AMENDMENT TO
FORM U-3A-2
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
Statement by Holding Company Claiming
Exemption Under Rule 2 from the
Provisions of the Public Utility Holding
Company Act of 1935
Western Resources, Inc.
STATEMENT OF AMENDMENT
Western Resources, Inc.'s U-3A-2 dated February 24, 1995, is hereby
amended to add a listing and description of the subsidiaries of Astra
Resources, Inc., a wholly-owned subsidiary of Western Resources, Inc. and
consolidating financial statements of Astra Resources, Inc., attached as
Exhibit A-2.
Astra Financial Services, Inc., 1021 Main Street, Ste. 1270, Houston,
Texas, a Kansas corporation and wholly-owned subsidiary of Astra Resources,
Inc., is engaged in the business of funding the activities of subsidiaries of
Western Resources, Inc.
Astra Gas Company, 1021 Main Street, Ste. 1270, Houston, Texas, a
Delaware corporation and wholly-owned subsidiary of Astra Resources, Inc., is
engaged in the business of owning and operating natural gas processing plants
and gathering sytems.
Astra Limited Partners, Inc., 1021 Main Street, Ste. 1270, Houston,
Texas, a Kansas corporation and wholly-owned subsidiary of Astra Resources,
Inc., is engaged in the business of participating in limited partnerships
related to the business of Western Resources, Inc.
Contract Compression, Inc. (now Astra Resources Compression, Inc.),
14005 West Highway, 90A, East Bernard, Texas, a Texas corporation and wholly-
owned subsidiary of Astra Resources, Inc., is engaged in the business of
providing compression services to oil and gas producers principally in Texas,
New Mexico, Louisiana, Mississippi and the Gulf of Mexico.
Astra Resources International, Inc., 1021 Main Street, Ste. 1270,
Houston, Texas, a Texas corporation and wholly-owned subsidiary of Astra
Resources Compression, Inc., is the owner of foreign operations relating to
natural gas compression services and gas processing.
Contract Compression International Argentina SA, Cordoba 1367, Piso 3,
1055 Buenos Aires, Argentina, an Argentina corporation and wholly-owned
subsidiary of Astra Resources International, Inc., is engaged in the business
of providing gas compression services.
Rangeline, Inc. (now Astra Resources Marketing, Inc.), 1100 SW Wanamaker
Road, Ste. 101, Topeka, Kansas, a Kansas corporation and wholly-owned
subsidiary of Astra Resources, Inc., is engaged in the business of natural gas
marketing.
The above-named claimant has caused this statement to be duly executed
on its behalf by its authorized officer on this 18th day of August, 1995.
Western Resources, Inc.
By: Richard D. Terrill
Richard D. Terrill
Secretary and Associate
General Counsel
Name, title and address of officer to whom notices and correspondence
concerning this statement should be addressed:
Richard D. Terrill
Secretary and Associate General Counsel
Western Resources, Inc.
P.O. Box 889
818 Kansas Avenue
Topeka, Kansas 66601
Exhibit A-2
ASTRA RESOURCES
CONSOLIDATING BALANCE SHEET
December 31, 1994
(Dollars in Thousands)
Astra Astra
Astra Financial Limited Rangeline
Resources Services Partners Consolidated
ASSETS (Note A)
UTILITY PLANT:
Electric plant in service . . . . . . . . . $ - $ - $ - $ -
Natural gas plant in service. . . . . . . . - - - -
- - - -
Less - Accumulated depreciation . . . . . . - - - -
- - - -
Construction work in progress . . . . . . . - - - -
Nuclear fuel (net). . . . . . . . . . . . . - - - -
Net utility plant. . . . . . . . . . . . - - - -
OTHER PROPERTY AND INVESTMENTS:
Net non-utility investments . . . . . . . . 42,219 - 2,697 16,963
Decommissioning trust . . . . . . . . . . . - - - -
Other . . . . . . . . . . . . . . . . . . . 81 - 326 424
42,300 - 3,023 17,387
CURRENT ASSETS:
Cash and cash equivalents . . . . . . . . . 25 1 1 1,059
Accounts receivable and
unbilled revenues (net) . . . . . . . . . - - - 17,407
Accounts receivable - associated companies. - - - -
Notes receivable - associated companies . . - - - -
Fossil fuel, at average cost. . . . . . . . - - - -
Gas stored underground (average cost) . . . - - - -
Materials and supplies (average cost) . . . - - - -
Prepayments and other current assets. . . . 37,240 275 543 4,175
37,265 276 544 22,641
DEFERRED CHARGES AND OTHER ASSETS:
Deferred future income taxes. . . . . . . . - - - -
Deferred coal contract
settlement costs. . . . . . . . . . . . . - - - -
Phase-in revenues . . . . . . . . . . . . . - - - -
Corporate-owned life insurance (net). . . . - - - -
Other deferred plant costs. . . . . . . . . - - - -
Unamortized debt expense. . . . . . . . . . - - - -
Other . . . . . . . . . . . . . . . . . . . - - - -
- - - -
TOTAL ASSETS . . . . . . . . . . . . . . $ 79,565 $ 276 $ 3,567 $ 40,028
CAPITALIZATION AND LIABILITIES
CAPITALIZATION. . . . . . . . . . . . . . . . $ 39,686 $ 268 $ 2,540 $ 10,770
CURRENT LIABILITIES:
Short-term debt . . . . . . . . . . . . . . - - - -
Long-term debt due within one year. . . . . - - - -
Notes payable - associated companies. . . . 38,155 - 915 10,024
Accounts payable. . . . . . . . . . . . . . 89 - - 11,095
Accounts payable - associated companies . . 127 - - -
Accrued taxes . . . . . . . . . . . . . . . - - - 839
Accrued interest and dividends. . . . . . . 864 - 22 192
Other . . . . . . . . . . . . . . . . . . . 461 - 40 370
39,696 - 977 22,520
DEFERRED CREDITS AND OTHER LIABILITIES:
Deferred income taxes . . . . . . . . . . . - 1 50 1,666
Deferred investment tax credits . . . . . . - - - -
Deferred gain from sale-leaseback . . . . . - - - -
Other . . . . . . . . . . . . . . . . . . . 183 7 - 5,072
183 8 50 6,738
COMMITMENTS AND CONTINGENCIES
TOTAL CAPITALIZATION AND LIABILITIES. . . $ 79,565 $ 276 $ 3,567 $ 40,028
Exhibit A-2
ASTRA RESOURCES
CONSOLIDATING BALANCE SHEET
December 31, 1994
(Dollars in Thousands)
(Continued)
Astra
CCI Astra Gas Co Consolidating Resources
Consolidated Consolidated Entries Consolidated
ASSETS (Note A) (Note A)
UTILITY PLANT:
Electric plant in service . . . . . . . . . $ - $ - $ - $ -
Natural gas plant in service. . . . . . . . - - - -
- - - -
Less - Accumulated depreciation . . . . . . - - - -
- - - -
Construction work in progress . . . . . . . - - - -
Nuclear fuel (net). . . . . . . . . . . . . - - - -
Net utility plant. . . . . . . . . . . . - - - -
OTHER PROPERTY AND INVESTMENTS:
Net non-utility investments . . . . . . . . 40,686 14,171 (43,234) 73,502
Decommissioning trust . . . . . . . . . . . - - - -
Other . . . . . . . . . . . . . . . . . . . 928 537 (7) 2,289
41,614 14,708 (43,241) 75,791
CURRENT ASSETS:
Cash and cash equivalents . . . . . . . . . 122 789 - 1,997
Accounts receivable and
unbilled revenues (net) . . . . . . . . . 599 1,036 - 19,042
Accounts receivable - associated companies. - - - -
Notes receivable - associated companies . . - - - -
Fossil fuel, at average cost. . . . . . . . - - - -
Gas stored underground (average cost) . . . - - - -
Materials and supplies (average cost) . . . - - - -
Prepayments and other current assets. . . . 1,535 16 (37,670) 6,114
2,256 1,841 (37,670) 27,153
DEFERRED CHARGES AND OTHER ASSETS:
Deferred future income taxes. . . . . . . . - - - -
Deferred coal contract
settlement costs. . . . . . . . . . . . . - - - -
Phase-in revenues . . . . . . . . . . . . . - - - -
Corporate-owned life insurance (net). . . . - - - -
Other deferred plant costs. . . . . . . . . - - - -
Unamortized debt expense. . . . . . . . . . - - - -
Other . . . . . . . . . . . . . . . . . . . - - - -
- - - -
TOTAL ASSETS . . . . . . . . . . . . . . $ 43,870 $ 16,549 $ (80,911) $ 102,944
CAPITALIZATION AND LIABILITIES
CAPITALIZATION. . . . . . . . . . . . . . . . $ 19,275 $ 9,251 $ (42,104) $ 39,686
CURRENT LIABILITIES:
Short-term debt . . . . . . . . . . . . . . - - - -
Long-term debt due within one year. . . . . - - - -
Notes payable - associated companies. . . . 21,195 3,136 (35,270) 38,155
Accounts payable. . . . . . . . . . . . . . 813 791 - 12,788
Accounts payable - associated companies . . - - - 127
Accrued taxes . . . . . . . . . . . . . . . 87 2,104 (1,955) 1,075
Accrued interest and dividends. . . . . . . 474 90 (778) 864
Other . . . . . . . . . . . . . . . . . . . 572 95 (592) 946
23,141 6,216 (38,595) 53,955
DEFERRED CREDITS AND OTHER LIABILITIES:
Deferred income taxes . . . . . . . . . . . 1,032 901 (205) 3,445
Deferred investment tax credits . . . . . . - - - -
Deferred gain from sale-leaseback . . . . . - - - -
Other . . . . . . . . . . . . . . . . . . . 422 181 (7) 5,858
1,454 1,082 (212) 9,303
COMMITMENTS AND CONTINGENCIES
TOTAL CAPITALIZATION AND LIABILITIES. . . $ 43,870 $ 16,549 $ (80,911) $ 102,944
Exhibit A-2
ASTRA RESOURCES
CONSOLIDATING STATEMENT OF INCOME
Year Ended December 31, 1994
(Dollars in Thousands,
except Per Share Amounts)
Astra Astra
Astra Financial Limited Rangeline
Resources Services Partners Consolidated
(Note A)
OPERATING REVENUES:
Electric. . . . . . . . . . . . . . . . . . $ - $ - $ - $ -
Natural gas . . . . . . . . . . . . . . . . - - - -
Total operating revenues. . . . . . . . . - - - -
OPERATING EXPENSES:
Fuel used for generation:
Fossil fuel . . . . . . . . . . . . . . . - - - -
Nuclear fuel. . . . . . . . . . . . . . . - - - -
Power purchased . . . . . . . . . . . . . . - - - -
Natural gas purchases . . . . . . . . . . . - - - -
Other operations. . . . . . . . . . . . . . - - - -
Maintenance . . . . . . . . . . . . . . . . - - - -
Depreciation and amortization . . . . . . . - - - -
Amortization of phase-in revenues . . . . . - - - -
Taxes:
Federal income. . . . . . . . . . . . . . - - - -
State income. . . . . . . . . . . . . . . - - - -
General . . . . . . . . . . . . . . . . . - - - -
Total operating expenses. . . . . . . . - - - -
OPERATING INCOME. . . . . . . . . . . . . . . - - - -
OTHER INCOME AND DEDUCTIONS:
Corporate-owned life insurance (net). . . . - - - -
Gain on sales of Missouri Properties. . . . - - - -
Miscellaneous (net) . . . . . . . . . . . . 3,083 (26) 131 1,806
Equity earnings of subsidiary companies . . - - - -
Income taxes (net). . . . . . . . . . . . . - - - -
Total other income and deductions . . . . 3,083 (26) 131 1,806
INCOME BEFORE INTEREST CHARGES. . . . . . . . 3,083 (26) 131 1,806
INTEREST CHARGES:
Long-term debt. . . . . . . . . . . . . . . - - - -
Other . . . . . . . . . . . . . . . . . . . - - - -
Allowance for borrowed funds used during
construction (credit) . . . . . . . . . . - - - -
Total interest charges. . . . . . . . . - - - -
NET INCOME. . . . . . . . . . . . . . . . . . 3,083 (26) 131 1,806
PREFERRED AND PREFERENCE DIVIDENDS. . . . . . - - - -
EARNINGS APPLICABLE TO COMMON STOCK . . . . . $ 3,083 $ (26) $ 131 $ 1,806
Exhibit A-2
ASTRA RESOURCES
CONSOLIDATING STATEMENT OF INCOME
Year Ended December 31, 1994
(Dollars in Thousands,
except Per Share Amounts)
(Continued)
Astra
CCI Astra Gas Co Consolidating Resources
Consolidated Consolidated Entries Consolidated
(Note A) (Note A)
OPERATING REVENUES:
Electric. . . . . . . . . . . . . . . . . . $ - $ - $ - $ -
Natural gas . . . . . . . . . . . . . . . . - - - -
Total operating revenues. . . . . . . . . - - - -
OPERATING EXPENSES:
Fuel used for generation:
Fossil fuel . . . . . . . . . . . . . . . - - - -
Nuclear fuel. . . . . . . . . . . . . . . - - - -
Power purchased . . . . . . . . . . . . . . - - - -
Natural gas purchases . . . . . . . . . . . - - - -
Other operations. . . . . . . . . . . . . . - - - -
Maintenance . . . . . . . . . . . . . . . . - - - -
Depreciation and amortization . . . . . . . - - - -
Amortization of phase-in revenues . . . . . - - - -
Taxes:
Federal income. . . . . . . . . . . . . . - - - -
State income. . . . . . . . . . . . . . . - - - -
General . . . . . . . . . . . . . . . . . - - - -
Total operating expenses. . . . . . . . - - - -
OPERATING INCOME. . . . . . . . . . . . . . . - - - -
OTHER INCOME AND DEDUCTIONS:
Corporate-owned life insurance (net). . . . - - - -
Gain on sales of Missouri Properties. . . . - - - -
Miscellaneous (net) . . . . . . . . . . . . (386) 2,118 (3,643) 3,083
Equity earnings of subsidiary companies . . - - - -
Income taxes (net). . . . . . . . . . . . . - - - -
Total other income and deductions . . . . (386) 2,118 (3,643) 3,083
INCOME BEFORE INTEREST CHARGES. . . . . . . . (386) 2,118 (3,643) 3,083
INTEREST CHARGES:
Long-term debt. . . . . . . . . . . . . . . - - - -
Other . . . . . . . . . . . . . . . . . . . - - - -
Allowance for borrowed funds used during
construction (credit) . . . . . . . . . . - - - -
Total interest charges. . . . . . . . . - - - -
NET INCOME. . . . . . . . . . . . . . . . . . (386) 2,118 (3,643) 3,083
PREFERRED AND PREFERENCE DIVIDENDS. . . . . . - - - -
EARNINGS AVAILABLE TO COMMON STOCK. . . . . . $ (386) $ 2,118 $ (3,643) $ 3,083
Exhibit A-2
ASTRA RESOURCES
CONSOLIDATING STATEMENT OF RETAINED EARNINGS
December 31, 1994
(Dollars in Thousands)
Astra Astra
Astra Financial Limited Rangeline
Resources Services Partners Consolidated
(Note A)
BALANCE AT BEGINNING OF PERIOD. . . . . . . . $ 461 $ 293 $ (1,342) $ 595
ADD:
Net income. . . . . . . . . . . . . . . . . 3,083 (26) 131 1,806
Total . . . . . . . . . . . . . . . . . . 3,544 267 (1,211) 2,401
DEDUCT:
Cash dividends:
Preferred and preference stock. . . . . . . - - - -
Common stock. . . . . . . . . . . . . . . . - - - -
Total . . . . . . . . . . . . . . . . . . - - - -
BALANCE AT END OF PERIOD. . . . . . . . . . . $ 3,544 $ 267 $ (1,211) $ 2,401
Astra
CCI Astra Gas Co Consolidating Resources
Consolidated Consolidated Entries Consolidated
(Note A) (Note A)
BALANCE AT BEGINNING OF PERIOD. . . . . . . . $ (490) $ 2,192 $ (1,248) $ 461
ADD:
Net income. . . . . . . . . . . . . . . . . (386) 2,118 (3,643) 3,083
Total . . . . . . . . . . . . . . . . . . (876) 4,310 (4,891) 3,544
DEDUCT:
Cash dividends:
Preferred and preference stock. . . . . . . - - - -
Common stock. . . . . . . . . . . . . . . . - - - -
Total . . . . . . . . . . . . . . . . . . - - - -
BALANCE AT END OF PERIOD. . . . . . . . . . . $ (876) $ 4,310 $ (4,891) $ 3,544
Note A: The consolidated revenues and assets of this subsidiary is less than two percent of the consolidated
revenues and assets of Western Resources, Inc.
OPUR3
YEAR
DEC-31-1994
DEC-31-1994
PER-BOOK
5,189,618
1,617,943
187,447
