Total Capitalization. 1. The aggregate amount of all Debt of the Borrower and its Subsidiaries at the Statement Date determined on a consolidated basis: $__________________________
Total Capitalization. 42 Transaction......................................... 42
Total Capitalization. Add Lines 2(a) and 2(b) $ ============
Total Capitalization. Add Lines 1(a)(i) through 1(a)(vii), Line 1(b), Line 1(c), Line 1(d) and Line 2(e) $
Total Capitalization. The aggregate of the Equity Capitalization plus the aggregate outstanding principal amount at the time the determination is made of all liabilities of the Partnership and the General Partner arising from the borrowing of any money or the deferral of any of the purchase price of any asset or pursuant to any capital lease.
Total Capitalization. Permit the ratio (expressed as a percentage) of Debt of the Borrower to Total Capital to exceed on any Covenant Compliance Date (A) from December 31, 2004 through September 31, 2007, 90%, (B) from December 31, 2007 through September 30, 2008, 75%, (C) from December 31, 2008 through June 30, 2009, 70%, and (D) thereafter, 65%.
Total Capitalization. As at any date of determination, the sum of Consolidated Total Funded Debt outstanding on such date plus Consolidated Net Worth on such date.
Total Capitalization. Permit the ratio of Funded Debt to Total Capital on the last day of any fiscal quarter of the Borrower to exceed 58%.
Total Capitalization. Current Liabilities: 1,666,192 ---------- 3,516,238 ---------- 841,040 ---------- 1,828,676 ---------- ---------- ---------- 2,507,232 ---------- 5,344,914 ---------- Short-term debt............ Long-term debt due within one year.................. 342,300 16,000 10,000 80,303 352,300 96,303 Accounts payable........... 123,614 52,041 175,655
Total Capitalization. Current Liabilities: 1,357,028 ---------- 3,006,341 ---------- 798,470 ---------- 1,763,765 ---------- ---- ---- 2,155,498 ---------- 4,770,106 ---------- Short-term debt............ Long-term debt due within 308,200 32,000 340,200 one year.................. 80 33,419 33,499 Accounts payable........... 130,616 73,486 204,102 Accrued taxes.............. 86,966 24,684 111,650 Accrued interest and dividends................. 61,069 12,209 73,278 Other...................... 69,025 29,358 98,383 ---------- ---------- ---- ---------- Total current liabilities.. 655,956 205,156 861,112 ---------- ---------- ---- ---------- Deferred Credits and Other Liabilities: Deferred income taxes...... 1,152,425 644,139 1,796,564 Deferred investment tax credits................... 137,651 82,840 220,491 Deferred gain from sale- leaseback................. 252,341 -- 252,341 Other...................... 166,315 74,497 240,812 ---------- ---------- ---- ---------- Total deferred credits and other liabilities......... 1,708,732 801,476 2,510,208 ---------- ---------- ---- ---------- Total Capitalization and Liabilities................ $5,371,029 $2,770,397 $ $8,141,426 ========== ========== ==== ========== The accompanying Notes to Unaudited Pro Forma Combined Financial Information are an integral part of this statement and should be read in their entirety. 60 UNAUDITED PRO FORMA COMBINED STATEMENT OF INCOME FOR THE THREE MONTHS ENDED MARCH 31, 1996 WESTERN RESOURCES KCPL PRO FORMA PRO FORMA (AS REPORTED) (AS REPORTED) ADJUSTMENTS COMBINED ------------- ------------ ----------- --------- Operating Revenues: Electric.................. $268,985 $206,624 $ $475,609 Natural gas............... 286,637 -------- -- -------- -------- 286,637 -------- Total operating revenues............... 555,622 206,624 762,246 -------- -------- -------- -------- Operating expenses Fuel...................... 62,747 30,773 93,520 Power purchased........... 8,045 13,985 22,030 Natural gas purchases..... Operations and maintenance.............. 150,523 167,598 -- 61,528 150,523 229,126 Depreciation and amortization............. 42,313 27,620 69,933 Amortization of phase-in revenues................. 4,386 -- 4,386 Income taxes.............. 19,605 13,413 33,018 General taxes............. Total operating 25,132 -------- 24,361 -------- -------- 49,493 --------
