES OF AMERICA
BEFORE THE SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
File No 70-9021
REPORT FOR PERIOD
July 1, 2004 to September 30, 2004
PURSUANT TO RULE 24
HOLDING COMPANY ACT RELEASE NO. 26864
In the matter of
AMERICAN ELECTRIC POWER COMPANY, INC. AND SUBSIDIARY COMPANIES
1) Aggregate Investment, for which there is recourse to AEP Co., Inc., in Exempt Wholesale Generators (EWG) and Foreign Utility Companies (FUCO)
| (in millions) | |||
|---|---|---|---|
| EWG Investment | $ 87 | ||
| FUCO Investment | 245 | ||
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| Total Aggregate Investment | |||
| in EWG's and FUCO's | $332 | ||
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Components of statement of aggregate investment in EWG and FUCO’s are filed under confidential treatment pursuant to Rule 104(b).
2) Aggregate Investment as a Percentage of the Following Items
| (in millions) | % | ||||
|---|---|---|---|---|---|
| Total Capitalization | $21,267 | * | 1.6% | ||
| Net Utility Plant | 21,122 | 1.6% | |||
| Total Assets | 34,822 | 1.0% | |||
| Market Value of Common Equity | 12,646 | 2.6% | |||
*Includes Long-term Debt Due Within One Year and Short-term Debt.
3) Consolidated Capitalization Ratio
| (in millions) | % | ||||
|---|---|---|---|---|---|
| Short-term Debt | $ 214 | ||||
| Long-term Debt | 12,637 | * | |||
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| Total Debt | 12,851 | 60.4% | |||
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| Preferred Stock Subject to Mandatory Redemption | 72 | 0.3% | |||
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| Preferred Stock Not Subject to Mandatory Redemption | 61 | 0.3% | |||
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| Common Stock | 2,630 | ||||
| Paid-in Capital | 4,197 | ||||
| Accumulated Other Comprehensive | |||||
| Income | (531 | ) | |||
| Retained Earnings | 1,987 | ||||
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| Total Common Equity | 8,283 | 39.0% | |||
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| Total Capitalization | $21,267 | 100.0% | |||
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* Includes Long-term Debt Due Within One Year.
4) Market-to-book Ratio of AEP Common Stock
| Closing Market Price per Share | $31.96 | |||||
| Book Value per Share | $20.93 | |||||
| Market-to-book Ratio of Common Stock | 152.7 | % | ||||
5) Analysis of Growth in Retained Earnings
Statement of analysis of growth in retained earnings is filed under confidential treatment pursuant Rule 104(b).
6) Statement of Revenues and Net Income for each EWG and FUCO
Statement of revenues and net income for the following EWG’s and FUCO’s are filed under confidential treatment pursuant to Rule 104(b):
Pacific Hydro Ltd.
AEP Energy Services Limited
InterGen Denmark, Aps
Trent Wind Farm, Limited Partnership
Desert Sky Wind Farm LP