Schedule C-3, which is to be part of the working papers showing twelve average monthly book balances, during the 12 months in the base period, for each detailed plant account, each subtotal representing functional classifications and total plant, the sum of such 12 average balances shall be divided by 12; and the effect of proposed adjustments on the average balances: Provided, however, That to the extent plant costs are not available by detailed plant accounts they may be shown by functional classifications.

Schedule C-4, which is to be part of the working papers, summarizing the following by years with respect to the book changes in gas plant in service (Account 101) for the last five calendar years of the operations of the Company or its predecessors and proposed adjustments to such account:

(a) Starting Balance.

(b) Major additions and retirements by work orders (small items grouped) including the following:

(1) Major completed work orders including number, description, and amount.

(ii) Month placed in service or retired from service.

(iii) Period of construction.

(iv) Cross reference to FPC certification showing docket number and the dates the certificate was issued and accepted.

(c) Other major transactions recorded such as corrections, transfers, etc. Show sufficient detail so that the nature of the major changes will be clearly disclosed.

(d) Closing Balance.

Schedule C-5 showing in respect of Accounts 106 and 107, at the beginning and end, respectively, of the 12 months of actual experience a list of uncompleted work orders (small items grouped) claimed in the rate base, giving the work order number, description and amount of each, and the amounts of each type of undistributed construction overheads. As part of the working papers include: a main-line map showing all major projects completed during the base period, with a key system indicating major work orders included in each project and reference to FPC certificate numbers; a list of principal projects certificated by FPC (including temporary certificates for the last five calendar years, ending during the 12 months of actual experience), setting forth the actual or estimated cost of the faciilty and indicating the total increase in contract demand and annual volumes associated with each major certificate.

Schedule C-6, which material may be contained in Company's FPC Form No. 2, and cross-referenced if such report is up to date, giving details of each storage project owned,

showing cost by major functions, and base top gas storage volumes for the test period and for the 12 months of actual experience also making reference to any special rate schedules relating thereto, with monthly volumes and associated dollars for the inputs and outputs for the 12 months of actual experience.

Schedule C-7, which is to be part of the working papers, if company produces gas, a map, showing counties in the United States for such producing acreage.

Schedule C-8, which material may be crossreferenced from Company's FPC Form No. 2, summary by producing areas of gas reserves owned and a complete explanation of methods and procedures used in amortizing capitalized well costs.

Schedule C-9, which is to be part of the working papers, summarizing at end of period the cost of gathering facilities by major producing areas and by major type of plant.

Schedule C-10, which is to be part of the working papers, giving full details including docket number of any acquisitions of gas inplace, other than acquisition of leasehold interests, for the last five calendar years, ending during the twelve months of actual experi

ence.

Schedule C-11, which is to be part of the working papers, summary cost of plant in service for each gasoline extraction and major purification (CO2) plant owned or operated by the company.

Schedule C-12, which is to be part of the working papers, and may be cross-referenced if such material is in the company's FPC Form No. 2, complete statement of methods and procedures followed in capitalizing interest during construction and other construction overheads, including any policy changes, effective dates and reasons therefor for the last five calendar years, ending during the twelve months of actual experience.

Schedule C-13, which is to be part of the working papers, and may be cross-referenced if such material is in the company's FPC Form No. 2, showing any significant changes in intangible plant for the last five calendar years, ending during the twelve months of actual experience.

Schedule C-14, which is to be part of the working papers, setting forth the cost of plant in service and description thereof carried on the company's books as gas utility plant which was not being used in rendering gas service.

Schedule C-15, which is to be part of the working papers, description of the continuing property records maintained by the company, including methods and procedures used to price retirements, and a list of re

tirement units used by the company in pricing retirements.

Schedule C-16, which is to be part of the working papers, setting forth any operating units or systems acquired for which Commission approval of the final accounting has not been obtained. For such acquisitions submit summary analysis of the property acquired, proposed journal entries to record the acquisition and the proposed disposition of any difference between cost of acquisition and net original cost.

Statement D—Accumulated provisions for depreciation, depletion, amortization and abandonment. This statement shall show the accumulated provisions for depreciation, amortization, depletion, and abandonment (Accounts 108, 109, 110, 111.1, 111.2, 111.3, 112, 113.1, 113.2), as of the beginning of the 12 months of actual experience, the book additions and reductions during the 12 months, together with the balances at the end of the 12-month period. In adjoining columns there should be shown the adjustments, if any, to the book amounts and the total. All adjustments shall be clearly and fully explained in the supporting material submitted.

The following schedules and additional material shall be submitted as part of Statement D:

Schedule D-1, which is to be part of the working papers, showing twelve average monthly book balances, during the twelve months in the base period, for each account and functional plant classification, the sum of such 12 average balances shall be divided by 12; and the effect of proposed adjustments on the average balances.

Schedule D-2, which is to be part of the working papers and may be cross-referenced from Company's FPC Form No. 2 summarizing the following by years with respect to the book changes in each account set forth in Statement D since the date of the last prior staff review, and proposed adjustments to such accounts.

(a) Starting balance.

(b) Annual provision.

(c) Retirements (with cross-reference to plant schedule).

(d) Salvage.

(e) Removal costs.

(f) Adjustments (including particulars of any significant items).

(g) Ending balance.

Schedule D-3, which is to be part of the working papers, a description of the methods and procedures followed in depreciating, depleting, or amortizing plant and recording abandonments by the company if any policy change has been made effective since the period covered by the last annual report on

FPC Form No. 2 was filled with the Commission.

Schedule D-4, with respect to each allocation of an overall account to obtain the amounts applicable to various functional groups of plant, a complete explanation of the method, procedures and significant data used in making the allocation.

Statement E-Working Capital. This statement shall show the computation of the working capital claimed as a part of the gas utility rate base. The statement shall show the respective components of the claimed working capital and be in such detail as to show how the amount of each component was computed.

The components of working capital may include (a) an amount equivalent to oneeighth of annual operating expenses, as adjusted, exclusive of the cost of gas purchased for resale; fuel gas charged to operating expenses; royalty payments on gas produced; transmission and compression of gas by others; royalty payments on products extracted; products purchased for resale; net of exchanged gas; and noncash operating expenses such as depreciation transferred through clearing accounts to operating expenses; and (b) an allowance for the average of 13 monthly balances of materials and supplies, prepayments and gas for current delivery from underground storage. Also, during the period the corporate tax payment provisions of the Internal Revenue Code of 1954 remain in effect there shall be reflected a credit to the gross working capital an amount equal to 50 percent of the current portion of the claimed federal income tax allowance in the cost of service. Any working capital item claimed which is different from or in addition to those specified herein shall be explained and the reasons for inclusion therein shall be given.

The following schedules and additional material shall be submitted as part of Statement E:

Schedule E-1 setting forth monthly balances for materials and supplies and prepayments in such details as to disclose, either by subaccounts regularly maintained on the books or by analysis of the principal items included in the main account, the nature of the charges included therein.

Schedule E-2 setting forth monthly balances of material and supplies and prepayments on purchased gas for two years immediately preceding the 12 months of actual experience used in the filing.

Schedule E-3 showing the quantities and the respective costs of natural gas stored at the beginning of the test period, the input, output and balance remaining in Mcf and

associated costs by months, method of pricing input, output and balance, and the claimed adjustments shall be disclosed and clearly and fully explained.

Schedule E-4 showing the computations, cross-references and sources from which the data used in computing claimed working capital are derived.

Statement F(1)-Rate of return claimed. This statement shall show the percentage rate of return claimed and the general reasons therefor.2

Statement F(2)-This statement shall show, based upon the company's capitalization, the cost of debt capital and preferred stock capital and the return on the stockholder's equity resulting from the overall rate of return claimed.

Statement F(3)—Debt capital. This statement shall show the weighted average cost of debt capital based upon the following data for each class and series of long-term debt outstanding according to the balance sheet as of the end of the 12-months' actual experience.

(a) Title.

(b) Date of issuance and date of maturity. (c) Interest rate.

(d) Principal amount of issue:

Gross proceeds.

Underwriters' discount or commission:
Amount.

Percent gross proceeds.
Issuance expense:
Amount.

Percent gross proceeds.

Net proceeds.

Net proceeds per unit.

(e) Cost of money:

Yield to maturity based on the interest rate and net proceeds per unit outstanding determined by reference to any generally accepted table of bond yields.

(f) If issue is owned by an affiliate, state name and relationship of owner.

Statement F (4)—Preferred stock capital. This statement shall show the weighted average cost of preferred stock capital based upon the following data for each class and series of preferred stock outstanding accord

Where the capital of the filing company is not primarily obtained through its own financing, but is primarily obtained from a company by which the filing company is controlled, as defined in the Uniform System of Accounts, then the data required by those statements shall be submitted with respect to the debt capital, preferred stock capital and common stock capital of such controlling company or any intermediate company through which such funds have been secured. Furnish the staff a copy of the latest prospectus issued by the natural gas company, any superimposed holding company or subsidiary companies.

Percent gross proceeds.
Net proceeds.

Net proceeds per unit. (g) Cost of money:

Dividend rate divided by net proceeds per unit.

(h) Whether issue was offered to stockholders through subscription rights or to the public.

(1) If issue is owned by an affiliate, state name and relationship of owner.

Statement F(5)—Common stock capital. This statement shall show for each sale of common stock during the five-year period preceding the balance sheet as of the end of the 12-months' actual experience: (a) Number of shares sold.

(b) (1) Gross proceeds at offering price.
(2) Underwriters' discount or com-
mission:
Amount.

Percent gross proceeds.
(3) Proceeds to applicant.
(4) Issuance expenses:
Amount.

Percent gross proceeds.

(5) Net proceeds:

Offering price per share. Net proceeds per share. (c) Book value per share at date immediately prior to issuance:

Closing market price at latest trading date prior to date of issuance.

Latest published earnings per share available at date of issuance.

Dividend rate at date of issuance.

(d) Whether issue was offered to stockholders through subscription rights or to the public; whether common stock was issued for property or for capital stock of others.

The following schedules and additional material shall be submitted as part of Statement F(5):

Schedule F(5)-1. Submit information respecting any stock dividends, stock splits or changes in par or stated value during fiveyear period preceding date of the balance sheet and by months for the 12-month period ended that date.

Schedule F(5)-2. Submit following information on outstanding common stock for the five calendar years preceding the date of balance sheet and by months for the 12month period ended that date:

Schedule F(5)−3. If the applicant relied upon ratios or other data concerning the common stocks of other specific companies in reaching its conclusion as to a fair allowance for earnings on common equity, submit the following information to the extent available from published sources respecting the common stock of such other companies:

(a) With respect to recent issuances, the same information as submitted under Statement F(5).

(b) With respect to outstanding issues, the same information as submitted under Schedule F(5)-2.

Schedule F(5)-4. Show the earnings per share of common stock which the claimed rate of return would yield.

Statement G-Gas operating revenues and sales volumes. This statement shall show the operating revenues from sales of gas and other sources classified in accordance with the operating revenue accounts prescribed by the Commission's Uniform System of Accounts, and the related volumes of gas and products. Sales and services and related volumes shall be classified as between jurisdictional and nonjurisdictional; items which are reflected as credits to cost of service in preparing Statement A, Overall Cost of Service shall be identified. Statement G shall disclose the following, using supporting schedules as necessary.

(a) Revenues by months and the totals thereof for the 12 months of actual experience from Jurisdictional sales as computed under the presently effective and proposed rates together with the differences in the annual revenues, and the actual annual revenues from the nonjurisdictional sales.

(b) Revenues by months and the totals thereof for 12 months of actual experience as adjusted for changes which are known and measurable and which are expected to be realized within the test period from jurisdictional sales as computed under the presently effective and proposed rates together with the differences in the annual revenues for the test period, and the annual revenues from the nonjurisdictional sales under the rates effective during the test period.

Each jurisdictional sale for resale, and each jurisdictional transportation service, shall be shown separately but the mainline nonjurisdictional sales and nonjurisdictional field sales may be separately grouped and the other sales may also be grouped by the classifications prescribed by the Commission's Uniform System of Accounts for Natural Gas Companies. For each revenue item shown separately, there shall be shown the points of delivery, the billing quantities for each month and their determinants or adjustments (demands, volumes, Btu content, Btu adjustment, etc.), and the maximum single day's delivery in each month if available. In the event any sale shown separately is made through more than one delivery point, and conjunctive billing is provided by the tariff, the above data may be combined for all delivery points.

Adjustments to actual period sales volumes, jurisdictional and nonjurisdictional, shall be fully and clearly explained including reference to any certificate docket authorizing changes in sales.

All penalties paid by jurisdictional cus

tomers shall be stated separately from sales

revenues.

The total jurisdictional revenues under the proposed increased rates shall be broken down to show demand revenues, commodity revenues, Btu adjustment, etc. The revenue and other data shall be grouped and totaled by rate schedules and by zones.

Credits to cost of service shall set forth the principal components comprising each of the various items which are reflected as credits to cost of service in preparing Statement A. The amounts per books, adjustments and as adjusted shall be clearly set forth.

This Statement G shall be included, in full, in the submittal to the Commission and to all State commissions having jurisdiction over the affected customers of the natural gas company. The submittal to each of the affected customers may be limited to exclude the above details by months except with respect to the gas sales to, or transportation service for, that particular customer, provided a copy of Statement G, in full, is promptly submitted to any affected customer upon such customer's request.

Statement H (1)—Operation and Maintenance expenses. This statement shall show the gas operation and maintenance expenses according to each account of the Uniform System of Accounts for Natural Gas Companies. The expenses shall be shown under appropriate columnar-headings, as follows, with subtotals for each functional classification: (a) Operation and maintenance expense by months, as booked, for the 12 months of actual experience, and the total thereof, (b) adjustments, if any, to expenses as booked, and (c) total adjusted operation and maintenance expenses claimed. Detailed explanations of the adjustments, if any, and the manner of their determination shall be supplied, specifying the month or months during which the adjustments would be applicable.

The following schedules and additional material shall be submitted as part of Statement H(1):

Schedule H (1)−1 showing the 12 months of actual experience and the adjustments thereto, by functional classifications, the separate amounts for (1) labor, and (2) materials and other charges included in each operation and maintenance expense account of the Uniform System of Accounts for Natural Gas Companies, per books and as adjusted. In the event monthly operation and maintenance expenses as presented per books reflect any special accrual or equalization accounting entries for internal purposes the effect thereof shall be fully disclosed and explained. Any amounts not currently payable, except depreciation charged through clearing accounts, included in operation and maintenance expenses shall be fully explained.

Schedule H (1)-2 in respect of those companies having production plant or which are conducting exploration activities showing for the 12 months of actual experience, by

-month, and except for (e) below, for each of the previous four calendar or fiscal years the annual cost of:

(a) Delay rentals.

(b) Nonproductive well drilling. (c) Abandoned leases.

(d) Other exploration expenses.

(e) For the test year, overriding royalties, showing separately the annual amount and payee, only where payments are based on cents per Mcf as distinguished from a percentage of the value of the gas and only where payments exceed 3 cents per Mcf with total annual payments to a payee exceeding $50,000.

(f) Describe fully payments made under profit-sharing agreements relating to produced gas where the company is operator and net profits exceed $100,000 annually.

Schedule H (1)−3, showing the total annual cost of gas purchased for the 12 months of actual experience, the adjustments thereto, and the total adjusted cost for test period, with the data grouped by States and producing areas and detailed by contract or rate scheduled designation, field, volumes in Mcf at a common pressure base and price in total for the contracts or rate schedules under which actual or adjusted volumes exceed 1,000,000 Mcf annually. If any of such prices are effective subject to refund, there shall be shown, by contract and the Commission docket number, for the base period, the rate per Mcf, and the amount collected subject to refund. Field purchases under rate schedules where the actual or adjusted volumes are less than 1,000,000 Mcf annually may be grouped by field or producing area, but with a statement of the extent to which prices effective subject to refund are included. Purchases from pipelines in any volume shall be shown in full detail by rate schedule including splits between demand and commodity charges.

In the event adjustments are made to the volumes of gas taken from any source during the 12 months of actual experience, a detailed explanation and data in support of the adjusted volumes shall be furnished. No adjustments are to be made to reflect the attachment of new gas supplies unless both the filing company and the supplier have each obtained the required permanent or temporary certificates of public convenience and necessity and the necessary facilities by both are or will have been in operation during the test period.

In the event the adjustments to volume aggregate more than 10 percent of the total volume of gas purchased during the 12 months of actual experience, and are due to change in gas purchase pattern or additional gas supply, the minimum take-or-pay-for quantities for each source of supply, applicable at the end of the test year period, and the reasons for making such adjustments shall be submitted.

If the company purchases and sells gas under exchange agreements, the method of recording on books, total gross volumes ex