ITEM 1. BUSINESS.
The Company. The Company, a Texas corporation, is a public utility engaged in generating, purchasing, transmitting, distributing and selling electricity in south Texas. It is a wholly owned subsidiary of CSW, a registered holding company under the Holding Company Act.
At December 31, 1993, the Company supplied electric service to approximately 589,000 retail customers in a 44,000 square mile area with an estimated population of 1,945,000. It supplied at wholesale all or a portion of the electric energy requirements of two municipalities and five rural electric cooperatives. The three largest metropolitan areas served by the Company are Corpus Christi, Laredo and McAllen, which have estimated populations of 265,000, 133,000 and 88,000, respectively.
The economic base of the territory served by the Company includes manufacturing, metal refining, petroleum, petrochemical, agriculture and tourism.
In 1993, industrial customers accounted for approximately 23% of the Company's total operating revenues. Contracts with substantially all industrial customers provide for both demand and energy charges. Demand charges continue under such contracts even during periods of reduced industrial activity, thus mitigating the effect of reduced activity on operating income.
Regulation and Rates
Regulation. The Company, as a subsidiary of CSW, is subject to the jurisdiction of the SEC under the Holding Company Act with respect to the issuance, acquisition and sale of securities, acquisition and sale of certain assets or any interest in any business, including certain aspects of fuel exploration and development programs, accounting practices and other matters.
The FERC has jurisdiction under the Federal Power Act over certain of the Company's electric utility facilities and operations, wholesale rates and certain other matters.
The Texas Commission has jurisdiction over accounts, certification of utility service territories, sale or acquisition of certain utility property, mergers and certain other matters. Neither the Texas Commission nor the governing bodies of incorporated municipalities have jurisdiction over the issuance of securities.
National Energy Policy Act of 1992. The Energy Policy Act, adopted in October 1992, significantly changed U.S. energy policy, including that governing the electric utility industry. The Energy Policy Act allows the FERC, on a case-by-case basis and with certain restrictions, to order wholesale transmission access and to order electric utilities to enlarge their transmission systems. The Energy Policy Act does, however, prohibit FERC- ordered retail wheeling, including "sham" wholesale transactions. Further, under the Energy Policy Act a FERC transmission order requiring a transmitting utility to provide wholesale transmission services must include provisions generally that permit the utility to recover from the FERC applicant all of the costs incurred in connection with the transmission services, any enlargement of the transmission system and associated services.
In addition, the Energy Policy Act revised the Holding Company Act to permit utilities, including registered holding companies, and non-utilities to form exempt wholesale generators. An exempt wholesale generator is a new category of non-utility wholesale power producer that is free from most federal and state regulation, including the principal restrictions of the Holding Company Act. These provisions enable broader participation in wholesale power markets by reducing regulatory hurdles to such participation. Management believes that this Act will make wholesale markets more competitive. However, the Company is unable to predict the extent to which the Energy Policy Act will affect its operations.
See ITEM 1. BUSINESS -- Environmental Matters, for information relating to Environmental regulation.
Rates. The Texas Commission has original jurisdiction over retail rates in the unincorporated areas of Texas. The governing bodies of incorporated municipalities have such jurisdiction over rates within their incorporated limits. Municipalities may elect, and some have elected, to surrender this jurisdiction to the Texas Commission. The Texas Commission has appellate jurisdiction over rates set by incorporated municipalities.
See NOTE 9, LITIGATION AND REGULATORY PROCEEDINGS, Rate Case Filings in ITEM 8, for further information with respect to current rate proceedings.
Electric utilities in Texas are not allowed to make automatic adjustments to recover changes in fuel costs from retail customers. A utility is allowed to recover its known or reasonably predictable fuel costs through a fixed fuel factor. The Texas Commission established procedures effective May 1, 1993, subject to certain transition rules, whereby each utility under its jurisdiction may petition to revise its fuel factors every six months according to a specified schedule. Fuel factors may also be revised in the case of an emergency or in a general rate proceeding. Under the revised procedures, a utility will remain subject to the prior rules until after its first fuel reconciliation, or in some instances a general rate proceeding including a fuel reconciliation, subject to the new rules. Management does not believe that the new rules substantially change the manner in which the Company will recover retail fuel costs.
Fuel factors are in the nature of temporary rates, and the utility's collection of revenues by such is subject to adjustment at the time of a fuel reconciliation proceeding. At the utility's semi-annual adjustment date, a utility is required to petition the Texas Commission for a surcharge or to make a refund when it has materially under- or over-collected its fuel costs and projects that it will continue to materially under- or over-collect. Material under- or over-collections including interest are defined as four percent of the most recent Texas Commission adopted annual estimated fuel cost for the utility, which is approximately $10.4 million for the Company. A utility does not have to revise its fuel factor when requesting a surcharge or refund. An interim emergency fuel factor order must be issued by the Texas Commission within 30 days after such petition is filed by the utility.
Final reconciliation of fuel costs are made through a reconciliation proceeding, which may contain a maximum of three years and a minimum of one year of reconcilable data, and must be filed with the Texas Commission no later than six months after the end of the period to be reconciled. In addition, a utility must include a reconciliation of fuel costs in any general rate proceeding regardless of the time since its last fuel reconciliation proceeding. Any fuel costs which are determined unreasonably incurred in a reconciliation proceeding must be refunded to customers. In the event that the Company does not recover all of its fuel costs under the above procedures, the Company could experience an adverse impact on its results of operations.
All of the Company's contracts with its wholesale customers contain FERC approved fuel-adjustment provisions that permit it to automatically pass actual fuel costs through to its customers.
See NOTE 9, LITIGATION AND REGULATORY PROCEEDINGS, in ITEM 8, for further information with respect to regulation and rates.
STP
The ownership of a nuclear generating unit exposes the Company to significant special risks. Under the Atomic Energy Act of 1954 and Energy Reorganization Act of 1974, operation of nuclear plants is intensively regulated by the NRC, which has broad power to impose licensing and safety-related requirements. Along with other federal and state agencies, the NRC also has extensive regulations pertaining to the environmental aspects of nuclear reactors. The NRC has the authority to impose fines and/or shutdown a unit until compliance is achieved, depending upon its assessment of the severity of the situation.
The high degree of regulatory monitoring and controls to assure safe operation could cause the STP units to be out of service for long periods of time. Outages are also necessary approximately every 18 months for refueling. Because STP's fuel costs currently are lower than any of the Company's other units, the Company's average fuel costs are expected to be higher whenever an STP unit is down or operates below the prior period's average capacity.
Risks of substantial liability arise from the operation of nuclear-fueled generating units and from the use, handling, and possible radioactive emissions associated with nuclear fuel. While the Company carries insurance, the availability, amount and coverage thereof is limited and may become more limited in the future. The available insurance will not cover all types or amounts of loss expense which may be experienced in connection with the ownership of STP. See NOTE 10, COMMITMENTS AND CONTINGENCIES - Nuclear Insurance, in ITEM 8 for further information.
See NOTE 9, LITIGATION AND REGULATORY PROCEEDINGS, in ITEM 8 for a discussion of the STP outage.
Operations
Peak Loads and System Capabilities. The following table sets forth for the years 1991 through 1993 the net system capabilities of the Company (including the net amounts of contracted purchases and contracted sales) at the time of peak demand, the maximum coincident system demand on a one-hour integrated basis (exclusive of sales to other electric utilities) and the respective amounts and percentages of peak demand generated by the Company and net purchases and sales: Percent Increase Maximum (Decrease) Net Purchases Coincident In Peak Generation at (Sales) at Net System System Demand Time of Peak Time of Peak Capabilities(a) Demand(b) Over Prior Year Mw Mw Period Mw % Mw %
1991 4,005 3,291 5.8 3,424 104.0 (133) (4.0) 1992 4,165 3,347 1.7 3,003 89.7 344 10.3 1993 4,480 3,518 5.1 2,943 83.7 575 16.3 ___________________
(a) Does not include 452 Mw of system capability in long-term storage in 1991 and 310 Mw in 1992 and 1993 as described under "ITEM 2.

ITEM 2. PROPERTIES.
Facilities. At December 31, 1993, the Company owned the following electric generating plants (or portions thereof in the cases of the jointly owned plants).
(See "ITEM 1. BUSINESS -- Fuel Supply.")
Net Dependable Type of Fuel Capability Plant Name and Location Primary/Secondary Mw
Barney M. Davis gas/oil(a) 339 Corpus Christi, Texas gas/oil 340
Coleto Creek coal 604 Goliad, Texas
Lon C. Hill gas/oil(a) 549 Corpus Christi, Texas
Nueces Bay gas/oil(a) 512(b) Corpus Christi, Texas
Victoria gas/oil(a) 258(b) Victoria, Texas
La Palma gas/oil 47 San Benito, Texas gas/oil(a) 156(b)
E. S. Joslin gas/oil(a) 252 Point Comfort, Texas
J. L. Bates gas/oil(a) 182 Mission, Texas
Laredo gas/oil(a) 66 Laredo, Texas gas/oil 106
Eagle Pass Eagle Pass, Texas hydro 6
Oklaunion coal 53(c) Vernon, Texas
STP nuclear 630(d) Bay City, Texas
Total 4,100
_______________________
(a) For extended periods of operation, oil can be used only in combination with gas. Use of oil in facilities primarily designed to burn gas results in increased maintenance expense and a reduction of approximately 15% in capability.
(b) Excludes units in long-term storage - 34 Mw at Nueces Bay, 228 Mw at Victoria and 48 Mw at La Palma.
(c) The Company owns 7.81% of the 676 Mw unit operated by WTU.
(d) The Company owns 25.2% of the two 1,250 Mw units operated by HLP.
All of the generating plants described above are located on land owned by the Company or jointly with the other participants in jointly owned plants. The Company's electric transmission and distribution facilities are for the most part located over or under highways, streets and other public places or property owned by others, for which permits, grants, easements or licenses (which the Company believes to be satisfactory, but without examination of underlying land titles) have been obtained. The principal plants and properties of the Company are subject to the lien of the first mortgage indenture under which the Company's first mortgage bonds are issued.
ITEM 3.

ITEM 3. LEGAL PROCEEDINGS.
See ITEM 1. BUSINESS - Environmental Matters, for information relating to environmental and certain other proceedings.
See NOTE 9, LITIGATION AND REGULATORY PROCEEDINGS, in ITEM 8, for information relating to regulatory and legal proceedings.
The Company is party to various other legal claims, actions and complaints arising in the normal course of business. Management does not expect disposition of these matters to have a material adverse effect on the Company's results of operations or financial condition.
ITEM 4.

ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.
None.
PART II
ITEM 5.

ITEM 5. MARKET FOR REGISTRANT'S COMMON EQUITY AND RELATED STOCKHOLDER MATTERS.
All of the outstanding shares of Common Stock of the Company are owned by its parent company, CSW.
ITEM 6.

ITEM 6. SELECTED FINANCIAL DATA.
ITEM 7.

ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
RESULTS OF OPERATIONS.
Reference is made to the Company's Financial Statements and related Notes and Selected Financial Data in ITEM 8.

ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE.
None. PART III
CSW common stock amounts in ITEM 11 and ITEM 12 reflect the two-for-one common stock split, effected by a 100% common stock dividend paid March 6, 1992 to shareholders of record on February 10, 1992.
ITEM 10.

ITEM 10. DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANT.
(a) The following is a list of directors of the Company, together with certain information with respect to each of them:
Name, Age, Principal Year Occupation, Business Experience First Became and Other Directorships Director
E. R. BROOKS. . . . . . . . . . . . . . . . . . . AGE - 56 1991
Chairman, President and CEO of CSW since February 1991. President of CSW from September 1990 to February 1991. President and Chief Operating Officer of CSW from January 1990 to September 1990 and Executive Vice President of CSW from 1987 to 1989. Director of CSW and each of its subsidiaries. Director of Hubbell, Electric, Inc. and of Baylor University Medical Center, Dallas, Texas.
ROBERT R. CAREY. . . . . . . . . . . . . . . . . .AGE - 56 1989
President and CEO of the Company since January 1990. Executive Vice President and Chief Operating Officer of the Company from 1989 to 1990. Vice President, Operations of the Company from 1988 to 1989. Director of Corpus Christi National Bank, Corpus Christi, Texas.
RUBEN M. GARCIA. . . . . . . . . . . . . . . . . .AGE - 62 1981
President or principal of several firms engaged primarily in construction and land development in the Laredo, Texas area.
HARRY D. MATTISON (1). . . . . . . . . . . . . . .AGE - 57 1994
Executive Vice President of CSW since September 1990 and Chief Executive Officer of CSWS since December 1993. Chief Operating Officer of CSW from September 1990 to December 1993. President and Chief Executive Officer of SWEPCO from September 1988 to September 1990. Director of each of CSW's wholly owned subsidiaries.
ROBERT A. McALLEN. . . . . . . . . . . . . . . . .AGE - 59 1983
Robert A. McAllen Investments, Inc., Weslaco, Texas. Consultant to First National Bank, Edinburg, Texas.
PETE MORALES, JR. . . . . . . . . . . . . . . . . AGE - 53 1990
President and General Manager of Morales Feed Lots, Inc., Devine, Texas. Director of Devine State Bank, Devine, Texas.
S. LOYD NEAL, JR. . . . . . . . . . . . . . . . . AGE - 56 1990
President of Hilb, Rogal and Hamilton Company of Corpus Christi, an insurance agency, Corpus Christi, Texas.
Name, Age, Principal Year Occupation, Business Experience First Became and Other Directorships Director
JIM L. PETERSON. . . . . . . . . . . . . . . . . .AGE - 58 1989
President and CEO of Whataburger, Inc. from 1974 to 1993. Director of Mercantile Bank of Corpus Christi.
H. LEE RICHARDS. . . . . . . . . . . . . . . . . .AGE - 60 1987
Chairman of the Board of Hygeia Dairy Company, Harlingen, Texas. Director of Harlingen National Bank, Harlingen, Texas.
MELANIE J. RICHARDSON. . . . . . . . . . . . . . .AGE - 37 1993
Vice President, Administration and Treasurer of the Company since 1993. Vice President, Corporate Services and Treasurer of the Company from 1992 to 1993. Treasurer of the Company since March 1992. Director of Internal Audits of the Company 1991 to 1992. Manager of Personnel Services of the Company 1990 to 1991. Manager of Financial Audits of the Company 1986 to 1990.
J. GONZALO SANDOVAL. . . . . . . . . . . . . . . .AGE - 45 1992
Vice President, Operations/Engineering of the Company since 1993. Vice President, Regional Operations of the Company from 1992 to 1993. Vice President, Corporate Services of the Company from 1991 to 1992. General Manager of the Southern Region from 1988 to 1991.
B. W. TEAGUE. . . . . . . . . . . . . . . . . . . AGE - 55 1984
Vice President, Marketing and Business Development of the Company since 1991. Vice President, Corporate Services of the Company from 1988 to 1991. Senior Vice President, District Operations of the Company from 1986 to 1988.
GERALD E. VAUGHN. . . . . . . . . . . . . . . . . AGE - 51 1993
Vice President, Nuclear of CSWS since January 1994. Vice President, Nuclear Affairs of the Company since July 1993. Vice President for Nuclear Services of Carolina Power and Light Company, Raleigh, North Carolina, from 1990 to 1993. Vice President of Nuclear Operations at HLP from 1987 to 1990. __________________________
(1) Mr. Mattison was elected to the Board effective February 1, 1994, replacing Dale E. Ward. Mr. Ward resigned from the Board in January 1994 upon his transfer to CSWS as Vice President of Production Engineering.
All outside directors have engaged in their respective principal occupations listed above for a period of more than five years, unless otherwise indicated.
(b) The following is a list of the executive officers who are not directors of the Company, together with certain information with respect to each of them:
Year First Elected to Present Name Age Present Position Position
David P. Sartin 37 Controller and Secretary 1991
__________________________
Each of the directors and executive officers of the Company is elected to hold office until the first meeting of the Company's Board of Directors after the 1994 annual meeting of stockholders, presently scheduled to be held on April 14, 1994. Each of the executive officers listed in the table above has been employed by the Company or an affiliate in the CSW System in an executive or managerial capacity for at least the last five years except for Mr. Vaughn.
ITEM 11.

ITEM 11. EXECUTIVE COMPENSATION.
Cash and Other Forms of Compensation
The following table sets forth the aggregate cash and other compensation for services rendered for the fiscal years of 1993, 1992, and 1991 paid or awarded by the Company to the Named Executive Officers.
Option/SAR Grants
No grants of CSW common stock options or CSW SARs were made in 1993.
Option/SAR Exercises and Year-End Value Table
Shown below is information regarding CSW common stock option/SAR exercises during 1993 and unexercised CSW common stock options/SARs at year-end for the Named Executives Officers.
Long-term Incentive Plan Awards Table
The following table shows information concerning awards made to the Named Executive Officers during 1993 under CSW's Long-Term Incentive Plan ("LTIP"):
Long-Term Incentive Plan Awards Made in 1993
Performance Estimated Future or Payouts under Number of CSW Other Period Non-Stock Price Based Plans
Until Shares, Units or Maturation Threshold Target Maximum Name Other Rights (#) or Payout ($) ($) ($)
Robert R. Carey 1 2 years - 137,238 205,857 Dale E. Ward 1 2 years - 28,105 42,158 B. W. Teague 1 2 years - 28,105 42,158 J. Gonzalo Sandoval 1 2 years - 28,105 42,158 C. Wayne Stice 1 - - - -
Payouts of the awards are contingent upon CSW's achieving a specified level of total shareholder return, relative to a peer group of utility companies, for the three-year period ended December 1995. Such return must also exceed the average six-month treasury bill rate for the same period in order for any payout to be made. If the Named Executive Officer's employment is terminated during the performance period for any reason other than death, total and permanent disability or retirement, then the award is generally canceled.
The LTIP contains a provision accelerating awards upon a change in control of CSW. If a change in control of CSW occurs, (a) all options and SARs become fully exercisable, (b) all restrictions, terms and conditions applicable to all restricted stock are deemed lapsed and satisfied and (c) all performance units are deemed to have been fully earned, as of the date of the change in control. Awards which have been granted and outstanding for less than six months as of the date of change in control are not then exercisable, vested or earned on an accelerated basis. The LTIP also contains provisions designed to prevent circumvention of the above acceleration provisions generally through coerced termination of an employee prior to the change in control of CSW.
Retirement Plans Pension Plan Table
Annual Benefits After Average Compensation Specified Years of Credited Service 20 25 30 or more $100,000 . . . . . . . . . . . . . . . $ 33,333 $ 41,667 $ 50,000 150,000 . . . . . . . . . . . . . . . 50,000 62,500 75,000 200,000 . . . . . . . . . . . . . . . 66,667 83,333 100,000 250,000 . . . . . . . . . . . . . . . 83,333 104,167 125,000 300,000 . . . . . . . . . . . . . . . 100,000 125,000 150,000 350,000 . . . . . . . . . . . . . . . 116,333 145,833 175,000
Executive officers are eligible to participate in the tax-qualified, CSW Pension Plan like other employees of the Company. Certain executive officers, including the Named Executive Officers, are also eligible to participate in the CSW Special Executive Retirement Plan (SERP), a non-qualified ERISA excess benefit plan. Such pension benefits depend upon years of credited service, age at retirement and amount of covered compensation earned by a participant. The annual normal retirement benefits payable under the pension and the SERP are based on 1.67% of "average compensation" times the number of years of credited service (reduced by (i) no more than 50% of a participant's age 55 Social Security benefit, and (ii) certain other offset benefits).
"Average compensation" means the average covered compensation (salary as reported in the Summary Compensation Table) during the 36 consecutive months of highest pay during the 120 months prior to retirement. The combined benefit levels in the table above, which include both the pension and SERP, are based on assumed retirement at age 65, the years of credited service shown, continued existence of the plans without substantial change, and payment in the form of a single life annuity.
Respective years of credited service and ages, as of December 31, 1993, for the Named Executive Officers are as follows: Mr. Carey, 26 and 56; Mr. Stice, 30 and 56; Mr. Ward, 21 and 46; Mr. Sandoval, 20 and 45, and Mr. Teague, 30 and 55.
Meetings and Compensation. The Board of Directors held four meetings during 1993. Directors who are not also executive officers and employees of the Company or its affiliates receive annual directors' fees of $6,000 for serving on the Board and a fee of $300 plus expenses for each meeting of the Board or committee attended.
Those directors who are not also officers of the Company are eligible to participate in a deferred compensation plan. Under this plan such directors may elect to defer payment of annual directors' and meeting fees until they retire from the Board or as they otherwise direct.
Compensation Committee Interlocks and Insider Participation. No person serving during 1993 as a member of the Executive Compensation Committee of the Board of Directors of CSW served as an officer or employee of the Company during or prior to 1993. No person serving during 1993 as an executive officer of the Company serves or has served on the compensation committee or as a director of another company, one of whose executive officers serves as a member of the Executive Compensation Committee of CSW or as a director of the Company.
ITEM 12.

ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT.
All 6,755,535 shares of the Company's outstanding Common Stock, $25 par value, per share, are owned beneficially and of record by CSW, 1616 Woodall Rodgers Freeway, Dallas, Texas 75202.
Security Ownership of Management
The following table shows CSW common stock beneficially owned as of December 31, 1993, by each director, the Named Executive Officers and, as a group, all directors and executive officers of the Company. Share amounts shown in this table include restricted stock, options exercisable within 60 days after year-end shares of CSW common stock credited to Central and South West Corporation Thrift plan accounts, and all other shares of CSW common stock beneficially owned by the listed persons. Each person has a sole voting and investment power with respect to all shares listed in the table below unless otherwise indicated.
Beneficial Ownership as of December 31, 1993 Name CSW Common Stock (1)(2)
E. R. Brooks 60,959 Robert R. Carey 10,734 Ruben M. Garcia - Robert A. McAllen 2,000 Pete Morales, Jr. - S. Loyd Neal, Jr. 323 Jim L. Peterson - H. Lee Richards - Melanie J. Richardson 757 J. Gonzalo Sandoval 6,225 C. Wayne Stice 4,087 B. W. Teague 2,701 Gerald E. Vaughn 500 Dale E. Ward 8,659
All of the above and other executive officers as a group 99,192 ____________________
(1) Included in these amounts for Mr. Brooks, Mr. Carey, Mr. Mattison, Mr. Stice, Mr. Ward, Mr. Teague and Mr. Sandoval are restricted stock of 7,172, 3,963, 4,708, 0, 948, 726 and 264, respectively. These individuals have voting power, but not investment power with respect to these shares. The above shares also include 9,531, 5,643, 6,176, 1,015, 1,045, 0, 971, and 938 shares underlying immediately exercisable options held by Mr. Brooks, Mr. Carey, Mr. Mattison, Mr. Stice, Mr. Ward, Mr. Teague, Mr. Sandoval and the directors and executive officers as a group, respectively.
(2) All directors' and executive officers' shares owned as of January 1, 1994, as indicated are owned directly and aggregate less than one percent of the outstanding shares of such class.
ITEM 13.

ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS.
None. PART IV
ITEM 14.

ITEM 14. EXHIBITS, FINANCIAL STATEMENT SCHEDULES AND REPORTS ON FORM 8-K.
Page Reference
(a) Financial Statements (Included under "ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA"):
Report of Independent Public Accountants. 42
Statements of Income for the years ended 24 December 31, 1993, 1992 and 1991.
Statements of Retained Earnings for the 24 years ended December 31, 1993, 1992 and 1991.
Balance Sheets as of December 31, 1993 25 and 1992.
Statements of Cash Flows for the years 26 ended December 31, 1993, 1992 and 1991.
Statements of Capitalization as of 27 December 31, 1993 and 1992.
Notes to Financial Statements. 28-41
(b) Reports on Form 8-K:
The Company filed a report on Form 8-K dated March 10, 1994, reporting ITEM 5. OTHER EVENTS relating to the STP outage and current rate case proceedings.
(c) Exhibits:
3. (a) Restated Articles of Incorporation, as - amended, of the Company (incorporated herein by reference to Exhibit 4(a) to the Company's Registration Statement No. 33-4897, Exhibits 5 and 7 to Form U-1 File No. 70-7171, Exhibits 5, 8.1, 8.2 and 19 to Form U-1 File No. 70-7472 and the Company's Form 10-Q for the quarterly period ended September 30, 1992, ITEM 6, Exhibit 1).
(b) Bylaws, as amended, of the Company. - (Incorporated herein by reference to Exhibit 3(b) to the Company's 1991 Form 10-K, file No. 0-346.)
Page Reference
4. Indenture of Mortgage or Deed of - Trust dated November 1, 1943, executed by the Company to The First National Bank of Chicago and Robert L. Grinnell, as Trustees, as amended through October 1, 1977 (incorporated herein by reference to Exhibit 5.01 in File No. 2-60712), and the Supplemental Indentures of the Company dated September 1, 1978 (incorporated herein by reference to Exhibit 2.02 in File No. 2-62271) and December 15, 1984, July 1, 1985, May 1, 1986 and November 1, 1987 (incorporated herein by reference to Exhibit 17 to Form U-1 File No. 70-7003, Exhibit 4(b) in File No. 2-98944, Exhibit 4 to Form U-1 File No. 70-7236 and Exhibit 4 to Form U-1 File No. 70-7249) and June 1, 1988, December 1, 1989, March 1, 1990, October 1, 1992, December 1, 1992, February 1, 1993 and April 1, 1993 (incorporated herein by reference to Exhibit 2 to Form U-1 File No. 70-7520, Exhibit 3 to Form U-1 File No. 70-7721, Exhibit 10 to Form U-1 File No. 70-7735 and Exhibit 10(a), 10(b), 10(c) and 10(d), respectively, to Form U-1 File No. 70-8053).
12. Statement re computation of Ratio of 61 Earnings to Fixed Charges for the five years ended December 31, 1993.
18. Letter from Independent Public Accountants 62 for change in accounting principle.
23. Consent of Independent Public 63 Accountants.
24. (a) Powers of Attorney. 64
(b) Powers of Attorney. 65
(c) Powers of Attorney. 66
Page Reference
(d) Schedules:
Report of Independent Public 42 Accountants on Supplemental Schedules and Exhibit.
V. Property, Plant and Equipment for the 56 years ended December 31, 1993, 1992 and 1991.
VI. Accumulated Depreciation, Depletion 57 and Amortization of Property, Plant and Equipment for the years ended December 31, 1993, 1992 and 1991.
IX. Short-Term Borrowings for the years 58 ended December 31, 1993, 1992 and 1991.
X. Supplementary Income Statement 59 Information for the years ended December 31, 1993, 1992 and 1991.
All other exhibits and schedules are omitted because of the absence of the conditions under which they are required or because the required information is included in the financial statements and related notes to financial statements.
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, on March 15, 1994.
CENTRAL POWER AND LIGHT COMPANY
By: David P. Sartin Controller and Secretary
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities indicated on March 15, 1994.
Signature Title
Robert R. Carey President and CEO and Director (Principal executive officer)
Melanie J. Richardson Vice President, Treasurer and Director (Principal financial officer)
David P. Sartin Controller and Secretary (Principal accounting officer)
*E. R. Brooks Director *Ruben M. Garcia Director *Harry D. Mattison Director *Robert A. McAllen Director *Pete Morales, Jr. Director *S. Loyd Neal, Jr. Director *Jim L. Peterson Director *H. Lee Richards Director *J. Gonzalo Sandoval Director *B. W. Teague Director *Gerald E. Vaughn Director
*Melanie J. Richardson, by signing her name hereto, does sign this document on behalf of the persons indicated above pursuant to a power of attorney duly executed by each such person.
*By: Melanie J. Richardson Attorney-in-Fact
SCHEDULE X
CENTRAL POWER AND LIGHT COMPANY SUPPLEMENTARY INCOME STATEMENT INFORMATION FOR THE YEARS ENDED DECEMBER 31
1993 1992 1991 (thousands)
Real estate and personal property taxes $55,255 $41,003 $38,817 State gross receipts taxes 14,173 13,685 13,099 Payroll taxes 8,300 7,288 7,032 Franchise taxes 6,420 6,284 1,265(a) State utility commission assessments 1,913 1,822 1,784 Other taxes 333 261 456
$86,394 $70,343 $62,453
____________________
(a) A refund of approximately $3.6 million related to prior years was received in 1991.
The amounts of taxes, depreciation and maintenance charged to accounts other than income and expense accounts were not significant. Rents, royalties, advertising and research and development costs during these years were not significant.
INDEX TO EXHIBITS Exhibit Transmission Number Exhibit Method
3(a) Restated Articles of Incorporation, as Incorporated amended, of the Company (incorporated by Reference herein by reference to Exhibit 4(a) to the Company's Registration Statement No. 33-4897, Exhibits 5 and 7 to Form U-1 File No. 70-7171, Exhibits 5, 8.1, 8.2 and 19 to Form U-1 File No. 70-7472 and the Company's Form 10-Q for the quarterly period ended September 30, 1992, ITEM 6, Exhibit 1).
3(b) Bylaws, as amended, of the Company. Incorporated (Incorporated herein by reference to by Reference Exhibit 3(b) to the Company's 1990 Form 10-k, File No. 0-346).
4 Indenture of Mortgage or Deed of Trust Incorporated dated November 1, 1943, executed by the by Reference Company to The First National Bank of Chicago and Robert L. Grinnell, as Trustees, as amended through October 1, 1977 (incorporated herein by reference to Exhibit 5.01 in File No. 2-60712), and the Supplemental Indentures of the Company dated September 1, 1978 (incorporated herein by reference to Exhibit 2.02 in File No. 2-62271) and December 15, 1984, July 1, 1985, May 1, 1986 and November 1, 1987 (incorporated herein by reference to Exhibit 17 to Form U-1 File No. 70-7003, Exhibit 4(b) in File No. 2-98944, Exhibit 4 to Form U-1 File No. 70-7236 and Exhibit 4 to Form U-1 File No. 70-7249) and June 1, 1988, December 1, 1989, March 1, 1990, October 1, 1992, December 1, 1992, February 1, 1993 and April 1, 1993, (incorporated herein by reference to Exhibit 2 to Form U-1 File No. 70-7520 and Exhibit 3 to Form U-1 File No. 70-7721, Exhibit 10 to Form U-1 File No. 70-7725 and Exhibit 10(a), 10(b), 10(c) and 10(d), respectively, to Form U-1 File No. 70-8053).
12 Statement re computation of Ratio of Electronic Earnings to Fixed Charges for the five years ended December 31, 1992.
18 Letter from Independent Public Accountants for change in accounting principle. Electronic
23 Consent of Independent Public Accountants. Electronic
24(a) Powers of Attorney. Electronic
24(b) Powers of Attorney. Electronic
24(c) Powers of Attorney. Electronic
EXHIBIT 12