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
October 1,
2004 to December 31, 2004
PURSUANT
TO RULE 24
HOLDING
COMPANY ACT RELEASE NO. 26864 and 26962
In
the matter of:
AMERICAN
ELECTRIC POWER COMPANY, INC. AND SUBSIDIARY COMPANIES
1)
Aggregate Investment, for which there is recouse to AEP Co., Inc., in Exempt
Wholesale Generators (EWG) and Foreign Utility Companies (FUCO)
| |
|
(in
millions) |
|
EWG
Investment |
|
$ |
88 |
|
|
FUCO
Investment |
|
|
134 |
|
|
Total
Aggregate Investment in EWG's and FUCO's |
|
$ |
222 |
|
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 |
|
|
|
|
|
|
$ |
20,886 |
* |
|
1.1 |
% |
|
Net
Utility Plant |
|
|
|
|
|
|
|
21,493 |
|
|
1.0 |
% |
|
Total
Assets |
|
|
|
|
|
|
|
34,663 |
|
|
0.6 |
% |
|
Market
Value of Common Equity |
|
|
|
|
|
|
|
13,594 |
|
|
1.6 |
% |
*Includes
Long-term Debt Due Within One Year and Short-term Debt.
3)
Consolidated Capitalization Ratio
| |
|
|
|
|
|
|
(in
millions) |
|
% |
|
Short-term
Debt |
|
|
|
|
|
|
$ |
23 |
|
|
|
|
|
Long-term
Debt |
|
|
|
|
|
|
|
12,287 |
* |
|
|
|
| |
Total
Debt |
|
|
|
|
|
|
|
12,310 |
|
|
58.9 |
% |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
Preferred
Stock Not Subject to Mandatory Redemption |
|
|
|
|
|
|
|
61 |
|
|
0.3 |
% |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
Common
Stock |
|
|
|
|
|
|
|
2,632 |
|
|
|
|
|
Paid-in
Capital |
|
|
|
|
|
|
|
4,203 |
|
|
|
|
|
Accumulated
Other Comprehensive Income |
|
|
|
|
|
|
|
(344 |
) |
|
|
|
|
Retained
Earnings |
|
|
|
|
|
|
|
2,024 |
|
|
|
|
| |
Total
Common Equity |
|
|
|
|
|
|
|
8,515 |
|
|
40.8 |
% |
|
Total
Capitalization |
|
|
|
|
|
|
$ |
20,886 |
|
|
100.0 |
% |
*
Includes Long-term Debt Due Within One Year.
4)
Market-to-book Ratio of AEP Common Stock
|
Closing
Market Price per Share |
$ |
34.34 |
|
|
Book
Value per Share |
$ |
21.51 |
|
|
Market-to-book
Ratio of Common Stock |
|
159.6 |
% |
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