Unassociated Document

 
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