ITEM 1. SYSTEM COMPANIES AND INVESTMENTS THEREIN AS OF DECEMBER 31, 2003
|
Number of Common |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Great Plains Energy Incorporated |
|
|
|
|
|
|
Holding company |
Investment in unsecured debt (Note 9) |
n/a |
n/a |
$ |
31,139 |
$ |
31,139 |
|
|
|
|
|
|
|
|
|
Innovative Energy Consultants Inc. (Note 1) |
1 |
100% |
$ |
15,702 |
$ |
15,702 |
Intermediate holding company; Rule 58 energy-related |
|
|
|
|
|
|
|
|
Great Plains Energy Services Incorporated (Note 10) |
1 |
100% |
$ |
(1,874) |
$ |
(1,874) |
Services company |
|
|
|
|
|
|
|
|
Great Plains Power Incorporated (Note 1) |
1 |
100% |
$ |
(1,737) |
$ |
(1,737) |
Power generation development |
Investment in unsecured debt (Note 9) |
n/a |
n/a |
$ |
28 |
$ |
28 |
|
|
|
|
|
|
|
|
|
Kansas City Power & Light Company |
1 |
100% |
$ |
855,558 |
$ |
855,558 |
Electric public utility |
Investment in unsecured debt (Note 9) |
n/a |
n/a |
$ |
11,258 |
$ |
11,258 |
|
|
|
|
|
|
|
|
|
Kansas City Power & Light Receivables Company |
1,000 |
100% |
$ |
1,809 |
$ |
1,809 |
Financing subsidiary |
|
|
|
|
|
|
|
|
KCPL Financing I (Trust) |
(Note 3) |
(Note 3) |
$ |
4,640 |
$ |
4,640 |
Financing subsidiary |
|
|
|
|
|
|
|
|
KCPL Financing II (Trust)* |
(Note 3) |
(Note 3) |
$ |
- |
$ |
- |
Financing subsidiary |
|
|
|
|
|
|
|
|
KCPL Financing III (Trust)* |
(Note 3) |
(Note 3) |
$ |
- |
$ |
- |
Financing subsidiary |
|
|
|
|
|
|
|
|
Wolf Creek Nuclear Operating Corporation (Note 2) |
47 |
47% |
$ |
0.1 |
$ |
0.047 |
Nuclear operation & management; Rule 58 energy-related |
|
|
|
|
|
|
|
|
Home Service Solutions Inc. |
46,902,140 |
100% |
$ |
6,048 |
$ |
6,048 |
Intermediate holding company; Rule 58 energy-related |
Investment in unsecured debt (Note 9) |
n/a |
n/a |
$ |
2,885 |
$ |
2,885 |
|
|
|
|
|
|
|
|
|
Worry Free Service, Inc. |
9,500,000 |
100% |
$ |
7,897 |
$ |
7,897 |
Rule 58 energy-related |
|
|
|
|
|
|
|
|
KLT Inc. |
150,000 |
100% |
$ |
190,662 |
$ |
190,662 |
Intermediate holding company |
Investment in unsecured debt (Note 9) |
n/a |
n/a |
$ |
148,193 |
$ |
148,193 |
|
|
|
|
|
|
|
|
|
KLT Investments Inc. (Note 1) |
23,468 |
100% |
$ |
90,183 |
$ |
90,183 |
Intermediate holding company |
|
|
|
|
|
|
|
|
KLT Investments II Inc. (Note 1) |
9,885 |
100% |
$ |
10,630 |
$ |
10,630 |
Intermediate holding company |
Investment in unsecured debt (Note 9) |
n/a |
n/a |
$ |
8,523 |
$ |
8,523 |
|
|
|
|
|
|
|
|
|
KLT Energy Services Inc. (Note 1) |
37,645 |
100% |
$ |
118,120 |
$ |
118,120 |
Intermediate holding company; Rule 58 energy-related |
Investment in unsecured debt (Note 9) |
n/a |
n/a |
$ |
42,451 |
$ |
42,451 |
|
|
|
|
|
|
|
|
|
Custom Energy Holdings, L.L.C. (Note 4) |
(Note 4) |
(Note 4) |
|
(Note 4) |
|
(Note 4) |
Intermediate holding company; Rule 58 energy-related |
|
|
|
|
|
|
|
|
Strategic Energy, L.L.C. (Note 4) |
(Note 4) |
(Note 4) |
$ |
78,866 |
$ |
78,866 |
Rule 58 energy-related |
1
|
Number of Common |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
KLT Gas Inc. (Note 1) |
61,038 |
100% |
$ |
25,964 |
$ |
25,964 |
Intermediate holding company; Gas exploration, development and production |
Investment in unsecured debt (Note 9) |
n/a |
n/a |
$ |
15,401 |
$ |
15,401 |
|
|
|
|
|
|
|
|
|
Apache Canyon Gas, L.L.C. (Note 5) |
uncertificated |
100% |
$ |
(11,358) |
$ |
(11,358) |
Gas exploration, development and production |
|
|
|
|
|
|
|
|
FAR Gas Acquisitions Corporation |
755 |
100% |
$ |
16,526 |
$ |
16,526 |
Intermediate holding company |
|
|
|
|
|
|
|
|
Forest City, LLC (Note 5)* |
uncertificated |
100% |
$ |
(351) |
$ |
(351) |
Gas exploration, development and production |
|
|
|
|
|
|
|
|
Forest City Gathering, LLC * (Note 6) |
uncertificated |
88% |
$ |
- |
$ |
- |
Inactive |
|
|
|
|
|
|
|
|
KLT Gas Operating Company (Note 1) |
1 |
100% |
$ |
2,383 |
$ |
2,383 |
Natural gas gathering system |
|
|
|
|
|
|
|
|
Patrick KLT Gas, LLC * (Note 7) |
uncertificated |
50% |
$ |
- |
$ |
- |
Inactive |
|
|
|
|
|
|
|
|
KLT Telecom Inc. (Note 1) |
62,415 |
100% |
$ |
(130,780) |
$ |
(130,780) |
Intermediate holding company; Exempt telecommunications |
|
|
|
|
|
|
|
|
Advanced Measurement Solutions, Inc. * |
200 |
100% |
$ |
- |
$ |
- |
Inactive |
|
|
|
|
|
|
|
|
Copier Solutions, LLC * (Note 8) |
uncertificated |
100% |
$ |
- |
$ |
- |
Inactive |
|
|
|
|
|
|
|
|
Municipal Solutions, L.L.C. * (Note 8) |
uncertificated |
100% |
$ |
- |
$ |
- |
Inactive |
|
|
|
|
|
|
|
|
Telemetry Solutions, L.L.C. * (Note 8) |
uncertificated |
100% |
$ |
- |
$ |
- |
Inactive |
|
|
|
|
|
|
|
|
Inactive companies at December 31, 2003 are denoted by an asterisk " * ".
Note 1: Statutory close corporation with no board of directors.
Note 2: Wolf Creek Nuclear Operating Corporation had three classes of shares (A, B and C) outstanding at December 31, 2003, of which, Kansas City Power & Light Company is a class B shareholder. Each shareholder class selects its Director. The A, B and C Directors jointly select the fourth Director by unanimous vote. The class B Director has 47 votes of 101 total director votes.
Note 3: In 1996, Kansas City Power & Light Company ("KCP&L") established KCPL Financing I, a trust that sold $150 million of trust originated preferred securities that represented preferred beneficial interests and 97% beneficial ownership in the assets held by the trust. In exchange, funds realized from the sale of the trust originated preferred securities and $4.6 million of common securities that represented the remaining 3% beneficial ownership in the assets held by the trust, KCP&L issued to the trust $154.6 million of its 8.3% junior subordinated deferrable interest debentures, due 2037. These debentures constitute all of the trust's assets.
KCP&L also established in 1996 KCPL Financing II and KCPL Financing III for the purpose of issuing trust originated trust preferred securities at future times. These two trusts have not issued trust preferred securities and are inactive.
2
Note 4: Custom Energy Holdings, L.L.C. ("CE")
has one subsidiary; Strategic Energy, L.L.C. ("SEL"). The voting and economic interests in those two entities are represented by four series of interests issued by CE. KLT Energy Services Inc. ("KLTES") and Innovative Energy Consultants, Inc. ("IEC") hold approximately 61% and 7.4%, respectively, of the voting and economic interests attributable to CE alone, and each is entitled to appoint one of three CE management committee representatives. CE voting and economic interests have no book value. Each CE management committee representative has one vote. KLTES and IEC hold 82.75% and 5.8%, respectively, of the economic and voting interests in SEL, and are entitled to appoint three out of four SEL management committee representatives. The representatives of KLTES and IEC to the SEL management committee have 88.55% of the management committee vote. The book v alue of Strategic Energy, L.L.C. (issuer) is $78.9 million, with a division of owner's book value between KLTES and IEC of $65.2 million and $4.6 million, respectively.Note 5: Member-managed company, with percentage of interest owned shown.
Note 6: Percentage of membership interest owned is shown. The company is a manager-managed company; manager cannot be replaced except under certain circumstances. KLT Gas Inc. is the current manager.
Note 7: Percentage of membership interest owned is shown. KLT Gas Inc. representatives to the management committee hold 50% of the management committee vote.
Note 8: Percentage of membership interest owned is shown.
Note 9: Investment in unsecured debt
Note 10: Great Plains Energy Services Incorporated, incorporated April 1, 2003, as a Missouri statutory close corporation, is a subsidiary service company under Section 13 of the Public Utility Holding Company Act of 1935, as amended providing services to Great Plains Energy and certain of its subsidiaries.
|
|
|
|
Principal Amount |
|
Issuer |
|
Owner |
|
|
|
|
|
|
|
|
|
Great Plains Energy Incorporated (owner) |
|
|
|
|
|
|
|
|
Great Plains Power Incorporated |
2.27% |
Demand open account |
$ |
1,345 |
$ |
1,427 |
$ |
1,427 |
KLT Inc. |
|
Promissory note - March 5, 2005 |
|
2,833 |
|
6,352 |
|
6,352 |
Home Service Solutions Inc. |
|
Promissory note - March 5, 2004 |
|
21,983 |
|
22,365 |
|
22,365 |
Innovative Energy Consultants Inc. |
6.71% |
Demand open account |
|
687 |
|
687 |
|
687 |
Great Plains Energy Services Incorporated |
6.71% |
Demand open account |
|
308 |
|
308 |
|
308 |
|
|
|
$ |
27,156 |
$ |
31,139 |
$ |
31,139 |
|
|
|
|
|
|
|
|
|
Great Plains Power Incorporated (owner) |
|
|
|
|
|
|
|
|
Home Service Solutions Inc. |
- % |
Receivable |
$ |
26 |
$ |
26 |
$ |
26 |
Worry Free Service, Inc. |
- % |
Receivable |
|
2 |
|
2 |
|
2 |
|
|
|
$ |
28 |
$ |
28 |
$ |
28 |
|
|
|
|
|
|
|
|
|
Kansas City Power & Light Company (owner) |
|
|
|
|
|
|
|
|
Great Plains Power Incorporated |
- % |
Receivable |
$ |
1,869 |
$ |
1,869 |
$ |
1,869 |
Home Service Solutions Inc. |
7.74% |
Demand open account |
|
(Note 11) |
|
2,868 |
|
2,868 |
Worry Free Service, Inc. |
7.74% |
Demand open account |
|
(Note 11) |
|
2,168 |
|
2,168 |
KLT Inc. |
- % |
Receivable |
|
4,353 |
|
4,353 |
|
4,353 |
|
|
|
|
|
$ |
11,258 |
$ |
11,258 |
3
|
|
|
|
Principal Amount |
|
Issuer |
|
|
|
|
|
|
|
|
|
|
|
Home Service Solutions Inc. (owner) |
|
|
|
|
|
|
|
|
Worry Free Service, Inc. |
7.74% |
Demand open account |
|
(Note 11) |
$ |
2,885 |
$ |
2,885 |
|
|
|
|
|
$ |
2,885 |
$ |
2,885 |
KLT Inc. (owner) |
|
|
|
|
|
|
|
|
KLT Gas Inc. |
8.25% |
Demand open account |
|
(Note 11) |
$ |
13,283 |
$ |
13,283 |
KLT Telecom Inc. |
8.25% |
Demand open account |
|
(Note 11) |
|
134,743 |
|
134,743 |
|
|
|
|
|
$ |
148,026 |
$ |
148,026 |
KLT Investments (owner) |
|
|
|
|
|
|
|
|
KLT Inc. |
8.25% |
Demand open account |
|
(Note 11) |
$ |
9,310 |
$ |
9,310 |
|
|
|
|
|
$ |
9,310 |
$ |
9,310 |
|
|
|
|
|
|
|
|
|
KLT Investments II Inc. (owner) |
|
|
|
|
|
|
|
|
KLT Inc. |
8.25% |
Demand open account |
|
(Note 11) |
$ |
8,523 |
$ |
8,523 |
|
|
|
|
|
|
|
|
|
KLT Energy Services Inc. (owner) |
|
|
|
|
|
|
|
|
KLT Inc. |
8.25% |
Demand open account |
|
(Note 11) |
$ |
42,388 |
$ |
42,388 |
KLT Telecom Inc. |
8.25% |
Demand open account |
|
(Note 11) |
|
34 |
|
34 |
Custom Energy Holdings, L.L.C. |
- % |
Receivable |
|
(Note 11) |
|
29 |
|
29 |
$ |
42,451 |
$ |
42,451 |
|||||
|
|
|
|
|
|
|
|
|
KLT Gas Inc. (owner) |
|
|
|
|
|
|
|
|
Apache Canyon Gas, L.L.C. |
8.25% |
Demand open account |
|
(Note 11) |
$ |
11,369 |
$ |
11,369 |
KLT Gas Operating Company |
8.25% |
Demand open account |
|
(Note 11) |
|
341 |
|
341 |
Forest City, LLC |
8.25% |
Demand open account |
|
(Note 11) |
|
3,691 |
|
3,691 |
|
|
|
|
|
$ |
15,401 |
$ |
15,401 |
Note 11: Principal amount not readily available. Interest and principal are accumulated together in issuer and owner book value.
Non-corporate subsidiaries at December 31, 2003:
Name of subsidiary |
Form of organization |
Equity investment |
|
|
|
Custom Energy Holdings, L.L.C. |
Limited Liability Company |
Reported above |
Strategic Energy, L.L.C. |
Limited Liability Company |
Reported above |
Apache Canyon Gas, L.L.C. |
Limited Liability Company |
Reported above |
Forest City, LLC |
Limited Liability Company |
Reported above |
Forest City Gathering, LLC |
Limited Liability Company |
Reported above |
Patrick KLT Gas, LLC |
Limited Liability Company |
Reported above |
Copier Solutions, LLC |
Limited Liability Company |
Reported above |
Municipal Solutions, L.L.C. |
Limited Liability Company |
Reported above |
Telemetry Solutions, L.L.C. |
Limited Liability Company |
Reported above |
KCPL Financing I (Trust) |
Delaware Business Trust |
Reported above |
KCPL Financing II (Trust) |
Delaware Business Trust |
Reported above |
KCPL Financing III (Trust) |
Delaware Business Trust |
Reported above |
4
Subsidiaries added during 2003:
Great Plains Energy Services Incorporated
Great Plains Energy Services Incorporated, incorporated April 1, 2003, as a Missouri statutory close corporation, is a subsidiary service company under Section 13 of the Public Utility Holding Company Act of 1935, as amended, providing services to Great Plains Energy and certain of its subsidiaries.
Changes in the status of existing subsidiaries during 2003:
R.S. Andrews Enterprises, Inc. and subsidiaries
Home Service Solutions Inc. disposed of its investment in R.S. Andrews Enterprises, Inc., as of June 30, 2003.
Echannel Inc.
This corporation was reported as a subsidiary in the 2002 U5S. Subsequently, it was determined that the corporation's charter was revoked as of March 1, 2002.
Custom Energy, L.L.C.
KLT Energy Services Inc. sold its equity interest in this company as of August 14, 2003.
Globalutiliytexchange.com, L.L.C.
This company was dissolved as of March 28, 2003.
DTI Holdings Inc., Digital Teleport, Inc. and Digital Teleport of Virginia, Inc.
The stock of these Exempt Telecommunications Companies was cancelled and extinguished pursuant to the terms of a joint reorganization plan, which became effective on June 24, 2003.
Subsidiaries of more than one System company at December 31, 2003:
Custom Energy Holdings, L.L.C. is a subsidiary of KLT Energy Services Inc. and Innovative Energy Consultants, Inc. Strategic Energy, L.L.C. is a subsidiary of KLT Energy Services Inc. and an affiliate of Innovative Energy Consultants, Inc.
ITEM 2. ACQUISITIONS OR SALES OF UTILITY ASSETS
During 2003, there were no acquisitions of utility assets by System companies involving consideration of more than $1 million, nor were any transactions concerning acquisitions of utility assets reported in a certificate filed pursuant to Rule 24.
In 2003, KCP&L sold a parcel of land at its distribution operations service center site located in Overland Park, Kansas, to the City of Overland Park for $3.5 million, and the City's undertaking to demolish the improvements on the site, grade the site and assist in rezoning the site. The parcel of land sold to the City will be used for street right of way purposes. The transaction is exempt under Rule 43(b).
Kansas City Power & Light Company entered into a certain Amended and Restated Lease dated as of October 12, 2001 with Wells Fargo Bank Northwest, N.A., relating to five combustion turbines, as authorized by the commission (HCAR 27436). There are no rental payments under the lease until 2004. The lease expiration date is October 2006.
5
ITEM 3. ISSUE, SALE, PLEDGE, GUARANTEE OR ASSUMPTION OF SYSTEM SECURITIES
None, except as reported in certificates filed pursuant to Rule 24 and Form U-6B-2 for the year 2003. The following is a list of Forms U-6B-2 filed by System companies during 2003:
Certificate is filed by: |
Date Filed: |
|
|
Kansas City Power & Light Company |
September 2 |
Innovative Energy Consultants, Inc. |
January 9, November 26 |
KLT Inc. |
March 19, May 29, August 7, August 28, November 26 |
Great Plains Power Incorporated |
April 8, August 28, November 26 |
Strategic Energy, L.L.C. |
March 20, April 2, June 12 |
Custom Energy/M&E Sales, L.L.C. |
March 19, May 29 |
Custom Energy Holdings, L.L.C. |
August 28 |
KLT Telecom Inc. |
March 19, May 29, August 28, November 26 |
KLT Gas Inc. |
March 19, May 29, June 23, August 28, November 26 |
KLT Gas Operating Company |
May 29, August 28, November 26 |
Far Gas Acquisitions Corporation |
March 19, May 29, August 28, November 26 |
Apache Canyon Gas, LLC |
March 19, May 29, August 28, November 26 |
Forest City, LLC |
March 19, May 29, August 28, November 26 |
KLT Investments Inc. |
March 19, May 29, November 26 |
KLT Investments II Inc. |
March 19 |
Home Service Solutions Inc. |
January 13, March 19, May 29, August 28, November 26 |
Worry Free Service, Inc. |
March 19, May 29, August 28, November 26 |
R.S. Andrews Enterprises, Inc. |
January 2, March 19, March 20, May 9, August 28 |
R.S. Andrews Services, Inc. |
March 19, May 29, August 28 |
R.S. Andrews Enterprises of Columbus, Inc. |
March 19, May 29, August 28 |
R.S. Andrews Enterprises of Kansas, Inc. |
March 19, May 29, August 28 |
RSA Services Termite and Pest Control, Inc. |
March 19, August 28 |
R.S. Andrews of Chattanooga, Inc. |
March 19, May 29, August 28 |
R.S. Andrews of Tidewater, Inc. |
March 19, May 29, August 28 |
R.S. Andrews of Fairfax, Inc. |
March 19, May 29, August 28 |
R.S. Andrews of South Carolina, Inc. |
March 19, May 29, August 28 |
R.S. Andrews of Charleston, Inc. |
March 19, May 29, August 28 |
R.S. Andrews Enterprises of Dallas, Inc. |
March 19, May 29, August 28 |
R.S. Andrews of Stuart II, Inc. |
March 19, May 29, August 28 |
R.S. Andrews of Maryland, Inc. |
January 2, March 19, May 29, August 28 |
R.S. Andrews of Wilmington, Inc. |
March 19, May 29, August 28 |
ITEM 4. ACQUISITION, REDEMPTION, OR RETIREMENT OF SYSTEM SECURITIES
The following securities were acquired, redeemed, or retired during 2003:
Kansas City Power & Light Company
On January 13, 2003, Kansas City Power & Light Company called prior to maturity, with consideration of $30 million, Series D medium term notes (exempt under Rule 42).
On January 13, 2003, Kansas City Power & Light Company called prior to maturity, with consideration of $44 million, Series C medium term notes (exempt under Rule 42).
On January 27, 2003, Kansas City Power & Light Company called prior to maturity, with consideration of $1 million, Series C medium term notes (exempt under Rule 42).
6
On January 28, 2003, Kansas City Power & Light Company called prior to maturity, with consideration of $4 million, Series C medium term notes (exempt under Rule 42).
On January 29, 2003, Kansas City Power & Light Company called prior to maturity, with consideration of $1 million, Series C medium term notes (exempt under Rule 42).
On February 1 2003, Kansas City Power & Light Company called prior to maturity, with consideration of $19.1 million, Series C medium term notes (exempt under Rule 42).
On February 3 2003, Kansas City Power & Light Company called prior to maturity, with consideration of $1 million, Series C medium term notes (exempt under Rule 42).
On February 5 2003, Kansas City Power & Light Company called prior to maturity, with consideration of $2 million, Series C medium term notes (exempt under Rule 42).
On February 9 2003, Kansas City Power & Light Company called prior to maturity, with consideration of $1.9 million, Series C medium term notes (exempt under Rule 42).
On April 21, 2003, Kansas City Power & Light Company redeemed at maturity, with consideration of $10 million, Series D medium term notes (exempt under Rule 42).
On May 1, 2003, Kansas City Power & Light Company redeemed at maturity, with consideration of $10 million, Series D medium term notes (exempt under Rule 42).
Custom Energy, L.L.C.
On August 14, 2003, Custom Energy, L.L.C. purchased 600,000 Preferred Units from KLT Energy Services Inc. with consideration of $600,000 in the form of a promissory note. The note was renewed and subsequently paid in December 2003 (exempt under Rules 58 and 46(b)).
DTI Holdings, Inc, Digital Teleport, Inc. and Digital Teleport of Virginia, Inc.
The stock of these Except Telecommunications Companies was cancelled and extinguished pursuant to the terms of a joint reorganization plan, which became effective on June 24, 2003 (exempt under Section 34).
ITEM 5. INVESTMENTS IN SECURITIES OF NONSYSTEM COMPANIES
1. Aggregate investments in persons operating in the retail service area at December 31, 2003.
None.
2. For securities not included in 1. above, provide the following information for investments in securities of nonsystem companies at December 31, 2003:
Investments of the registrant and of each subsidiary thereof in holding companies and in public utility companies which are not subsidiary companies of the registrant as of December 31, 2003:
|
|
|
|
|
|
|
|
None |
|
|
|
|
|||
7
All other investments of the registrant and of each subsidiary thereof in the securities of any other nonsystem company as of December 31, 2003:
|
|
|
|
Owner's |
|
|
|
|
|
Kansas City Power & Light Company |
|
|
|
|
Kansas City Power & Light Company |
Trustor of Trust |
|
|
|
PowerTree Carbon Company, LLC (Note 8) |
Limited Partnership Interest |
1.53% |
$ |
Note 9 |
|
|
|
|
|
KLT Investments Inc. (owner) (Note 2) |
|
|
|
|
Related Corporate Partners III, L.P. - Series 1 and 2 |
|
9.90% |
$ |
6,869 |
Lend Lease Institutional Tax Credits VII |
Limited Partnership Interest |
9.90% |
$ |
2,822 |
Lend Lease Institutional Tax Credits IV |
Limited Partnership Interest |
9.80% |
$ |
2,329 |
National Corporate Tax Credit Fund III |
Limited Partnership Interest |
18.36% |
$ |
4,478 |
Columbia Housing Partners Corporate Tax Credit III Limited Partnership |
|
11.47% |
$ |
4,699 |
Columbia Housing Partners Corporate Tax Credit IV Limited Partnership |
|
6.60% |
$ |
1,529 |
Corporations for Affordable Housing, L.P. |
Limited Partnership Interest |
9.90% |
$ |
3,312 |
Corporations for Affordable Housing II, L.P. |
Limited Partnership Interest |
9.90% |
$ |
2,126 |
USA Metropolitan Tax Credit Fund II, L.P. |
Limited Partnership Interest |
13.20% |
$ |
3,145 |
Missouri Affordable Housing Fund VII, L.P. |
Limited Partnership Interest |
85.19% |
$ |
2,745 |
National Equity Fund 1992, L.P. |
Limited Partnership Interest |
0.98% |
$ |
157 |
National Equity Fund 1993, L.P. |
Limited Partnership Interest |
0.66% |
$ |
243 |
National Equity Fund 1994, L.P. |
Limited Partnership Interest |
0.66% |
$ |
337 |
National Equity Fund 1995, L.P. |
Limited Partnership Interest |
2.42% |
$ |
1,174 |
McDonald Corporate Tax Credit Fund 1994 |
Limited Partnership Interest |
9.17% |
$ |
2,695 |
Missouri Affordable Housing Fund VI, L.P. |
Limited Partnership Interest |
99.00% |
$ |
2,293 |
Gateway Institutional Tax Credit Fund |
Limited Partnership Interest |
15.84% |
$ |
2,272 |
Provident Tax Credit Fund II, L.P. |
Limited Partnership Interest |
12.6% |
$ |
2,016 |
Missouri Affordable Housing Fund IX, L.P. |
Limited Partnership Interest |
33.14% |
$ |
2,098 |
WNC Institutional Tax Credit Fund II, L.P. |
Limited Partnership Interest |
24.75% |
$ |
1,854 |
NHT III Tax Credit Fund L.P. |
Limited Partnership Interest |
24.98% |
$ |
1,245 |
Lend Lease Missouri Tax Credit Fund I, LLC |
Limited Liability Company Interest |
99.99% |
$ |
796 |
Dominium Institutional Fund |
Limited Partnership Interest |
6.00% |
$ |
431 |
Missouri Affordable Housing Fund V, L.P. |
Limited Partnership Interest |
83.55% |
$ |
373 |
Aurora Family Apartments, L.P. |
Limited Partnership Interest |
0.01% |
$ |
206 |
Housing Missouri Equity Fund 1994, L.L.C. |
Limited Liability Company Interest |
23.53% |
$ |
119 |
Boston Capital Corporate Tax Credit Fund I, L.P. |
Limited Partnership Interest |
0.99% |
$ |
282 |
|
|
|
|
|
Far Gas Acquisitions Corporation |
||||
GNR San Juan Limited Partnership |
Limited Partnership Interest |
99% |
$ |
430 |
GNR San Juan II Limited Partnership (Note 7) |
Limited Partnership Interest |
99% |
$ |
- |
Miller Shale Limited Partnership (Note 7) |
Limited Partnership Interest |
99% |
$ |
- |
Blue Spruce Limited Partnership (Note 7) |
Limited Partnership Interest |
99% |
$ |
- |
|
|
|
|
|
KLT Investments II Inc. (owner) (Note 4) |
|
|
|
|
KCEP I, L.P. |
Limited Partnership Interest |
1.3% |
$ |
820 |
EnviroTech Investment Fund I Limited Partnership |
Limited Partnership Interest |
6.36% |
$ |
1,516 |
|
|
|
|
|
KLT Energy Services Inc. (owner) |
|
|
|
|
Bracknell Corporation (Note 5) |
Common stock |
1,133,165 |
$ |
- |
|
|
|
|
|
KLT Telecom Inc. (owner) |
|
|
|
|
Signal Sites Incorporated (Note 6) |
Participation in promissory note |
n/a |
$ |
- |
Note 1: A description of the Kansas City Power & Light Wolf Creek Decommissioning Trust is contained in Note 1 to the consolidated financial statements of Great Plains Energy Incorporated and Kansas City Power & Light Company included in their combined Annual Report on Form 10-K for the year ended December 31, 2003, (File No's. 03-33207 and 1-707), which is incorporated herein by reference.
8
Note 2: Nature of business of investments held by KLT Investments Inc. - limited partnership investments in affordable housing partnerships throughout the United States and Puerto Rico.
Note 3: Nature of business of investments held by Far Gas Acquisitions Corporation - limited partnership investments in natural gas producing partnerships that are structured to generate alternative fuel tax credits.
Note 4: Nature of business of investments held by KLT Investments II Inc. - passive investments in venture capital funds.
Note 5: Nature of business of Bracknell Corporation - provided infrastructure services for networks, systems, production facilities and equipment of companies across North America. In November 2001, Bracknell common stock ceased trading at a last sale price of $0.13 per share. As a result, during 2001, KLT Energy Services Inc. wrote off its investment in Bracknell. It is believed that Bracknell has ceased doing business.
Note 6: Nature of business of Signal Sites Incorporated - Rooftop management agreements with building owners under which Signal Sites may lease or otherwise provide access to wireless service providers for their antennas and other equipment. Signal Sites is an Exempt Telecommunications Company.
Note 7: These limited partnerships were written off as of 12/31/02 and have zero book value.
Note 8: Nature of business of PowerTree Carbon Company, LLC - funding forestation projects. Investment in the company was authorized by the Commission in File No.70-10146 (HCAR 27752).
Note 9: A payment of $10,000 to International Utility Efficiency Partnerships for membership dues for Power Partnerships/IPP Initiatives, which was expensed, was subsequently applied towards the capital contribution commitment to PowerTree Carbon Company, LLC.
KLT Gas Inc. and Forest City, LLC hold working and revenue interests in oil, mineral and gas leases in their normal course of business. Neither of these system companies held any royalty interests at the end of 2003. The following is a summary of these interests at December 31, 2003:
|
|
|
|
|
|
|
Owner's |
|
|
|
|
|
|
|
|
KLT Gas Inc. |
Lease |
82,131 |
77,613 |
Colorado |
Primarily federal and state |
$ |
4,432 |
KLT Gas Inc. |
Lease |
66,991 |
42,122 |
Wyoming |
Private, federal and state |
|
4,416 |
KLT Gas Inc. |
Lease |
909 |
419 |
Texas |
Private |
|
118 |
|
|
150,031 |
120,154 |
|
|
$ |
8,966 |
|
|
|
|
|
|
|
|
Forest City, LLC |
Lease |
29,425 |
29,286 |
Nebraska |
Private |
$ |
968 |
Forest City, LLC |
Lease |
104,126 |
95,988 |
Kansas |
Private |
|
3,078 |
|
|
133,551 |
125,274 |
|
|
$ |
4,046 |
|
|
|
|
|
|
|
|
9
ITEM 6. OFFICERS AND DIRECTORS
Part I: Name, address and position of system company officers and directors at December 31, 2003.
NAME |
ADDRESS |
POSITION |
|
|
|
GREAT PLAINS ENERGY INCORPORATED |
|
|
|
|
|
Dr. David L. Bodde |
Kansas City, MO |
D |
Michael J. Chesser |
Kansas City, MO |
CM&CEO |
William H. Downey |
Kansas City, MO |
D,P&COO |
Mark A. Ernst |
Kansas City, MO |
D |
Randall C. Ferguson, Jr. |
Kansas City, MO |
D |
William K. Hall |
Skokie, IL |
D |
Luis A. Jimenez |
Stamford, CT |
D |
James A. Mitchell |
Longboat Key, FL |
D |
William C. Nelson |
Kansas City, MO |
D |
Dr. Linda H. Talbott |
Kansas City, MO |
D |
Robert H. West |
Kansas City, MO |
D |
Andrea F. Bielsker |
Kansas City, MO |
SVP,CFO&T |
Jeanie S. Latz |
Kansas City, MO |
EVP&S |
Brenda Nolte |
Kansas City, MO |
VP |
William G. Riggins |
Kansas City, MO |
GC |
Andrew B. Stroud, Jr. |
Kansas City, MO |
VP |
Lori A. Wright |
Kansas City, MO |
C |
Michael W. Cline |
Kansas City, MO |
AT |
Mark G. English |
Kansas City, MO |
AS |
|
|
|
|
|
|
|
|
|
INNOVATIVE ENERGY CONSULTANTS INC. |
||
|
|
|
Michael J. Chesser |
Kansas City, MO |
P |
Mark G. English |
Kansas City, MO |
S |
|
|
|
Note: Statutory close corporation with no board of directors. |
||
|
|
|
|
|
|
GREAT PLAINS POWER INCORPORATED |
|
|
|
|
|
John J. DeStefano |
Kansas City, MO |
P |
Jeanie S. Latz |
Kansas City, MO |
S |
|
|
|
Note: Statutory close corporation with no board of directors. |
||
|
||
KANSAS CITY POWER & LIGHT COMPANY |
|
|
|
|
|
Dr. David L. Bodde |
Kansas City, MO |
D |
Michael J. Chesser |
Kansas City, MO |
D |
William H. Downey |
Kansas City, MO |
P&CEO |
Mark A. Ernst |
Kansas City, MO |
D |
Randall C. Ferguson, Jr. |
Kansas City, MO |
D |
William K. Hall |
Skokie, IL |
D |
Luis A. Jimenez |
Stamford, CT |
D |
James A. Mitchell |
Longboat Key, FL |
D |
10
NAME |
ADDRESS |
POSITION |
|
|
|
William C. Nelson |
Kansas City, MO |
D |
Dr. Linda H. Talbott |
Kansas City, MO |
D |
Robert H. West |
Kansas City, MO |
D |
Andrea F. Bielsker |
Kansas City, MO |
SVP,CFO&T |
Stephen T. Easley |
Kansas City, MO |
VP |
William P. Herdegen III |
Kansas City, MO |
VP |
Jeanie S. Latz |
Kansas City, MO |
S |
Nancy J. Moore |
Kansas City, MO |
VP |
Richard Spring |
Kansas City, MO |
VP |
Lori A. Wright |
Kansas City, MO |
C |
Michael W. Cline |
Kansas City, MO |
AT |
Mark G. English |
Kansas City, MO |
AS |
|
|
|
|
|
|
KANSAS CITY POWER & LIGHT RECEIVABLES COMPANY |
|
|
|
|
|
Andrea F. Bielsker |
Kansas City, MO |
D&P |
Dean A. Christiansen |
New York, NY |
D |
Jeanie S. Latz |
Kansas City, MO |
D |
Jacquetta L. Hartman |
Kansas City, MO |
S&T |
|
|
|
|
|
|
WOLF CREEK NUCLEAR OPERATING CORPORATION |
|
|
|
|
|
Michael J. Chesser |
Kansas City, MO |
D |
James S. Haines |
Burlington, KS |
D |
Mark Larson |
Burlington, KS |
C&T |
Britt McKinney |
Burlington, KS |
VP |
Rick Muench |
Burlington, KS |
D,P&CEO |
Stephen E. Parr |
Burlington, KS |
D |
Warren Wood |
Burlington, KS |
GC&S |
|
|
|
HOME SERVICE SOLUTIONS INC. |
|
|
|
|
|
John J. DeStefano |
Kansas City, MO |
P&D |
William H. Downey |
Kansas City, MO |
D |
Jacquetta L. Hartman |
Kansas City, MO |
S&T |
Jeanie S. Latz |
Kansas City, MO |
D |
|
|
|
|
|
|
WORRY FREE SERVICE, INC. |
|
|
|
|
|
Michael W. Cline |
Kansas City, MO |
D |
John J. DeStefano |
Kansas City, MO |
P&D |
Patrice S. Tribble |
Kansas City, MO |
VP&D |
Jacquetta L. Hartman |
Kansas City, MO |
S&T |
|
|
|
|
|
|
KLT INC. |
|
|
|
|
|
Dr. David L. Bodde |
Kansas City, MO |
D |
Michael J. Chesser |
Kansas City, MO |
CM |
William H. Downey |
Kansas City, MO |
D |
Mark A. Ernst |
Kansas City, MO |
D |
11
NAME |
ADDRESS |
POSITION |
|
|
|
Randall C. Ferguson, Jr. |
Kansas City, MO |
D |
William K. Hall |
Skokie, IL |
D |
David Haydon |
Kansas City, MO |
P |
Luis A. Jimenez |
Stamford, CT |
D |
Jeanie S. Latz |
Kansas City, MO |
S |
James A. Mitchell |
Longboat Key, FL |
D |
William C. Nelson |
Kansas City, MO |
D |
Dr. Linda H. Talbott |
Kansas City, MO |
D |
Robert H. West |
Kansas City, MO |
D |
|
|
|
|
|
|
|
|
|
KLT INVESTMENTS INC. |
|
|
|
|
|
James Gilligan |
Kansas City, MO |
P |
John Grossi |
Kansas City, MO |
CFO&T |
David Haydon |
Kansas City, MO |
S |
|
|
|
Note: Statutory close corporation with no board of directors. |
||
|
|
|
|
|
|
KLT INVESTMENTS II INC. |
|
|
|
|
|
John Grossi |
Kansas City, MO |
CFO&T |
David Haydon |
Kansas City, MO |
P |
Mark Schroeder |
Kansas City, MO |
S |
|
|
|
Note: Statutory close corporation with no board of directors. |
||
|
|
|
|
|
|
KLT ENERGY SERVICES INC. |
|
|
John Grossi |
Kansas City, MO |
CFO&T |
David Haydon |
Kansas City, MO |
P |
Mark Schroeder |
Kansas City, MO |
VP&S |
|
|
|
Note: Statutory close corporation with no board of directors. |
||
|
|
|
|
|
|
CUSTOM ENERGY HOLDINGS, L.L.C. |
|
|
|
|
|
Andrea Bielsker |
Kansas City, MO |
MC |
Michael J. Chesser |
Kansas City, MO |
MC |
John Grossi |
Kansas City, MO |
CFO&T |
David Haydon |
Kansas City, MO |
CM,P&CEO |
Mark Schroeder |
Kansas City, MO |
VP&S |
Richard Zomnir |
Pittsburg, PA |
MC |
|
|
|
|
|
|
STRATEGIC ENERGY, L.L.C. |
|
|
|
|
|
Andrea F. Bielsker |
Kansas City, MO |
MC |
James Booritch |
Pittsburg, PA |
VP |
Michael J. Chesser |
Kansas City, MO |
MC |
William H. Downey |
Kansas City, MO |
MC |
12
NAME |
ADDRESS |
POSITION |
|
|
|
Jan Fox |
Pittsburg, PA |
VP&GC&S |
David Haydon |
Overland Park, KS |
AS&MC |
Trevor Lauer |
Pittsburg, PA |
VP |
Lee McCracken |
Pittsburg, PA |
VP |
Pat Purdy |
Pittsburg, PA |
COO |
Terry Sebben |
Pittsburg, PA |
CIO&VP |
Andrew Washburn |
Pittsburg, PA |
CFO |
Richard Zomnir |
Pittsburg, PA |
P&CEO&MC |
|
|
|
|
|
|
|
|
|
KLT GAS INC. |
|
|
|
|
|
John Grossi |
Kansas City, MO |
T |
David Haydon |
Kansas City, MO |
P |
David Henriksen |
Kansas City, MO |
VP |
Lynn Meibos |
The Woodlands, TX |
EVP |
Mark Schroeder |
Kansas City, MO |
VP&S |
|
|
|
Note: Statutory close corporation with no board of directors. |
||
|
|
|
|
|
|
APACHE CANYON GAS, L.L.C. |
|
|
|
|
|
John Grossi |
Kansas City, MO |
CFO&T |
David Haydon |
Kansas City, MO |
P |
Mark Schroeder |
Kansas City, MO |
VP&S |
|
|
|
Note: Member-managed. |
||
|
|
|
|
|
|
FAR GAS ACQUISITIONS CORPORATION |
|
|
|
|
|
John Grossi |
Kansas City, MO |
D&T |
David Haydon |
Kansas City, MO |
D&P |
Mark Schroeder |
Kansas City, MO |
VP&S |
|
|
|
|
|
|
FOREST CITY, LLC |
|
|
|
|
|
John Grossi |
Kansas City, MO |
CFO&T |
David Haydon |
Kansas City, MO |
M&S |
Lynn Meibos |
The Woodlands, TX |
M |
|
|
|
|
|
|
FOREST CITY GATHERING, LLC |
|
|
|
|
|
KLT Gas Inc. |
The Woodlands, TX |
M |
|
|
|
13
NAME |
ADDRESS |
POSITION |
|
|
|
KLT GAS OPERATING COMPANY |
|
|
John Grossi |
Kansas City, MO |
CFO&T |
David Haydon |
Kansas City, MO |
P |
Mark Schroeder |
Kansas City, MO |
VP&S |
|
|
|
Note: Statutory close corporation with no board of directors. |
||
|
|
|
|
|
|
PATRICK KLT GAS, LLC |
|
|
|
|
|
Patrick Energy Corp. |
Tulsa, OK |
M |
|
|
|
|
|
|
KLT TELECOM INC. |
|
|
|
|
|
John Grossi |
Kansas City, MO |
CFO&T |
David Haydon |
Kansas City, MO |
S |
Mark Schroeder |
Kansas City, MO |
P |
|
|
|
Note: Statutory close corporation with no board of directors. |
||
|
|
|
|
|
|
ADVANCED MEASUREMENT SOLUTIONS, INC. |
|
|
|
|
|
Gregg Clizer |
Kansas City, MO |
D |
James Gilligan |
Kansas City, MO |
D&T |
Joseph Jacobs |
Kansas City, MO |
D&P |
Mark English |
Kansas City, MO |
S |
|
|
|
|
|
|
COPIER SOLUTIONS, LLC |
|
|
|
|
|
Mark English |
Kansas City, MO |
S |
James Gilligan |
Kansas City, MO |
T |
Joseph Jacobs |
Kansas City, MO |
M |
|
|
|
|
|
|
MUNICIPAL SOLUTIONS, L.L.C. |
|
|
|
|
|
Gregg Clizer |
Kansas City, MO |
MC |
Mark English |
Kansas City, MO |
S |
James Gilligan |
Kansas City, MO |
T&MC |
Joseph Jacobs |
Kansas City, MO |
MC |
|
|
|
|
|
|
TELEMETRY SOLUTIONS, L.L.C. |
|
|
|
|
|
Gregg Clizer |
Kansas City, MO |
MC |
Mark English |
Kansas City, MO |
S |
James Gilligan |
Kansas City, MO |
MC&T |
Joseph Jacobs |
Kansas City, MO |
MC |
|
|
|
14
NAME |
ADDRESS |
POSITION |
|
|
|
GREAT PLAINS ENERGY SERVICES INCORPORATED |
|
|
|
|
|
Michael J. Chesser |
Kansas City, MO |
P & CEO |
Andrea F. Bielsker |
Kansas City, MO |
SVP, CFO & T |
Jeanie S. Latz |
Kansas City, MO |
EVP & S |
Brenda Nolte |
Kansas City, MO |
VP |
William G. Riggins |
Kansas City, MO |
GC |
Andrew Stroud |
Kansas, City, MO |
C |
Lori A. Wright |
Kansas City, MO |
C |
Michael W. Cline |
Kansas City, MO |
AT |
Mark G. English |
Kansas City, MO |
AS |
|
|
|
Note: Statutory close corporation with no board of directors |
NOTE: Positions are indicated above by the following symbols:
AC |
-- |
Assistant Controller |
AGC |
-- |
Assistant General Counsel |
AS |
-- |
Assistant Secretary |
AT |
-- |
Assistant Treasurer |
C |
-- |
Controller |
CEO |
-- |
Chief Executive Officer |
CFO |
-- |
Chief Financial Officer |
CIO |
-- |
Chief Information Officer |
CM |
-- |
Chairman |
COO |
-- |
Chief Operating Officer |
D |
-- |
Director |
DCS |
-- |
Director, Customer Services |
DP |
-- |
Division President |
EVP |
-- |
Executive Vice President |
GC |
-- |
General Counsel |
GM |
-- |
General Manager |
M |
-- |
Manager |
MC |
-- |
Management Committee Member |
MD |
-- |
Managing Director |
P |
-- |
President |
S |
-- |
Secretary |
SA |
-- |
Service Agent |
SVP |
-- |
Senior Vice President |
T |
-- |
Treasurer |
VP |
-- |
Vice President |
VCM |
-- |
Vice Chairman |
15
ITEM 6. OFFICERS AND DIRECTORS - Part II: Financial Connections - the following is a list, as of December 31, 2003, of all officers and directors of each System Company who have financial connections within the provisions of Section 17(c) of the Public Utility Holding Company Act of 1935.
Name of Officer or Director |
Name and Location of Financial Institution |
Position Held in Financial Institution |
Applicable Exemption Rules |
|
|
|
|
GGreat Plains Energy Incorporated |
|
|
|
William H. Downey |
Enterprise Financial Services Corporation, Kansas City, Mo |
Director |
Rules 70 (a), (e) |
Mark A. Ernst |
H&R Block Financial Advisors, Kansas City, MO |
Director |
Rule 70 (b) |
|
RSM EquiCo, Inc, Cosa Mesa, CA |
Director |
Rule 70 (b) |
|
|
|
|
James A. Mitchell |
Capella Education Company, Minneapolis, MN |
Director |
Rule 70(b) |
|
|
|
|
Robert H. West |
Commerce Bancshares, Kansas City, MO |
Director |
Rule 70 (a) |
|
|
|
|
|
|
|
|
Name of Officer or Director |
Name and Location of Financial Institution |
Position Held in Financial Institution |
Applicable Exemption Rules |
Kansas City Power & Light Company |
|||
William H. Downey |
Enterprise Financial Services Corporation, St. Louis, MO |
Director |
Rules 70 (c), (f) |
|
|
|
|
Mark A. Ernst |
H&R Block Financial Advisors, Kansas City, MO |
Director |
Rule 70 (d) |
|
RSM EquiCo, Inc., Costa Mesa, CA |
Director |
Rule 70 (d) |
|
|
|
|
James A. Mitchell |
Capella Education Company, Minneapolis, MN |
Director |
Rule 70(d) |
|
|
|
|
Robert H. West |
Commerce Bancshares, Kansas City, MO |
Director |
Rule 70 (c) |
|
|
|
|
|
|
|
|
KLT Inc. |
|
|
|
William H. Downey |
Enterprise Financial Services Corporation, St. Louis, MO |
Director |
Rule 70 (c) |
|
|
|
|
Mark A. Ernst |
H&R Block Financial Advisors, Kansas City, MO |
Director |
Rule 70 (d) |
|
RSM EquiCo, Inc., Costa Mesa, CA |
Director |
Rule 70 (d) |
|
|
|
|
James A. Mitchell |
Capella Education Company, Minneapolis, MN |
Director |
Rule 70(d) |
|
|
|
|
Robert H. West |
Commerce Bancshares, Kansas City, MO |
Director |
Rule 70 (c) |
16
Home Service Solutions Inc. |
|
|
|
William H. Downey |
Enterprise Financial Services Corporation, St. Louis, MO |
Director |
Rule 70 (c) |
|
|
|
|
Strategic Energy, L.L.C. |
|
|
|
William H. Downey |
Enterprise Financial Services Corporation, St. Louis, MO |
Director |
Rule 70 (d) |
ITEM 6. OFFICERS AND DIRECTORS - Part III.
Information disclosed in the proxy statement of Great Plains Energy Incorporated and the combined 10-K of Great Plains Energy Incorporated and Kansas City Power & Light Company regarding (i) the compensation of directors and executive officers of system companies; (ii) their interest in the securities of system companies, including options or other rights to acquire securities; (iii) their contracts and transactions with system companies; (iv) their indebtedness to system companies; (v) their participation in bonus and profit-sharing arrangements and other benefits; and (vi) their rights to indemnity is set forth below. Pursuant to the instructions to this Item, the information has been edited to eliminate repetition or duplication and to put related information together, including presenting information in a single set of tables. The information has also been edited to clarify references to system companies.
(a) The compensation of directors and executive officers of system companies.
Director Compensation. The directors of Great Plains Energy and KCP&L receive the following compensation for serving on the Boards of Great Plains Energy and KCP&L. An annual retainer of $30,000 was paid in 2003 ($15,000 of which was used to acquire shares of Great Plains Energy common stock through Great Plains Energy's Dividend Reinvestment and Direct Stock Purchase Plan on behalf of each non-employee member of the Board). An additional retainer of $10,000 was paid annually to the lead director. Also, a retainer of $3,000 was paid to those non-employee directors serving as chair of a committee. Attendance fees of $1,000 for each Board meeting and $1,000 for each committee meeting attended were also paid in 2003. Directors may defer the receipt of all or part of the cash retainers and meeting fees.
Great Plains Energy also provides life and medical insurance coverage for each non-employee member of these Boards of Directors. The total premiums paid by Great Plains Energy for this coverage for all participating non-employee directors in 2003 was $27,497.
17
Executive Compensation
The following table contains executive compensation data for Great Plains Energy's and KCP&L's officers.
SUMMARY COMPENSATION TABLE |
||||||||
Name and Principal Position |
Year |
Annual Compensation |
Long Term Compensation |
All Other Compensation |
||||
Salary |
Bonus |
Other Annual Compensation ($) (1) |
Awards |
Payouts |
||||
Restricted Stock Award(s) |
Securities Underlying Options/ |
LTIP Payouts ($) |
||||||
Bernard J. Beaudoin(4) |
2003 |
435,000 415,000 |
391,300 186,750 |
0 |
348,386 |
0 |
0 |
2,954,046 51,486 |
Michael J. Chesser(5) |
2003 |
137,500 |
123,750 |
0 |
1,115,813 |
0 |
1,403 |
|
William H. Downey (6) |
2003 |
325,000 |
219,375 |
0 |
1,001,998 |
5,249 |
0 |
20,764 |
Richard M. Zomnir(7) |
2003 |
400,000 |
427,840 |
0 |
0 |
0 |
0 |
0 |
Andrea F. Bielsker |
2003 |
220,000 |
132,000 |
0 |
125,626 |
2,887 |
0 |
22,313 |
Jeanie Sell Latz |
2003 |
220,000 |
132,000 |
0 |
125,626 |
2,887 |
0 |
34,128 |
Stephen T. Easley |
2003 |
210,000 |
94,500 |
0 |
128,387 |
2,449 |
0 |
10,737 |
William P. Herdegen, III (8) |
2003 |
175,000 |
78,750 |
0 |
62,481 |
2,041 |
0 |
8,597 |
(1) While the eight named executive officers receive certain perquisites from the Company, such perquisites did not reach in any of the reported years the threshold for reporting of the lesser of either $50,000 or ten percent of salary and bonus set forth in the applicable rules of the Securities and Exchange Commission.
(2) For 2003, amounts include:
* Restricted Stock Awards:
The dollar value of restricted stock awards is calculated by multiplying the number of shares awarded by the closing market price of the Great Plains Energy common stock on the date of the grant.
18
Beaudoin
Chesser
12,135 shares vesting October 1, 2005, 12,135 shares vesting October 1, 2006 and 12,135 shares vesting October 1, 2007; dividends are reinvested with the same restrictions as the restricted stock; value as of December 31, 2003 was $1,158,407.
Downey
(i) 6,900 shares vesting December 31, 2004; dividends paid on restricted shares; value as of December 31, 2003 was $219,558; and
(ii) 8,825 shares vesting October 1, 2005, 8,825 shares vesting October 1, 2006 and 8,826 shares vesting October 1, 2007; dividends are reinvested with the same restrictions as the restricted stock; value as of December 31, 2003 was $842,466.
Bielsker
4,550 shares vesting December 31, 2004; dividends paid on restricted shares; value as of December 31, 2003 was $144,781.
Latz
4,550 shares vesting December 31, 2004; dividends paid on restricted shares; value as of December 31, 2003 was $144,781.
Easley
4,650 shares vesting December 31, 2004; dividends paid on restricted shares; value as of December 31, 2003 was $147,963.
Herdegen
2,263 shares vesting December 31, 2004; dividends paid on restricted shares; value as of December 31, 2003 was $72,009.
(3) For 2003, amounts include:
* Flex dollars under the Flexible Benefits Plan: Beaudoin - $18,330; Chesser - $1,403; Downey -$3,867; Bielsker -$12,867; Latz - $18,697; Easley - $3,867; and Herdegen - $3,347
* Deferred Flex dollars: Beaudoin - $17,382 and Downey - $780
* Above-market interest paid on deferred compensation: Beaudoin - $8,899; Downey - $6,075; Bielsker - $2,825; Latz - $8,231; and Easley - $558
* Great Plains Energy contribution under the Great Plains Energy Employee Savings Plus Plan: Beaudoin - $9,008; Downey -$7,042; Bielsker - $6,021; Latz - $6,600; Easley - $6,012; and Herdegen - $5,250
* Contribution to Deferred Compensation Plan: Beaudoin - $7,050; Downey - $3,000; Bielsker - $600; Latz - $600; and Easley - $300
* Other Compensation: Beaudoin - also includes a $1,895,266 lump sum retirement payment and a $998,111 additional supplemental retirement benefit.
(4) Mr. Beaudoin retired in December 2003. For 2003, amounts include:
* Other Compensation: Beaudoin - also includes a $1,895,266 lump sum retirement payment and a $998,111 additional supplemental retirement benefit.
(5) Mr. Chesser joined the Company as Chairman of the Board on October 1, 2003; the Compensation Committee of the Board set his annual salary at $550,000.
(6) Mr. Downey was appointed President and Chief Executive Officer of KCP&L effective October 1, 2003.
(7) Mr. Zomnir entered into a five-year Employment Agreement in 2002 with Strategic Energy, L.L.C. providing for salary, annual bonus and benefits. As set forth in Certain Relationships and Related Transactions, below 15, Mr. Zomnir will leave the company in 2004. In accordance with his Employment Agreement, Mr. Zomnir will be paid severance payments consisting of two (2) times his annual salary, two (2) times an annual amount of $120,000, a bonus payment prorated through the date of termination and certain other benefits.
(8) Mr. Herdegen joined KCP&L in 2001.
19
OPTION/SAR GRANTS IN LAST FISCAL YEAR |
|||||||
|
|||||||
Individual Grants |
Potential Realizable Value at Assumed Annual Rates of Stock Price Appreciation For Option Term |
Alternative to (f) and (g): Grant Date Value |
|||||
Name |
Number of Securities Underlying Options/SARs Granted (#)(1) |
Percent of Total Options/SARs Granted to Employees in Fiscal Year |
Exercise or Base Price ($/Sh) |
Expiration Date |
5% ($) |
10% ($) |
Grant Date Present Value ($) (2) |
Bernard J. Beaudoin |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Michael J. Chesser |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
William H. Downey |
5,249 |
19 |
27.73 |
08-05-2013 |
0 |
0 |
16,535 |
Richard M. Zomnir |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Andrea F. Bielsker |
2,887 |
10 |
27.73 |
08-05-2013 |
0 |
0 |
9,094 |
Jeanie S. Latz |
2,887 |
10 |
27.73 |
08-05-2013 |
0 |
0 |
9,094 |
Stephen T. Easley |
2,449 |
9 |
27.73 |
08-05-2013 |
0 |
0 |
7,714 |
William P. Herdegen, III |
2,041 |
7 |
27.73 |
08-05-2013 |
0 |
0 |
6,429 |
(1) Options granted in 2003 are exercisable on or after August 5, 2006. Each option is granted in tandem with a limited stock appreciation right exercisable automatically in the event of a change in control. Options may be exercised with cash or previously-owned shares of the Company's Common Stock. Dividends accrue quarterly on the options. Such accrued dividends will be paid if the options are exercised and if the exercise price is equal to or above the grant date.
(2) The grant date valuation was calculated by using the Black-Scholes model. The underlying assumptions used to determine the present value of the option were as follows:
Annualized Stock Volatility: |
22.650% |
Time of Exercise (Option Term): |
10 years |
Risk Free Interest Rate: |
4.77% |
Exercise Price (Equal to the Fair Market Value): |
$27.73 |
Average Dividend Yield: |
6.88% |
20
LONG-TERM INCENTIVE PLANS - AWARDS IN LAST FISCAL YEAR |
|||||
Name |
Number of Shares, Units or Other Rights (#) |
Performance or Other Period Until Maturation or Payout |
Estimated Future Payouts Under Non-Stock Price-Based Plans |
||
Threshold |
Target |
Maximum |
|||
Bernard J. Beaudoin |
0 |
- |
- |
- |
- |
Michael J. Chesser |
0 |
- |
- |
- |
- |
William H. Downey |
3,903 shares |
3 years ending 2005 |
0 |
3,903 shares |
7,806 shares |
Richard M. Zomnir |
0 |
- |
- |
- |
- |
Andrea F. Bielsker |
2,147 shares |
3 years ending 2005 |
0 |
2,147 shares |
4,294 shares |
Jeanie S. Latz |
2,147 shares |
3 years ending 2005 |
0 |
2,147 shares |
4,294 shares |
Stephen T. Easley |
1,821 shares |
3 years ending 2005 |
0 |
1,821 shares |
3,642 shares |
William P. Herdegen, III |
1,518 shares |
3 years ending 2005 |
0 |
1,518 shares |
3,036 shares |
(1) The awards of performance shares are subject to the achievement of three-year total shareholder return in relation to the other Edison Electric Institute companies. Grantee will not be entitled to any performance shares in the event performance is below the 25th percentile; grantee will receive two times the amount of performance shares granted in the event performance is at the 100th percentile. Notwithstanding the foregoing, Grantee will not be entitled to any performance shares if total return for the three years is negative. Payment will be made in an amount equal to the fair market value of the number of performance shares earned payable in common stock.
AGGREGATED OPTION/SAR EXERCISES IN THE LAST FISCAL YEAR AND |
||||||
Name |
Shares Acquired on Exercise |
Value Realized |
Number of Securities Underlying Unexercised Options/SARs at Fiscal Year End |
|
||
|
Unexercisable(2) |
|
|
|||
Bernard J. Beaudoin |
0 |
0 |
0 |
0 |
0 |
0 |
Michael J. Chesser |
0 |
0 |
0 |
0 |
0 |
0 |
William H. Downey |
0 |
0 |
0 |
45,249 |
0 |
285,268 |
Richard M. Zomnir |
0 |
0 |
0 |
0 |
0 |
0 |
Andrea F. Bielsker |
0 |
0 |
0 |
28,887 |
0 |
183,278 |
Jeanie S. Latz |
5,000 |
81,003 |
7,000 |
28,887 |
71,053 |
183,278 |
Stephen T. Easley |
0 |
0 |
0 |
21,449 |
0 |
137,596 |
William P. Herdegen, III |
0 |
0 |
0 |
14,041 |
0 |
87,488 |
(1) Includes reinvested dividends that accrued on options.
(2) Includes stock options of 20,000 shares, 13,000 shares, 13,000 shares, 6,000 shares and 6,000 shars to Mr. Downey, Ms. Bielsker, Ms. Latz, Mr. Easley and Mr. Herdegen, respectively, that became exercisable February 6, 2004.
Employment Arrangement with Mr. Chesser
Pursuant to the terms of an employment arrangement, Michael J. Chesser, Chairman of the Board and Chief Executive Officer, is entitled to receive three times annual salary and bonus if he is terminated without cause prior to his reaching age 63. After age 63, any benefit for termination without cause will be one times annual salary and bonus until age 65.
21
The Description of Compensation
Arrangements of Michael J. Chesser (Exhibit 10.1.b to Great Plains Energy Form 10-Q for the period ended September 30, 2003) is incorporated herein by reference.Great Plains Energy Pension Plans
Great Plains Energy has a non-contributory pension plan (the "Great Plains Energy Pension Plan") providing for benefits upon retirement, normally at age 65. In addition, a supplemental retirement benefit is provided for selected executive officers. The following table shows examples of single life option pension benefits (including unfunded supplemental retirement benefits) payable upon retirement at age 65 to the named executive officers:
Average Annual Base Salary for |
|
Annual Pension for |
||||||
|
15 |
|
20 |
|
25 |
|
30 or more |
|
150,000 |
|
45,000 |
|
60,000 |
|
75,000 |
|
90,000 |
200,000 |
|
60,000 |
|
80,000 |
|
100,000 |
|
120,000 |
250,000 |
|
75,000 |
|
100,000 |
|
125,000 |
|
150,000 |
300,000 |
|
90,000 |
|
120,000 |
|
150,000 |
|
180,000 |
350,000 |
|
105,000 |
|
140,000 |
|
175,000 |
|
210,000 |
400,000 |
|
120,000 |
|
160,000 |
|
200,000 |
|
240,000 |
450,000 |
|
135,000 |
|
180,000 |
|
225,000 |
|
270,000 |
500,000 |
|
150,000 |
|
200,000 |
|
250,000 |
|
300,000 |
550,000 |
|
165,000 |
|
220,000 |
|
275,000 |
|
330,000 |
Each eligible employee with 30 or more years of credited service, or whose age and years of service add up to 85, is entitled to a total monthly annuity equal to 50% of their average base monthly salary for the period of 36 consecutive months in which their earnings were highest. The monthly annuity will be proportionately reduced if their years of credited service are less than 30 or if their age and years of service do not add up to 85. The compensation covered by the Great Plains Energy Pension Plan -- base monthly salary -- excludes any bonuses and other compensation. The Great Plains Energy Pension Plan provides that pension amounts are not reduced by Social Security benefits. The estimated credited years of service for the named executive officers in the Summary Compensation table are as follows:
|
|
Credited |
Officer |
|
Years of Service |
Michael J. Chesser |
|
0 years |
William H. Downey |
|
3 years |
Richard M. Zomnir(1) |
|
0 years |
Andrea F. Bielsker |
|
19 years |
Jeanie S. Latz |
|
23 years |
Stephen T. Easley |
|
7 years |
William P. Herdegen, III |
|
2 years |
(1) Mr. Zomnir does not participate in the Great Plains Energy Pension Plan.
Eligibility for supplemental retirement benefits is limited to executive officers selected by the Compensation Committee of the Board; all the named executive officers, with the exception of Mr. Zomnir, are participants. The total retirement benefit payable at the normal retirement date is equal to 2% of highest average earnings, as shown above, for each year of credited service up to 30 (maximum of 60% of highest average earnings). The actual retirement benefit paid equals the target retirement benefit less retirement benefits payable under the management pension plan. A liability accrues each year to cover the estimated cost of future supplemental benefits.
22
The Internal Revenue Code imposes certain limitations on pensions that may be paid under tax qualified pension plans. In addition to the supplemental retirement benefits, the amount by which pension benefits
exceed the limitations will be paid outside the qualified plan and accounted for by Great Plains Energy as an operating expense.Following is the Compensation Committee Report on Executive Compensation in Great Plains Energy's 2004 proxy statement:
Compensation Committee Report on Executive Compensation
The Compensation Committee of the Board of Great Plains Energy is composed of five independent directors. The Compensation Committee sets the executive compensation structure and administers the policies and plans that govern compensation for the executive officers. Executive compensation is consistent with the Great Plains Energy total remuneration philosophy, which provides:
Given Great Plains Energy's strategies in the competitive and demanding energy marketplace, attracting and retaining talent is a top priority. Great Plains Energy is committed to establishing total remuneration levels, which are performance-based, competitive with the energy or utility market for jobs of similar scope to enable the organization to recruit and retain talented personnel at all levels in a dynamic and complex marketplace. This will be established through base salary, benefits and performance-based annual and long-term incentives. The incentive targets will be consistent with current trends in the energy or utility sector and the incentive measures will be appropriately tied to shareholder and customer interests.
Executive compensation for 2003 consisted of base salary, annual incentives, and restricted stock and stock options granted under the Company's long-term incentive plan with the exception of Richard M. Zomnir, President and Chief Executive Officer of Strategic Energy, L.L.C., whose compensation for 2003 consisted of base salary and annual incentive. The Compensation Committee has not adopted a policy concerning the Internal Revenue Services' rules on the deductibility of compensation in excess of $1,000,000.
Great Plains Energy Executive Compensation
Base Salaries
The Compensation Committee reviews executive officer salaries annually and makes adjustments as warranted. The Compensation Committee compares executive compensation regularly with national compensation surveys. Base salaries for executive officers were established for 2003 on the basis of:
* job responsibilities and complexity;
* individual performance under established guidelines;
* competitiveness for comparable positions in companies of similar size within the industry and general industry; and
* sustained performance of the company.
Annual Incentive Plan
Under the Great Plains Energy Annual Incentive Plan (the "Plan"), executive officers receive incentive compensation based on the achievement of specific corporate and business unit earnings per share targets, customer satisfaction levels, and individual performance goals. The corporate earnings per share target is subject to an established performance threshold and maximum. Individual performance awards are not paid if the corporate earnings per share performance falls below the threshold level. Corporate earnings per share performance above the annual goal results in payouts above the target level. In 2003, the corporate and business unit earnings per share and customer satisfaction goals were exceeded and awards were earned in the amounts set forth in the Summary Compensation Table.
23
Long-Term Incentive Plan
The Great Plains Energy Long-Term Incentive Plan, approved by the shareholders, provides for grants by the Compensation Committee of stock options, restricted stock, performance shares and other stock-based awards. The Compensation Committee believes that equity interests in Great Plains Energy by its executive officers more closely aligns the interests of management with shareholders and has established stock ownership guidelines for executive officers based on their level within the organization. Compliance with these guidelines is taken into consideration in determining grants under the Long-Term Incentive Plan. Restricted stock and stock options were granted in 2003 in the amounts set forth in the Summary Compensation Table. The restricted stock is restricted in time and/or performance as also set forth in the Summary Compensation Table, and the stock options are granted at an exercise price equal to the fair market value on the date of issuance.
Chief Executive Officer
In determining the base salary for Bernard J. Beaudoin, the Chairman of the Board, President and Chief Executive Officer through September 2003, the Compensation Committee considered:
* financial performance of the company;
* cost and quality of services provided;
* leadership in enhancing the long-term value of the company; and
* relevant salary data including information supplied by the Edison Electric Institute.
Incentive awards to Mr. Beaudoin in 2003 under the Annual Incentive Plan and Long-Term Incentive Plan were determined in the same manner as other executive officers.
Michael J. Chesser was chosen by the Board as Mr. Beaudoin's successor and became Chairman of the Board and Chief Executive Officer in October 2003. In determining his initial base salary, the Compensation Committee considered:
* past experience and accomplishments;
* leadership ability; and
* competitive salary data for comparable positions of similar sized companies in the industry.
Mr. Chesser's annual incentive award was determined in the same manner as the other executive officers and prorated for his service. A grant of restricted stock under the Long-Term Incentive Plan was made to Mr. Chesser at the time of his employment conditioned on his continued employment with the Company as set forth in the Summary Compensation Table.
Strategic Energy Executive Compensation
The base salary for Richard M. Zomnir in 2003 was set by the Management Committee of Strategic Energy, L.L.C. pursuant to an Employment Agreement and reviewed by the Compensation Committee. The Strategic Energy Annual Bonus Program is based on individual goals and budgeted adjusted earnings. If Strategic Energy meets its corporate goal, 100% of the potential payout for each individual is available. Should the company not meet 75% of its goal, no awards will be paid and if the company exceeds 125% of its goal, then additional amounts may be paid. In 2003, Mr. Zomnir received the base salary and an incentive award at target as set forth in the Summary Compensation Table.
COMPENSATION COMMITTEE
William C. Nelson (Chairman)
Mark A. Ernst
William K. Hall
James A. Mitchell
Robert H. West
24
Following is the Compensation Committee Report on Executive Compensation contained in the combined annual report on Form 10-K for the period ended December 31, 2003 of Great Plains Energy and KCP&L:
Compensation Committee Report on Executive Compensation
The Compensation Committee is composed of five independent directors. The Compensation Committee sets the executive compensation structure and administers the policies and plans that govern compensation for the executive officers. Executive compensation is consistent with the Great Plains Energy total remuneration philosophy, which provides:
Given Great Plains Energy's strategies in the competitive and demanding energy marketplace, attracting and retaining talent is a top priority. Great Plains Energy is committed to establishing total remuneration levels, which are performance-based, competitive with the energy or utility market for jobs of similar scope to enable the organization to recruit and retain talented personnel at all levels in a dynamic and complex marketplace. This will be established through base salary, benefits and performance-based annual and long-term incentives. The incentive targets will be consistent with current trends in the energy or utility sector and the incentive measures will be appropriately tied to shareholder and customer interests.
KCP&L executive compensation for 2003 consisted of base salary; annual incentives; and restricted stock and stock options granted under the Company's long-term incentive plan. The Compensation Committee has not adopted a policy concerning the Internal Revenue Services' rules on the deductibility of compensation in excess of $1,000,000.
Base Salaries
The Compensation Committee reviews executive officer salaries annually and makes adjustments as warranted. The Compensation Committee compares executive compensation regularly with national compensation surveys. Base salaries for executive officers were established for 2003 on the basis of:
* job responsibilities and complexity;
* individual performance under established guidelines;
* competitiveness for comparable positions in companies of similar size within the industry and general industry; and
* sustained performance of the company.
Annual Incentive Plan
Under the Great Plains Energy Annual Incentive Plan, KCP&L executive officers receive incentive compensation based on the achievement of specific corporate and business unit earnings per share targets, customer satisfaction levels, and individual performance goals. The corporate earnings per share target is subject to an established performance threshold and maximum. Individual performance awards are not paid if the corporate earnings per share performance fall below the threshold level. Corporate earnings per share performance above the annual goal results in payouts above the target level. In 2003, the corporate and business unit earnings per share and customer satisfaction goals were exceeded and awards were earned in the amounts set forth in the Summary Compensation Table.
Long-Term Incentive Plan
The Great Plains Energy Long-Term Incentive Plan, approved by the shareholders, provides for grants by the Compensation Committee of stock options, restricted stock, performance shares and other stock-based awards. The Compensation Committee believes that equity interests in Great Plains Energy by KCP&L executive officers more closely aligns the interests of management with shareholders and has established stock ownership guidelines for executive officers based on their level within the organization. Compliance with these guidelines is taken into consideration in determining grants under the Long-Term Incentive Plan. Restricted stock and stock options were granted in 2003 in the amounts set forth in the Summary Compensation Table. The restricted stock is restricted in time and/or performance as also set forth in the Summary Compensation Table, and the stock options are granted at an exercise price equal to the fair market value on the date of issuance.
25
Chief Executive Officer
* financial performance of the company;
* cost and quality of services provided;
* leadership in enhancing the long-term value of the company; and
* relevant salary data including information supplied by the Edison Electric Institute.
Incentive awards to Mr. Beaudoin in 2003 under the Annual Incentive Plan and Long-Term Incentive Plan were determined in the same manner as other executive officers. The 2003 base salary and incentive awards for William H. Downey, President and Chief Executive Officer of KCP&L since October 2003, were determined in the same manner as other executive officers.
COMPENSATION COMMITTEE
William C. Nelson (Chairman)
Mark A. Ernst
William K. Hall
James A. Mitchell
Robert H. West
The Annual Incentive Compensation Plan dated February 2004 (Exhibit 10.1.b to Great Plains Energy's Form 10-K for the year ended December 31, 2003) is incorporated herein by reference.
(b) The interest of directors and executive officers of system companies in the securities of system companies including options or other rights to acquire securities.
The information set forth in Item 6(a), above, in the tables titled "Summary Compensation Table", "Option/SAR Grants in Last Fiscal Year", "Aggregated Option/SAR Exercises in the Last Fiscal Year and Fiscal Year-End Option/SAR Values", "Long-Term Incentive Plans - Awards in Last Fiscal Year" is incorporated by reference.
The following table shows beneficial ownership of Great Plains Energy's common stock by the named executive officers, directors and all directors and officers as of February 28, 2004 (with the exception of shares held in the Employee Savings Plus Plan which are reported as of December 31, 2003). The total of all shares owned by directors and officers represents less than one percent of the outstanding shares of Great Plains Energy's common stock. Management of Great Plains Energy has no knowledge of any person (as defined by the Securities and Exchange Commission) who owns beneficially more than 5% of Great Plains Energy common stock.
26
Name of Beneficial Owner |
Shares of Common |
||
Named Executive Officers |
|
|
|
|
Bernard J. Beaudoin |
20,445 |
(1) |
|
Michael J. Chesser |
36,874 |
(1) |
|
William H. Downey |
58,252 |
(1) |
|
Richard M. Zomnir(2) |
0 |
|
|
Andrea F. Bielsker |
20,793 |
(1) |
|
Jeanie S. Latz |
30,592 |
(1) |
|
Stephen T. Easley |
11,607 |
(1) |
|
Wiliam P. Herdegen, III |
8,519 |
(1) |
|
|
|
|
Other Directors |
|
|
|
|
David L. Bodde |
7,649 |
(3) |
|
Mark A. Ernst |
6,255 |
|
|
Randall C. Ferguson, Jr. |
2,014 |
|
|
William K. Hall |
9,481 |
|
|
Luis A. Jimenez |
2,304 |
|
|
James A. Mitchell |
2,908 |
|
|
William C. Nelson |
2,625 |
|
|
Linda H. Talbott |
8,317 |
|
|
Robert H. West |
5,969 |
(4) |
All Great Plains Energy and KCP&L Executive Officers and Directors As A |
|
|
(1) Includes restricted stock and exercisable non-qualified stock options.
* Restricted Stock: Beaudoin - 10,200 shares; Chesser - 36,874 shares; Downey - 33,717 shares; Bielsker - 4,550 shares; Latz - 4,550 shares; Easley - 4,650 shares; and Herdegen - 6,000
* Exercisable Non-Qualified Stock Options: Downey - 20,000; Bielsker - 13,000; Latz - 20,000; Easley - 6,000; and Herdegen - 2,263
(2) Mr. Zomnir holds a beneficial interest in SE Holdings, L.L.C. That company holds 3,333,334 Units (32%) of Series CE Economic Interest; 3,333,334 Units (32%) of Series CE Voting Interest; 1,144,943 Units (11%) of Series SEL Economic Interest; and 1,144,943 Units (11%) of Series SEL Voting Interest issued by Custom Energy Holdings, L.L.C., a subsidiary of Great Plains Energy.
(3) The nominee disclaims beneficial ownership of 1,000 shares reported and held by nominee's mother.
(4) The nominee disclaims beneficial ownership of 1,000 shares reported and held by nominee's wife.
Section 16(a) Beneficial Ownership Reporting Compliance
Section 16(a) of the Securities Exchange Act of 1934, as amended, requires certain of our directors, executive officers and persons who own more than 10% of Great Plains Energy's common stock to file reports of holdings and transactions in Great Plains Energy common stock with the Securities and Exchange Commission and the New York Stock Exchange. Based upon our records, we believe that all required reports for fiscal 2003 have been timely filed.
Equity Compensation Plan
Great Plains Energy has one equity compensation plan which authorizes the issuance of Great Plains Energy common stock. Great Plains Energy's shareholders have approved the equity compensation plan. KCP&L does not have any equity compensation plans. The following table provides information, as of December 31, 2003, regarding the number of common shares to be issued upon exercise of outstanding options, warrants and rights, their weighted average exercise price, and the number of shares of common stock remaining available for future issuance under the equity compensation plan. The table excludes shares issued or issuable under Great Plains Energy's defined contribution savings plans.
27
|
|
|
Number of securities remaining available for future issuance under equity compensation (excluding securities reflected in column (a)) |
Equity compensation plans |
|
|
|
Equity compensation plans not |
|
|
|
Total |
262,642 (1) |
$25.41 (2) |
2,218,466 |
(1) Includes 20,744 performance shares and options for 241,898 shares of Great Plains Energy common stock outstanding at December 31, 2003.
(2) The 20,744 performance shares have no exercise price and therefore are not reflected in the weighted average exercise price.
The Amended Long-Term Incentive Plan, effective as of May 7, 2002 (Exhibit 10.1.a to Great Plains Energy's Form 10-K for the year ended December 31, 2002) is incorporated herein by reference.
Strategic Energy Phantom Stock Plan
Strategic Energy has a phantom stock plan that provides incentive in the form of deferred compensation based upon the award of performance units, the value of which is related to the increase in profitability of Strategic Energy. Strategic Energy's annual cost for the plan was $4.6 million in 2003, $5.9 million in 2002 and $3.4 million in 2001.
Stock Options
The Company has one equity compensation plan, which has been approved by its shareholders. The equity compensation plan is a long-term incentive plan that permits the grant of restricted stock, stock options, limited stock appreciation rights and performance shares to officers and other employees of the Company and its subsidiaries. The maximum number of shares of Great Plains Energy common stock that may be issued under the plan is 3.0 million with 2.2 million shares remaining available for future issuance.
Stock Options Granted 1992 - 1996
The exercise price of stock options granted equaled the market price of the Company's common stock on the grant date. One-half of all options granted vested one year after the grant date, the other half vested two years after the grant date. An amount equal to the quarterly dividends paid on Great Plains Energy's common stock shares (dividend equivalents) accrues on the options for the benefit of option holders. The option holders are entitled to stock for their accumulated dividend equivalents only if the options are exercised when the market price is above the exercise price. At December 31, 2003, the market price of Great Plains Energy's common stock was $31.82, which exceeded the grant price for all such option still outstanding. Unexercised options expire ten years after the grant date.
Prior to the adoption of SFAS No. 123 on January 1, 2003, Great Plains Energy followed Accounting Principles Board (APB) Opinion 25, "Accounting for Stock Issued to Employees" and related interpretations in accounting for these options. Great Plains Energy recognized annual compensation expense equal to accumulated and reinvested dividends plus the impact of the change in stock price since the grant date. Great Plains Energy recognized compensation expense of $0.1 million in 2002 and $(0.3) million in 2001. These options were fully vested prior to the adoption of SFAS No. 123; therefore, no compensation expense was recognized in 2003.
28
For options outstanding at December 31, 2003, grant prices range from $20.6250 to $23.0625 and the weighted-average remaining contractual life is 0.8 years.
Stock Options Granted 2001- 2003
Stock options were granted under the plan at the fair market value of the shares on the grant date. The options vest three years after the grant date and expire in ten years if not exercised. Exercise prices range from $24.90 to $27.73 and the weighted average remaining contractual life is 7.9 years.
In accordance with the provision of SFAS NO. 123, Great Plains Energy recognized an immaterial amount of compensation expense in 2003. Under the provisions of APB Opinion 25, no compensation expense was recognized in 2002 and 2001 because the option exercise price was equal to the market price of the underlying stock on the date of grant.
The fair value for the stock options granted in 2001 - 2003 was estimated at the date of grant using the Black-Scholes option-pricing model. The weighted-average assumptions used are in the following table:
|
2003 |
|
2002 |
|
2001 |
|
Risk-free interest rate |
4.77 |
% |
4.57 |
% |
5.53 |
% |
Dividend Yield |
6.88 |
% |
7.68 |
% |
6.37 |
% |
Stock volatility |
22.650 |
% |
27.503 |
% |
25.879 |
% |
Expected option life (in years) |
10 |
|
10 |
|
10 |
|
The option valuation model requires the input of highly subjective assumptions, primarily stock price volatility, changes in which can materially affect the fair value estimate.
All stock option activity for the last three years is summarized below: |
||||||||||
|
|
|
2003 |
|
2002 |
|
2001 |
|||
Shares |
Price* |
Shares |
Price* |
Shares |
Price* |
|||||
Outstanding at January 1 |
397,000 |
$ 25.21 |
250,375 |
$ 25.14 |
88,500 |
$ 23.57 |
||||
Granted |
27,898 |
27.73 |
181,000 |
24.90 |
193,000 |
25.56 |
||||
|
Exercised |
|
(16,000) |
26.19 |
|
(34,375) |
23.00 |
|
(31,125) |
23.27 |
Forfeited |
(167,000) |
25.26 |
- |
- |
- |
- |
||||
Outstanding at December 31 |
|
241,898 |
$ 25.41 |
|
397,000 |
$ 25.21 |
|
250,375 |
$ 25.14 |
|
Exercisable as of December 31 |
|
7,000 |
$ 21.67 |
|
23,000 |
$ 24.81 |
|
57,375 |
$ 23.73 |
|
* weighted-average price |
Performance Shares
Performance shares granted in 2003 totaled 20,744. The issuance of performance shares is contingent upon achievement, over a three-year period, of company performance goals as compared to a peer group of utilities. Performance shares have a value equal to the fair market value of the shares on the grant date with accruing dividends. In accordance with the provisions of SFAS No. 123, compensation expense is recognized over the vesting period. Great Plains Energy recognized compensation expense of $0.4 million in 2003.
29
During 2003, all 144,500 performance shares granted in 2001 were canceled. No compensation expense had been recorded related to these performance shares.
Restricted Stock
Restricted shares have a value equal to the fair market value of the shares on the grant date. Restricted stock shares granted in 2003 totaled 120,196. There is a restriction as to transfer until December 31, 2004, on 54,436 of the restricted shares. In accordance with the provisions of SFAS No. 123, restricted stock shares totaling 57,315 are considered 100% vested. Restricted stock shares totaling 62,881 vest on a graded schedule over a three year period with accruing reinvested dividends. Great Plains Energy recognized compensation expense of $1.8 million in 2003.
Certain Relationships and Related Transactions
Great Plains Energy through its affiliates holds an 89% indirect ownership position in Strategic Energy, L.L.C. (Strategic Energy). SE Holdings, L.L.C. (SE Holdings) owns the remaining 11% indirect ownership position in Strategic Energy. Richard M. Zomnir, President and Chief Executive Officer of Strategic Energy, and certain other employees of Strategic Energy hold direct or indirect interests in SE Holdings.
SE Holdings has a put option to sell all or part of its 11% interest in Strategic Energy (Put Interest) at any time within the 90 days following January 31, 2004 at fair market value. On February 9, 2004, a letter agreement was entered into setting forth a procedure for determining the fair market value of the Put Interest (Letter Agreement). The Letter Agreement provides for SE Holdings to exercise its put option with respect to all but one unit (0.00001% of issued and outstanding units) of each of its respective series of ownership interest.
The Letter Agreement further provides that Mr. Zomnir will remain with the company through the closing of the transaction anticipated for mid-April subject to obtaining all necessary regulatory approvals. Upon the consummation of the transaction, Mr. Zomnir will resign.
(c) The contracts and transactions of directors and executive officers of system companies with system companies.
The information set forth in Item 6(a) in the section titled "Employment Arrangement with Mr. Chesser", and Item 6(b) in the section titled "Certain Relationships and Related Transactions" is incorporated herein by reference.
The Employment Agreement between Strategic Energy, L.L.C. and Richard M. Zomnir dated June 13, 2002 (Exhibit 10.1.h to Great Plains Energy's Form 10-K for the year ended December 31, 2002) is incorporated herein by reference.
The Agreement and Release dated November 10, 2003, between Great Plains Energy Incorporated and Bernard J. Beaudoin (Exhibit 10.1.k to Great Plains Energy's Form 10-K for the year ended December 31, 2003) is incorporated herein by reference.
Great Plains Energy Severance Agreements
Great Plains Energy has severance agreements ("Severance Agreements") with certain of its executive officers, including the named executives with the exception of Mr. Zomnir, to ensure their continued service and dedication to and their objectivity in considering on behalf of Great Plains Energy any transaction that would change the control of the Company. Under the Severance Agreements, an executive officer would be entitled to receive a lump-sum cash payment and certain insurance benefits during the three-year period after a Change in Control (or, if later, the three-year period following the consummation of a transaction approved by Great Plains Energy's shareholders constituting a Change in Control) if the officer's employment was terminated by:
* Great Plains Energy other than for cause or upon death or disability;
30
* the executive officer for "Good Reason" (as defined in the Severance Agreements); and
* the executive officer for any reason during a 30-day period commencing one year after the Change in Control or, if later, commencing one year following consummation of a transaction approved by Great Plains Energy's shareholders constituting a change in control (a "Qualifying Termination").
A Change in Control is defined as:
* an acquisition by a person or group of 20% or more of the Great Plains Energy common stock (other than an acquisition from or by Great Plains Energy or by a Great Plains Energy benefit plan);
* a change in a majority of the Board; and
* approval by the shareholders of a reorganization, merger or consolidation (unless shareholders receive 60% or more of the stock of the surviving Company) or a liquidation, dissolution or sale of substantially all of Great Plains Energy's assets.
Upon a Qualifying Termination, Great Plains Energy must make a lump-sum cash payment to the executive officer of:
* the officer's base salary through the date of termination;
* a pro-rated bonus based upon the average of the bonuses paid to the officer for the last five fiscal years;
* any accrued vacation pay;
* two or three times the officer's highest base salary during the prior 12 months;
* two or three times the average of the bonuses paid to the officer for the last five fiscal years;
* the actuarial equivalent of the excess of the officer's accrued pension benefits including supplemental retirement benefits computed without reduction for early retirement and including two or three additional years of benefit accrual service, over the officer's vested accrued pension benefits; and
* the value of any unvested Great Plains Energy contributions for the benefit of the officer under the Great Plains Energy Employee Savings Plus Plan.
In addition, Great Plains Energy must offer health, disability and life insurance plan coverage to the officer and his dependents on the same terms and conditions that existed immediately prior to the Qualifying Termination for two or three years, or, if earlier, until the executive officer is covered by equivalent plan benefits. Great Plains Energy must make certain "gross-up" payments regarding tax obligations relating to payments under the Severance Agreements as well as provide reimbursement of certain expenses relating to possible disputes that might arise.
Payments and other benefits under the Severance Agreements are in addition to balances due under the Great Plains Energy Long-Term Incentive Plan and Annual Incentive Plan. Upon a Change in Control (as defined in the Great Plains Energy Long-Term Incentive Plan), all stock options granted in tandem with limited stock appreciation rights will be automatically exercised.
The Restated Severance Agreement dated January 2000 with certain executive officers (Exhibit 10-e to KCP&L's Form 10-K for the year ended December 31, 2000) is incorporated herein by reference.
The Conforming Amendment to Severance Agreements with certain executive officers (Exhibit 10.1.b to Great Plains Energy's Form 10-Q for the period ended March 31, 2003) is incorporated herein by reference.
31
(d) The indebtedness of directors and executive officers of system companies to system companies.
There is no such information disclosed in the most recent proxy statement and annual report on Form 10-K.
(e) The participation of directors and executive officers of system companies in bonus and profit-sharing arrangements and other benefits.
The information set forth in the tables titled "Summary Compensation Table", "Option/SAR Grants in Last Fiscal Year", "Long-Term Incentive Plans - Awards in Last Fiscal Year" and "Aggregated Option/SAR Exercises in the Last Fiscal Year and Fiscal Year-end Option/SAR Values" and in the sections titled "Compensation Committee Report on Executive Compensation" in Item 6(a) is incorporated herein by reference.
The information set forth in the sections titled "Equity Compensation Plan" and "Stock Options" in Item 6(b) is incorporated herein by reference.
The information set forth in the section titled "Great Plains Energy Severance Agreements" in Item 6(c) is incorporated herein by reference.
(f) The rights of directors and executive officers of system companies to indemnity.
The Indemnification Agreement with each officer and director (Exhibit 10-F to KCP&L's Form 10-K for the year ended December 31, 1995) is incorporated herein by reference.
The Conforming Amendment to Indemnification Agreement with each officer and director (Exhibit 10.1.a to Great Plains Energy's Form 10-Q for the period ended March 31, 2003) is incorporated herein by reference.
ITEM 7. CONTRIBUTION AND PUBLIC RELATIONS
(1) Kansas City Power & Light Company has established a political action committee and has incurred, in accordance with the provisions of the Federal Election Campaign Act, certain costs for the administration of such committees.
(2) Expenditures, disbursements, or payments, in money, goods or services, directly or indirectly to or for the account of any citizens group, or public relations counsel were as follows during 2003:
|
|
|
Account |
|
Amount (thousands) |
|
|
|
|
|
|
Kansas City Power & Light Company |
Heart of America United Way |
Community activity |
A&G Expense |
$ |
191 |
Kansas City Power & Light Company |
Full Employment Council (NAP) |
Community activity |
A&G Expense |
$ |
150 |
Kansas City Power & Light Company |
Bridging the Gap |
Community activity |
A&G Expense |
$ |
43 |
Kansas City Power & Light Company |
Kansas City Harmony |
Community activity |
A&G Expense |
$ |
50 |
Kansas City Power & Light Company |
YMCA of Greater Kansas City |
Community activity |
A&G Expense |
$ |
50 |
Kansas City Power & Light Company |
Kansas City Public Library |
Community activity |
A&G Expense |
$ |
30 |
Kansas City Power & Light Company |
Bridging the Gap |
Community activity |
A&G Expense |
$ |
25 |
Kansas City Power & Light Company |
Charter School Partnership Fund |
Community activity |
A&G Expense |
$ |
25 |
Kansas City Power & Light Company |
Downtown Kansas City Bridge Lighting Fund |
Community activity |
A&G Expense |
$ |
25 |
Kansas City Power & Light Company |
Friends of the Zoo |
Community activity |
A&G Expense |
$ |
25 |
|
Initiative for a Competitive Inner City-Kansas City |
|
|
$ |
25 |
32
|
|
|
Account Charged |
|
Amount (thousands) |
|
|
|
|
|
|
Kansas City Power & Light Company |
Friends of the Zoo |
Community activity |
A&G Expense |
$ |
20 |
Kansas City Power & Light Company |
Boy Scouts of America-Heart of America |
Community activity |
A&G Expense |
$ |
15 |
Kansas City Power & Light Company |
Powell Gardens |
Community activity |
A&G Expense |
$ |
15 |
Kansas City Power & Light Company |
American Red Cross |
Community Activity |
A&G Expense |
$ |
10 |
Kansas City Power & Light Company |
Kansas City Consensus |
Community activity |
A&G Expense |
$ |
10 |
Kansas City Power & Light Company |
Kansas City Harmony |
Community activity |
A&G Expense |
$ |
10 |
Kansas City Power & Light Company |
KU Endowment |
Donation |
A&G Expense |
$ |
10 |
Kansas City Power & Light Company |
University of Missouri - Kansas City |
Donation |
A&G Expense |
$ |
10 |
Kansas City Power & Light Company |
Less than $10,000 -246 beneficiaries |
Community activities & Donations |
A&G Expense |
$ |
431 |
Worry Free Service, Inc. |
Less than $10,000 -2 beneficiaries |
Donation |
A&G Expense |
$ |
4 |
Wolf Creek Nuclear Operating Corporation |
Less than $10,000 -1 beneficiary (contribution of $14) |
Government relations |
Income deductions |
$ |
- |
Strategic Energy, L.L.C. |
Homeless Children's Foundation |
Donation |
A&G Expense |
$ |
25 |
Strategic Energy, L.L.C. |
Crossroads Foundation |
Donation |
A&G Expense |
$ |
50 |
Strategic Energy, L.L.C. |
Less than $10,000 - 8 beneficiaries |
Donation |
A&G Expense |
$ |
13 |
|
|
|
|
|
|
ITEM 8. SERVICE, SALES AND CONSTRUCTION CONTRACTS
Part I. Contracts for services, including engineering or construction services, or goods supplied or sold between System companies during 2003 are as follows:
|
Serving |
Receiving |
|
Compensation |
Corporate services |
Kansas City Power & Light Company |
Great Plains Energy Incorporated (Note 1) |
$ |
1,191 |
Misc. services & materials |
Kansas City Power & Light Company |
Great Plains Energy Incorporated (Note 1) |
$ |
213 |
Corporate services |
Kansas City Power & Light Company |
Great Plains Power Incorporated (Note 1) |
$ |
111 |
Misc. services & materials |
Kansas City Power & Light Company |
Great Plains Power Incorporated (Note 1) |
$ |
90 |
Corporate services |
Kansas City Power & Light Company |
Innovative Energy Consultants Inc. (Note 1) |
$ |
3 |
Corporate services |
Kansas City Power & Light Company |
Strategic Energy, L.L.C (Note 1) |
$ |
13 |
Misc. services & materials |
Kansas City Power & Light Company |
Great Plains Energy Services Incorporated (Note 4) |
$ |
5,211 |
Corporate services |
Kansas City Power & Light Company |
Home Service Solutions Inc. (Note 2) |
$ |
131 |
Misc. services & materials |
Kansas City Power & Light Company |
Home Service Solutions Inc. (Note 2) |
$ |
9 |
Corporate services |
Kansas City Power & Light Company |
Worry Free Service, Inc. (Note 2) |
$ |
83 |
Misc. services & materials |
Kansas City Power & Light Company |
Worry Free Service, Inc. (Note 2) |
$ |
34 |
Corporate services |
Kansas City Power & Light Company |
KLT Inc. (Note 3) |
$ |
1,370 |
Misc. services & materials |
Wolf Creek Nuclear Operating Corporation |
Kansas City Power & Light Company (Note 6) |
$ |
102,230 |
Construction & maintenance management |
Custom Energy, L.L.C |
Custom Energy / M&E Sales, L.L.C. |
$ |
281 |
Space rental |
KLT Telecom |
Digital Teleport (Note 5) |
$ |
25 |
Communication services |
Digital Teleport |
KLT Telecom (Note 5) |
$ |
5 |
Investment management |
KLT Telecom |
Digital Teleport (Note 5) |
$ |
10 |
Operational and administrative services (Note 5) |
|
|
$ |
- |
|
|
|
|
|
Note 1: Provided under informal arrangements during first quarter 2003. Provision of goods and services were authorized by Commission order (HCAR 27436).
Note 2: Provided under contracts dated September 4, 1998, in effect as of December 31, 2003.
Note 3: Provided during first quarter 2003 under contracts dated February 18, 1993 and August 6, 2001, in effect as of December 31, 2003. (HCAR 27436).
33
Note 4: Use of assets and facilities provided by Kansas City Power & Light Company to Great Plains Energy Services Incorporated pursuant to a facilities use agreement dated as of April 1, 2003, and in effect as of December 31, 2003. Provision of such services was authorized by the Commission in File No. 70-10064 (HCAR 27662).
Note 5: Provided under informal arrangements.
Note 6: Under an agreement dated April 14, 1986, Wolf Creek Nuclear Operating Corporation ("WCNOC") operates solely as agent for the owners of the Wolf Creek Generating Station, including Kansas City Power & Light Company ("KCP&L"). KCP&L directly pays for its 47% share of the costs to operate, maintain, and repair the Station by transferring funds to a joint bank account held by the owners of the Station. WCNOC, as agent for the owners, disburses funds from the account to pay its employees and invoices from third parties. During 2003, KCP&L transferred $102.2 million to the joint bank account. The April 14, 1986 agreement was in effect as of December 31, 2003.
Part II. There were no contracts to purchase services or goods during 2003 from any affiliate (other than a System company) or from a company in which any officer or director of the receiving company is a partner or owns 5 percent of more of any class of equity securities.
Part III. The System companies did not employ in 2003 any other person for the performance on a continuing basis of management, supervisory or financial advisory services.
The System companies in 2003 did not employ any other person for the performance on a continuing basis of management, supervisory or financial advisory services. Great Plains Energy entered into an agreement with Merrill Lynch, Pierce, Fenner & Smith Incorporated ("Merrill Lynch") as of January 1, 2004, for services regarding financial advisory and investment banking services. The compensation for certain specified transactions will be based on fees paid to major investment banks for similar transactions in similar circumstances. Great Plains Energy will reimburse reasonable out-of-pocket expenses incurred in connection with Merrill Lynch activities under the agreement.
ITEM 9. WHOLESALE GENERATORS AND FOREIGN UTILITY COMPANIES
Neither Great Plains Energy Incorporated or any its subsidiaries held any interest in an exempt wholesale generator or a foreign utility company during 2003.
ITEM 10. FINANCIAL STATEMENTS AND EXHIBITS
Consolidated Financial Statements and Notes 1 through 22 to the Consolidated Financial Statements are incorporated herein by reference, in Exhibit A-1, from the combined Annual Report of Great Plains Energy Incorporated and Kansas City Power & Light Company on Form 10-K/A for the year ended December 31, 2003.
The financial statements of inactive subsidiaries, and of subsidiaries which cannot be obtained are omitted.
By permission of the Staff of the Commission, consolidating cash flows are not presented for the following companies. These companies are included in the consolidated cash flows of Home Service Solutions, Inc., (located in Exhibit F-2).
34
Worry Free Service, Inc. |
R.S. Andrews Enterprises, Inc. |
RSA Services Termite & Pest Control, Inc. |
R.S. Andrews Enterprises of Kansas, Inc. |
R.S. Andrews Enterprises of Tennessee, Inc. |
R.S. Andrews of Stuart II, Inc. |
R.S. Andrews Enterprises of Charleston, Inc. |
R.S. Andrews of Chattanooga, Inc. |
R.S. Andrews of Maryland, Inc. |
R.S. Andrews Enterprises of South Carolina, Inc. |
R.S. Andrews of Wilmington, Inc. |
R.S. Andrews of Alabama, Inc. |
R.S. Andrews Enterprises of Columbus, Inc. |
Premier Service Systems, Inc. |
R.S. Andrews of Fairfax, Inc. |
R.S. Andrews of Tidewater, Inc. |
R.S. Andrews Enterprises of Dallas, Inc. |
R.S. Andrews Services, Inc. |
By permission of the Staff of the Commission, consolidating cash flows are not presented for the following companies. These companies are included in the consolidated cash flows of KLT Inc., (located in Exhibit F-2).
KLT Investments Inc. |
KLT Investments II Inc. |
KLT Energy Services Inc. |
Custom Energy Holdings, L.L.C. |
Strategic Energy, L.L.C. |
KLT Gas Inc. |
Apache Canyon Gas, L.L.C. |
FAR Gas Acquisitions Corporation |
Forest City, LLC |
Forest City Gathering, LLC |
KLT Gas Operating Company |
Patrick KLT Gas, LLC |
KLT Telecom Inc. |
Advanced Measurement Solutions, Inc. |
Copier Solutions, LLC |
Municipal Solutions, L.L.C. |
Telemetry Solutions, L.L.C. |
eChannel, Inc. |
Globalutilityexchange.com, LLC |
DTI Holdings, Inc. |
Digital Teleport, Inc. |
Digital Teleport Nationwide, LLC |
Digital Teleport of Virginia, Inc. |
|
35
FINANCIAL STATEMENTS
F-1 The consent of the independent accountants as to the incorporation by reference of their reports on the consolidated financial statements and the footnotes of Great Plains Energy Incorporated and Subsidiaries, and Kansas City Power & Light Company and Subsidiaries, for the year ended December 31, 2003.
F-2 Consolidating Financial Statements of Great Plains Energy Incorporated for the year ended December 31, 2003. (Filed pursuant to Rule 104(b)).
F-3 Consolidating Financial Statements of Home Service Solutions Inc. for the year ended December 31, 2003. (Filed pursuant to Rule 104(b)).
F-4 Consolidating Financial Statements of KLT Inc. for the year ended December 31, 2003. (Filed pursuant to Rule 104(b)).
F-5 Consolidating Financial Statements of KLT Energy Services Inc. for the year ended December 31,
2003. (Filed pursuant to Rule 104(b)).F-6 Consolidating Financial Statements of KLT Gas Inc. for the year ended December 31,
2003. (Filed pursuant to Rule 104(b)).F-7 Financial Statements of Kansas City Power & Light Receivables Company for the year ended December 31, 2003. (Filed pursuant to Rule 104(b)).
F-8 Statement of Owners' Assets and Statement of Expenses of Wolf Creek Nuclear Operating Corporation for the year ended December 31, 2003.
F-9 Classified plant accounts and related depreciation and amortization reserve schedules included in the FERC Form No.1 of Kansas City Power & Light Company.
F-10 Classified plant accounts and related depreciation and amortization reserve schedules included in the Electric Utility Annual Report submitted to the Kansas Commission by Wolf Creek Nuclear Operating Corporation.
F-11 The chart of accounts of KLT Inc. and its subsidiaries as of December 31, 2003 (pursuant to Rule 26 (b)).
36
EXHIBITS
Copies of the documents listed below which are identified with an asterisk (*) have heretofore been filed with the SEC and are incorporated herein by reference and made a part hereof. Exhibits not so identified are filed herewith unless otherwise stated.
Exhibit |
|
|
|
A-1* |
Combined Annual Reports of Great Plains Energy Incorporated and of Kansas City Power & Light Company on Form 10-K, as amended by Amendment No. 1 on Form 10-K/A for the year ended December 31, 2003. (File Nos. 001-00707 and 000-33207) |
|
|
B-1* |
Articles of Incorporation of Great Plains Energy Incorporated dated March 13, 2001 (Exhibit 3.i to Form 8-K filed October 1, 2001, File No. 000-33207) |
|
|
B-2* |
Bylaws of Great Plains Energy Incorporated as amended and in effect on September 16, 2003 (Exhibit 3.1 to Form 10-Q for quarter ended September 30, 2003, File Nos. 001-00707 and 000-33207) |
|
|
B-3* |
Articles of Incorporation of Innovative Energy Consultants, Inc. dated June 21, 2002 (Exhibit B-3 to Form U5S for the year ended December 31, 2002) |
|
|
B-4 |
Amended and Restated Bylaws of Innovative Energy Consultants, Inc. dated October 14, 2003 |
|
|
B-5* |
Restated Articles of Consolidation of Kansas City Power & Light Company, as amended October 1, 2001 (Exhibit 3-(i) to Form 10-Q for quarter ended September 30, 2001, File No. 001-00707) |
|
|
B-6* |
Bylaws of Kansas City Power & Light Company, as amended and in effect on September 16, 2003 (Exhibit 3.2 to Form 10-Q for the quarter ended September 30, 2003, File Nos. 001-00707 and 000-33207) |
|
|
B-7* |
Amended Articles Accepting Close Corporation dated July 9, 2002 of Great Plains Power Incorporated (Exhibit B-7 to Form U5S for the year ended December 31, 2002) |
|
|
B-8 |
Amended and Restated Bylaws dated October 14, 2003 of Great Plains Power Incorporated |
|
|
B-9* |
Articles of Incorporation as amended February 4, 2000 of Kansas City Power & Light Receivables Company (Exhibit B-7 to Form U5S/A for the year ended December 31, 2001) |
|
|
B-10 |
Amended and Restated Bylaws of Kansas City Power & Light Receivables Company dated November 13, 2003 |
|
|
B-11* |
Amended and Restated Certificate of Incorporation dated December 30, 1993 of Wolf Creek Nuclear Operating Corporation (Exhibit B-9 to Form U5S/A for the year ended December 31, 2001) |
|
|
B-12* |
Bylaws as amended December 1, 1993 of Wolf Creek Nuclear Operating Corporation (Exhibit B-10 to Form U5S/A for the year ended December 31, 2001) |
|
|
B-13* |
Certificate of Amendment to Articles of Incorporation of Home Service Solutions Inc. (Exhibit B-11 to Form U5S/A for the year ended December 31, 2001) |
37
Exhibit |
|
|
|
B-14* |
Bylaws dated May 7, 1998 of Home Service Solutions, Inc. (Exhibit B-12 to Form U5S/A for the year ended December 31, 2001) |
|
|
B-15* |
Certificate of Amendment to Articles of Incorporation of Worry Free Service, Inc. (Exhibit B-13 to Form U5S/A for the year ended December 31, 2001) |
|
|
B-16* |
Bylaws dated January 29, 1997 of Worry Free Service, Inc. (Exhibit B-14 to Form U5S/A for the year ended December 31, 2001) |
|
|
B-17* |
Articles of Incorporation, with amendments, of KLT Inc. (Exhibit B-83 to Form U5S/A for the year ended December 31, 2001) |
|
|
B-18 |
Bylaws of KLT Inc., as amended through September 16, 2003 |
|
|
B-19* |
Amended Articles Accepting Close Corporation Law dated May 22, 2000 of KLT Investments Inc. (Exhibit B-85 to Form U5S/A for the year ended December 31, 2001) |
|
|
B-20 |
Amended and Restated Bylaws of KLT Investments Inc. dated October 31, 2003 |
|
|
B-21* |
Amended Articles Accepting Close Corporation Law dated May 31, 2000 of KLT Investments II Inc. (Exhibit B-87 to Form U5S/A for the year ended December 31, 2001) |
|
|
B-22 |
Amended and Restated Bylaws of KLT Investments II Inc. dated October 31, 2003 |
|
|
B-23* |
Amended Articles Accepting Close Corporation Law dated May 19, 2000 of KLT Energy Services Inc. (Exhibit B-91 to Form U5S/A for the year ended December 31, 2001) |
|
|
B-24 |
Bylaws of KLT Energy Services Inc., as amended through October 31, 2003 |
|
|
B-25* |
Certification of Formation, with amendments, of Custom Energy Holdings, LLC (Exhibit B-93 to Form U5S/A for the year ended December 31, 2001) |
|
|
B-26* |
Second Amended and Restated Limited Liability Company Agreement dated July 26, 2002 of Custom Energy Holdings, LLC (Exhibit B-53 to Form U5S for the year ended December 31, 2002) |
|
|
B-27* |
Amendment No. 1 dated March 25, 2003 to the Second Amended and Restated Limited Liability Agreement of Custom Energy Holdings, LLC (Exhibit B-54 to Form U5S for the year ended December 31, 2002) |
|
|
B-28* |
Certificate of Formation dated September 24, 1998 of Strategic Energy, LLC (Exhibit B-95 to Form U5S/A for the year ended December 31, 2001) |
|
|
B-29* |
Amended and Restated Limited Liability Company Agreement of Strategic Energy, LLC (Exhibit B-96 to Form U5S/A for the year ended December 31, 2001) |
|
|
B-30 |
Amendment No. 1 dated April 27, 2001 to the Amended and Restated Limited Liability Company Agreement of Strategic Energy, L.L.C. |
|
|
B-31* |
Amendment No. 2 dated March 25, 2003 to the Amended and Restated Limited Liability Company Agreement of Strategic Energy, LLC (Exhibit B-57 to Form U5S for the year ended December 31, 2002) |
38
Exhibit |
|
|
|
B-32* |
Amended Articles Accepting Close Corporation Law dated May 31, 2000 of KLT Gas Inc. (Exhibit B-97 to Form U5S/A for the year ended December 31, 2001) |
|
|
B-33 |
Amended and Restated Bylaws of KLT Gas Inc. dated October 31, 2003 |
|
|
B-34* |
Certificate of Formation dated December 19, 1995 of Apache Canyon Gas, LLC (Exhibit B-99 to Form U5S/A for the year ended December 31, 2001) |
|
|
B-35 |
Second Amended and Restated Operating Agreement dated October 31, 2003 of Apache Canyon Gas, LLC |
|
|
B-36* |
Articles of Incorporation, with amendments, of Far Gas Acquisition Corporation (Exhibit B-101 to Form U5S/A for the year ended December 31, 2001) |
|
|
B-37 |
Amended and Restated Bylaws of Far Gas Acquisition Corporation dated February 23, 2004 |
|
|
B-38* |
Certificate of Formation dated May 31, 2001 of Forest City, LLC (Exhibit B-103 to Form U5S/A for the year ended December 31, 2001) |
|
|
B-39* |
Limited Liability Company Agreement dated May 31, 2001 of Forest City, LLC (Exhibit B-104 to Form U5S/A for the year ended December 31, 2001) |
|
|
B-40* |
Certificate of Formation of Forest City Gathering, LLC (Exhibit B-105 to Form U5S/A for the year ended December 31, 2001) |
|
|
B-41* |
Limited Liability Company Agreement dated August 3, 2001 of Forest City Gathering, LLC (Exhibit B-106 to Form U5S/A for the year ended December 31, 2001) |
|
|
B-42* |
Articles of Incorporation for a Close Corporation dated May 20, 1999 of KLT Gas Operating Company (Exhibit B-107 to Form U5S/A for the year ended December 31, 2001) |
|
|
B-43 |
Amended and Restated Bylaws of KLT Gas Operating Company dated October 31, 2003 |
|
|
B-44* |
Certificate of Limited Liability Company of Patrick KLT Gas, LLC (Exhibit B-109 to Form U5S/A for the year ended December 31, 2001) |
|
|
B-45* |
Members Agreement/Operating Agreement of Patrick KLT Gas, LLC (Exhibit B-110 to Form U5S/A for the year ended December 31, 2001) |
|
|
B-46* |
Amended Articles Accepting Close Corporation Law dated May 19, 2000 of KLT Telecom Inc. (Exhibit B-111 to Form U5S/A for the year ended December 31, 2001) |
|
|
B-47 |
Amended and Restated Bylaws of KLT Telecom Inc. dated October 31, 2003 |
|
|
B-48* |
Certificate of Incorporation, with amendments, of Advanced Measurement Solutions, Inc. (Exhibit B-113 to Form U5S/A for the year ended December 31, 2001) |
|
|
B-49* |
Bylaws dated June 5, 1997 of Digital Systems Engineering, Inc. (now known as Advanced Measurement Solutions, Inc.) (Exhibit B-114 to Form U5S/A for the year ended December 31, 2001) |
39
Exhibit |
|
|
|
B-50* |
Certificate of Organization Limited Liability Company dated May 12, 1998 of Copier Solutions, LLC (Exhibit B-115 to Form U5S/A for the year ended December 31, 2001) |
|
|
B-51* |
Operating Agreement dated June 2, 1998 of Copier Solutions, LLC (Exhibit B-116 to Form U5S/A for the year ended December 31, 2001) |
|
|
B-52* |
Certificate of Formation, with amendments, of Municipal Solutions, Inc. (Exhibit B-118 to Form U5S/A for the year ended December 31, 2001) |
|
|
B-53* |
Limited Liability Company Agreement dated January 9, 1997 of Municipal Solutions, LLC (Exhibit B-119 to Form U5S/A for the year ended December 31, 2001) |
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|
B-54* |
Certificate of Formation, with amendments, of Telemetry Solutions, LLC (Exhibit B-120 to Form U5S/A for the year ended December 31, 2001) |
|
|
B-55* |
Limited Liability Company Agreement dated January 9, 1997 of Telemetry Solutions, LLC (Exhibit B-121 to Form U5S/A for the year ended December 31, 2001) |
|
|
B-56 |
Articles of Incorporation of Great Plains Energy Services Incorporated dated April 1, 2003 |
|
|
B-57 |
Amended and Restated By-Laws of Great Plains Energy Services Incorporated dated October 14, 2003 |
|
|
B-58 |
Certificate of Trust of KCPL Financing I dated as of December 10, 1996 |
|
|
B-59 |
Certificate of Trust of KCPL Financing II dated as of December 10, 1996 |
|
|
B-60 |
Certificate of Trust of KCPL Financing III dated as of December 10, 1996 |
|
|
B-61* |
Great Plains Energy Incorporated Long-Term Incentive Plan (Exhibit 10.1.a to Form 10-K for the year ended December 31, 2002, File No. 0-33207) |
|
|
B-62* |
Resolution of Board of Directors Establishing 3.80% Cumulative Preferred Stock (Great Plains Energy Incorporated) (Exhibit 2-R to Registration Statement, Registration No. 2-40239) |
|
|
B-63* |
Resolution of Board of Directors Establishing 4.50% Cumulative Preferred Stock (Great Plains Energy Incorporated) (Exhibit 2-T to Registration Statement, Registration No. 2-40239) |
|
|
B-64* |
Resolution of Board of Directors Establishing 4.20% Cumulative Preferred Stock (Great Plains Energy Incorporated) (Exhibit 2-U to Registration Statement, Registration No. 2-40239) |
|
|
B-65* |
Resolution of Board of Directors Establishing 4.35% Cumulative Preferred Stock (Great Plains Energy Incorporated) (Exhibit 2-V to Registration Statement, Registration No. 2-40239) |
|
|
C-1* |
General Mortgage and Deed of Trust dated as of December 1, 1986, between Kansas City Power & Light Company and UMB Bank, n.a. (formerly United Missouri Bank of Kansas City, N.A.), Trustee (Exhibit 4-bb to Form 10-K for the year ended December 31, 1986, File No. 001-00707) |
40
Exhibit |
|
|
|
C-2* |
Fourth Supplemental Indenture dated as of February 15, 1992, to Indenture dated as of December 1, 1986 (Exhibit 4-y to Form 10-K for year ended December 31, 1991, File No. 001-00707) |
|
|
C-3* |
Fifth Supplemental Indenture dated as of September 15, 1992, to Indenture dated as of December 1, 1986 (Exhibit 4-a to Form 10-Q for the quarter ended September 30, 1992, File No. 001-00707) |
|
|
C-4* |
Sixth Supplemental Indenture dated as of November 1, 1992, to Indenture dated as of December 1, 1986 (Exhibit 4-z to Registration Statement, Registration No. 33-54196) |
|
|
C-5* |
Seventh Supplemental Indenture dated as of October 1, 1993, to Indenture dated as of December 1, 1986 (Exhibit 4-a to Form 10-Q for the quarter ended September 30, 1993, File No. 001-00707) |
|
|
C-6* |
Eighth Supplemental Indenture dated as of December 1, 1993, to Indenture dated as of December 1, 1986 (Exhibit 4 to Registration Statement, Registration No. 33-51799) |
|
|
C-7* |
Ninth Supplemental Indenture dated as of February 1, 1994, to Indenture dated as of December 1, 1986 (Exhibit 4-h to Form 10-K for year ended December 31, 1993, File No. 001-00707) |
|
|
C-8* |
Indenture for Medium-Term Note Program dated as of February 15, 1992, between Kansas City Power & Light Company and The Bank of New York (Exhibit 4-bb to Registration Statement, Registration No. 33-45736) |
|
|
C-9* |
Indenture for Medium-Term Note Program dated as of November 15, 1992, between Kansas City Power & Light Company and The Bank of New York (Exhibit 4-aa to Registration Statement, Registration No. 33-54196) |
|
|
C-10* |
Amended and Restated Declaration of Trust of Kansas City Power & Light Company Financing I dated April 15, 1997 (Exhibit 4-a to Form 10-Q for quarter ended March 31, 1997, File No. 001-00707) |
|
|
C-11* |
Indenture dated as of April 1, 1997 between the Company and The First National Bank of Chicago, Trustee (Exhibit 4-b to Form 10-Q for quarter ended March 31, 1997, File No. 001-00707) |
|
|
C-12* |
First Supplemental Indenture dated as of April 1, 1997 to the Indenture dated as of April 1, 1997 between the Company and The First National Bank of Chicago, Trustee (Exhibit 4-c to Form 10-Q for quarter ended March 31, 1997, File No. 001-00707) |
|
|
C-13* |
Preferred Securities Guarantee Agreement dated April 15, 1997 (Exhibit 4-d to Form 10-Q for the period ended March 31, 1997) |
|
|
C-14* |
Indenture for $150 million aggregate principal amount of 6.50% Senior Notes due November 15, 2011 and $250 million aggregate principal amount of 7.125% Senior Notes due December 15, 2005 dated as of December 1, 2000, between Kansas City Power & Light Company and The Bank of New York (Exhibit 4-a to Report on Form 8-K dated December 18, 2000) |
41
Exhibit |
|
|
|
C-15* |
Indenture for $225 million aggregate principal amount of 6.00% Senior Notes due 2007, Series B, dated March 1, 2002 between The Bank of New York and Kansas City Power & Light Company (Exhibit 4.1.b to Form 10-Q for the period ended March 31, 2002) |
|
|
C-16* |
Amended and Restated Lease dated as of October 12, 2001 between Kansas City Power & Light Company and Wells Fargo Bank Northwest, National Association (Exhibit 10.2.d to Form 10-K for year ended December 31, 2001, File No. 001-00707) |
|
|
C-17* |
Promissory Note dated December 21, 1995, due May 15, 2005, issued by KLT Investments Inc. to the order of NDH Capital Contribution in the face amount of $2,010,031 (Exhibit C-20 to Form U5S for the year ended December 31, 2002) |
|
|
C-18* |
Promissory Note dated May 1, 1996, due May 15, 2005, issued by KLT Investments Inc. to the order of NDH Capital Contribution in the face amount of $906,864 (Exhibit C-21 to Form U5S for the year ended December 31, 2002) |
|
|
C-19* |
Promissory Note dated October 1, 1996, due May 15, 2005, issued by KLT Investments Inc. to the order of NDH Capital Contribution in the face amount of $1,361,428 (Exhibit C-22 to Form U5S for the year ended December 31, 2002) |
|
|
C-20* |
Promissory Note dated March 31, 1999, due October 1, 2006, issued by KLT Investments Inc. to the order of NDH Capital Corporation Inc. in the face amount of $2,090,419 (Exhibit C-27 to Form U5S/A for the year ended December 31, 2001) |
|
|
C-21* |
Promissory Note dated March 21, 1997, due May 15, 2005, issued by KLT Investments Inc. to the order of NDH Capital Corporation Inc. in the face amount of $3,563,614 (Exhibit C-32 to Form U5S/A for the year ended December 31, 2001) |
|
|
C-22* |
Promissory Note dated March 21, 1997, due May 15, 2006, issued by KLT Investments Inc. to the order of NDH Capital Corporation Inc. in the face amount of $6,712,389 (Exhibit C-33 to Form U5S/A for the year ended December 31, 2001) |
|
|
C-23* |
Promissory Note dated January 29, 1998, due May 15, 2006, issued by KLT Investments Inc. to the order of NDH Capital Corporation Inc. in the face amount of $8,613,347 (Exhibit C-34 to Form U5S/A for the year ended December 31, 2001) |
|
|
C-24* |
Promissory Note dated March 30, 1999, due October 1, 2008, issued by KLT Investments Inc. to the order of NDH Capital Corporation Inc. in the face amount of $5,547,350 (Exhibit C-35 to Form U5S/A for the year ended December 31, 2001) |
|
|
C-25* |
Promissory Note dated January 29, 1998, due May 15, 2006, issued by KLT Investments Inc. to the order of NDH Capital Corporation Inc. in the face amount of $1,540,161 (Exhibit C-33 to Form U5S for the year ended December 31, 2002) |
|
|
C-26* |
Amendment Agreement entered into among KLT Investments Inc., Kansas City Power & Light Company, Great Plains Energy Incorporated and John Hancock Life Insurance Company relating to certain promissory notes issued by KLT Investments Inc., including the promissory notes included in Exhibits C-21 through C-31, and C-33 through C-35 (Exhibit C-36 to Form U5S/A for the year ended December 31, 2001) |
42
Exhibit |
|
|
|
C-27* |
Amendment Agreement entered into among KLT Investments Inc., Kansas City Power & Light Company, Great Plains Energy Incorporated and Community Reinvestment Fund, Inc., made as of October 1, 2001, relating to the promissory note included in Exhibit C-32 (Exhibit C-37 to Form U5S/A for the year ended December 31, 2001) |
|
|
C-28* |
Lease Agreement dated October 1, 1984, between Kansas Gas and Electric Company and Kansas City Power & Light Company, with letter agreement dated April 9, 1991 between Kansas Gas and Electric Company and Kansas City Power & Light Company (Exhibit C-40 to Form U5S/A for the year ended December 31, 2001) |
|
|
C-29* |
Facilities Use Agreement by and between St. Joseph Light & Power Company and Kansas City Power & Light Company for Access by Kansas City Power & Light Company to the Cooper-Fairport-St. Joseph 345 Kilovolt Interconnection, dated March 5, 1990 (Exhibit C-41 to Form U5S/A for the year ended December 31, 2001) |
|
|
C-30* |
Construction and Financing Agreement by and between Associated Electric Cooperative, Inc. and Kansas City Power & Light Company for the Cooper-Fairport-St. Joseph 345 Kilovolt Interconnection, dated March 5, 1990 (Exhibit C-42 to Form U5S/A for the year ended December 31, 2001) |
|
|
C-31* |
Equipment Sublease Agreement among City of Burlington, Kansas and Kansas City Power & Light Company dated as of December 1, 1993 (Exhibit C-48 to Form U5S for the year ended December 31, 2002) |
|
|
C-32* |
Equipment Sublease Agreement among City of LaCygne, Kansas and Kansas City Power & Light Company dated as of February 1, 1994 (Exhibit C-49 to Form U5S for the year ended December 31, 2002) |
|
|
C-33* |
Equipment Sublease Agreement among City of Burlington, Kansas and Kansas City Power & Light Company dated as of August 1, 1998 (Exhibit C-50 to Form U5S for the year ended December 31, 2002) |
|
|
D-1* |
Tax Allocation Agreement among Great Plains Energy Incorporated and subsidiaries, dated as of October 1, 2001 (Exhibit D-1 to Form U5S/A for the year ended December 31, 2001) |
|
|
D-2* |
Amendment to Tax Allocation Agreement among Great Plains Energy Incorporated and subsidiaries, effective as of October 1, 2001 (Exhibit D-2 to Form U5S/A for the year ended December 31, 2001) |
|
|
D-3* |
State Tax Return Addendum to Tax Allocation Agreement among Great Plains Energy Incorporated and Subsidiaries, effective as of October 1, 2001 (Exhibit D-3 to Form U5S for the year ended December 31, 2002) |
|
|
E-1* |
KCP&L Employee Electrical Appliance and Computer Sales Program (Exhibit E-1 to Form U5S/A for the year ended December 31, 2001) |
|
|
E-2 |
KCP&L Residential Heating and Cooling Systems Program |
|
|
E-3 |
Electric Kansas Supplemental 2003 Annual Report to the State of Kansas State Corporation Commission for the year ending December 31, 2003 of Kansas City Power & Light Company (filed on Form SE) |
43
Exhibit |
|
|
|
E-4 |
Electric Utility Annual Report of Wolf Creek Nuclear Operating Corporation to the State of Kansas State Corporation Commission for the year ending December 31, 2003 (filed on Form SE) |
|
|
F-1 |
Consent of the independent accountants as to the incorporation by reference of their reports on the consolidated financial statements and the footnotes of Great Plains Energy Incorporated and Subsidiaries, and Kansas City Power & Light Company and Subsidiaries, for the year ended December 31, 2003. |
|
|
F-2 |
Consolidating Financial Statements of Great Plains Energy Incorporated for the year ended December 31, 2003. (Filed pursuant to Rule 104(b)). |
|
|
F-3 |
Consolidating Financial Statements of Home Service Solutions Inc. for the year ended December 31, 2003. (Filed pursuant to Rule 104(b)). |
|
|
F-4 |
Consolidating Financial Statements of KLT Inc. for the year ended December 31, 2003. (Filed pursuant to Rule 104(b)). |
|
|
F-5 |
Consolidating Financial Statements of KLT Energy Services Inc. for the year ended December 31, 2003. (Filed pursuant to Rule 104(b)). |
|
|
F-6 |
Consolidating Financial Statements of KLT Gas Inc. for the year ended December 31, 2003. (Filed pursuant to Rule 104(b)). |
|
|
F-7 |
Financial Statements of Kansas City Power & Light Receivables Company for the year ended December 31, 2003. (Filed pursuant to Rule 104(b)). |
|
|
F-8 |
Statement of Owners' Assets and Statement of Expenses of Wolf Creek Nuclear Operating Corporation for the year ended December 31, 2003. |
|
|
F-9 |
Classified plant accounts and related depreciation and amortization reserve schedules included in the FERC Form No.1 of Kansas City Power & Light Company. |
|
|
F-10 |
Classified plant accounts and related depreciation and amortization reserve schedules included in the FERC Form No.1 of Wolf Creek Nuclear Operating Corporation. |
|
|
F-11 |
Chart of accounts of KLT Inc. and its subsidiaries as of December 31, 2003. |
|
|
44
SIGNATURE
Great Plains Energy Incorporated, a registered holding company, has duly caused this annual report for the year ended December 31, 2003, to be signed on its behalf by the undersigned thereunto duly authorized, pursuant to the requirements of the Public Utility Holding Company Act of 1935.
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Great Plains Energy Incorporated |
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|
/s/Andrea F. Bielsker |
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Andrea F. Bielsker |
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Senior Vice President - Finance, Chief Financial |
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Officer and Treasurer |
April 29, 2004
45
Exhibit B-4
INNOVATIVE ENERGY CONSULTANTS INC.
AMENDED AND RESTATED
BYLAWS
ARTICLE I
Offices
Section 1. The Corporation, by resolution of its shareholders, may change the location of its registered office as designated in the articles of incorporation to any other place in Missouri. By like resolution, the registered agent at such registered office may be changed to any other person or corporation, including the Corporation. Upon adoption of such a resolution, a certificate certifying the change shall be executed, acknowledged and filed with the Secretary of State of Missouri.
Section 2. The Corporation also may have offices at such other places either within or without the State of Missouri as the shareholders may from time to time determine or the business of the Corporation may require.
ARTICLE II
Shareholders
Section 1. All meetings of shareholders shall be held at such place within or without the State of Missouri as may be selected by the shareholders, but if the shareholders shall fail to designate a place for said meeting to be held, then the same shall be held at the registered office of the Corporation.
Section 2. An annual meeting of the shareholders shall be held on the first Tuesday of May in each year, if not a legal holiday, and if a legal holiday, then on the next succeeding day not a legal holiday, for the purpose of electing directors of the Corporation and transacting such other business as may properly be brought before the meeting.
Section 3. Special meetings of the shareholders may be called by the President or by the holders of not less than one-fifth of all outstanding shares entitled to vote at such meeting.
Section 4. Written or printed notice of each meeting of the shareholders, annual or special, shall be given in the manner provided in the corporation laws of the State of Missouri. In case of a call for any special meeting, the notice shall state the time, place and purpose of such meeting.
Any notice of a shareholders' meeting sent by mail shall be deemed to be delivered when deposited in the United States mail with postage thereon prepaid addressed to the shareholder at his address as it appears on the records of the Corporation.
Section 5. Meetings of the shareholders may be held without notice at any time and place, either within or without the State of Missouri, if all shareholders entitled to vote at any such meeting shall have waived notice thereof or shall be present in person or represented by proxy, and any action required to be taken by shareholders may be taken at any such meeting.
Section 6. At least ten days before each meeting of the shareholders, a complete list of the shareholders entitled to vote at such meeting, arranged in alphabetical order with the address of and the number of shares held by each, shall be prepared by the officer having charge of the transfer book for shares of the Corporation. Such list, for a period of ten days prior to such meeting, shall be kept on file at the registered office of the Corporation and shall be subject to inspection by any shareholder at any time during usual business hours. Such list shall also be produced and kept open at the time and place of the meeting and shall be subject to the inspection of any shareholder during the whole time of the meeting. The original share ledger or transfer book, or a duplicate thereof kept in the State of Missouri, shall be prima facie evidence as to who are the shareholders entitled to examine such list or share ledger or transfer book or to vote at an y meeting of shareholders.
Failure to comply with the requirements of this Section shall not affect the validity of any action taken at any such meeting.
Section 7. Each outstanding share entitled to vote under the provisions of the Certificate of Incorporation of the Corporation shall be entitled to one vote on each matter submitted at a meeting of the shareholders. A shareholder may vote either in person or by proxy executed in writing by the shareholder or by his duly authorized attorney-in-fact. No proxy shall be valid after eleven months from the date of its execution, unless otherwise provided in the proxy.
Section 8. At any meeting of shareholders, a majority of the outstanding shares entitled to vote represented in person or by proxy shall constitute a quorum for the transaction of business, except as otherwise provided by statute or by the Certificate of Incorporation or by these Bylaws. The holders of a majority of the shares represented in person or by proxy and entitled to vote at any meeting of the shareholders shall have the right successively to adjourn the meeting to the same or a different location and to a specified date not longer than ninety days after any such adjournment, whether or not a quorum be present. The time and place to which any such adjournment is taken shall be publicly announced at the meeting, and no notice need be given of any such adjournment to shareholders not present at the meeting. At any such adjourned meeting at which a quorum shall be present, any business may be transacted which might have been transacted at the meet ing as originally called.
Section 9. Shares standing in the name of another corporation may be voted by such officer, agent, or proxy, as the bylaws of such corporation may prescribe, or in the absence of such provision, as the shareholders of such corporation may determine.
Section 10. The President of the Corporation shall convene all meetings of the shareholders and shall act as chairman thereof. The Shareholders may appoint any other officer of the Corporation or shareholder to act as chairman of any meeting of the shareholders in the absence of the President.
The Secretary of the Corporation shall act as secretary of all meetings of shareholders. In the absence of the Secretary at any meeting of shareholders, the presiding officer may appoint any person to act as secretary of the meeting.
Section 11. Unless otherwise provided by statute or by the Certificate of Incorporation, any action required to be taken by shareholders may be taken without a meeting if a consent in writing, setting forth the action so taken, shall be signed by all of the shareholders entitled to vote with respect to the subject matter thereof.
ARTICLE III
Board of Directors
Section 1. Pursuant to Section 351.805, RSMo, the Articles of Incorporation of the Corporation provide that the Corporation shall operate without a board of directors.
Section 2. All corporate powers shall be exercised by or under the authority of, and the business and affairs of the Corporation managed under the direction of, the shareholders.
Section 3. Unless the Articles of Incorporation provide otherwise, action requiring director approval or both director and shareholder approval is authorized if approved by the shareholders, and action requiring a majority or greater percentage vote of the board of directors is authorized if approved by the majority or greater percentage of the votes of shareholders entitled to vote on the action.
Section 4. A requirement by a state of the United States that a document delivered for filing contained a statement that specified action has been taken by the board of directors is satisfied by a statement that the Corporation is a statutory close corporation without a board of directors and that the action was approved by the shareholders.
Section 5. The shareholders by resolution may appoint one or more shareholders to sign documents as "designated directors".
Section 6. A shareholder is not liable for his act or omission, although a director would be, unless the shareholder was entitled to vote on the action.
ARTICLE IV
Officers
Section 1. The officers of the Corporation may include a President, one or more Vice Presidents, a Secretary, and a Treasurer, all of whom shall be appointed by the shareholders. Any one person may hold two or more offices except that the offices of President and Secretary may not be held by the same person.
Section 2. The officers shall be elected annually by the shareholders. The office of the Vice President may or may not be filled as may be deemed advisable by the shareholders.
Section 3. The shareholders may from time to time appoint such other officers as they shall deem necessary or expedient, who shall hold their offices for such terms and shall exercise such powers and perform such duties as the shareholders or the President may from time to time determine.
Section 4. The officers of the Corporation shall hold office until their successors shall be chosen and shall qualify. Any officer appointed by the shareholders may be removed at any time by the affirmative vote of the shareholders. If the office of any officer becomes vacant for any reason, or if any new office shall be created, the vacancy may be filled by the shareholders.
Section 5. The salaries, if any, of all officers of the Corporation shall be fixed by the shareholders.
ARTICLE V
Powers and Duties of Officers
Section 1. The President shall be the principal executive officer of the Corporation. He/she shall preside at all meetings of the shareholders and shall perform such other duties as the shareholders shall from time to time prescribe.
Section 2. The President shall have general and active management of, and exercise general supervision of, the business and affairs of the Corporation, subject, however, to the right of the shareholders to delegate any specific power to any other officer or officers of the Corporation, and shall see that all orders and resolutions of the shareholders are carried into effect. He/she may sign with the Secretary of the Corporation stock certificates, deeds, mortgages, bonds, contracts or other instruments; and in general shall perform all duties incident to the office of president and such other duties as may be prescribed by the shareholders from time to time.
Section 3. In the absence of the President or in the event of his/her inability or refusal to act, the Vice President (or in the event there be more than one vice president, the vice presidents in the order designated, or in the absence of any designation, then in the order of election) shall perform the duties of the President and when so acting, shall have the powers of the President, and shall perform such other duties as from time to time may be assigned to him/her by the President or by the shareholders.
Section 4. The Secretary shall attend all meetings of the shareholders and shall keep the minutes of such meetings. He/she shall give, or cause to be given, notice of all meetings of the shareholders, and shall perform such other duties as may be prescribed by the shareholders or President.
The Secretary shall keep the corporate books and records, prepare the necessary reports to the State and to the shareholders. He/she shall in all respects perform those usual and customary duties which such officer performs in business corporations.
Section 5. The Treasurer shall have the custody of all moneys and securities of the Corporation. He/she is authorized to collect and receive all moneys due the Corporation and to receipt therefor, and to endorse in the name of the Corporation and on its behalf, when necessary or proper, all checks, drafts, vouchers or other instruments for the payment of money to the Corporation and to deposit the same to the credit of the Corporation in such depositaries as may be designated by the shareholders. He/she is authorized to pay interest on obligations and dividends on stocks of the Corporation when due and payable. He/she shall, when necessary or proper, disburse the funds of the Corporation, taking proper vouchers for such disbursements. He/she shall render to the shareholders and the President, whenever they may require it, an account of all transactions as Treasurer and of the financial condition of the Corporation. He/she shall perform such other duties as may be prescribed by the shareholders or the President.
Section 6. Unless otherwise ordered by the shareholders, the President or any Vice President of the Corporation (a) shall have full power and authority to attend and to act and vote, in the name and on behalf of this Corporation, at any meeting of shareholders of any corporation in which this Corporation may hold stock, and at any such meeting shall possess and may exercise any and all of the rights and powers incident to the ownership of such stock, and (b) shall have full power and authority to execute, in the name and on behalf of this Corporation, proxies authorizing any suitable person or persons to act and to vote at any meeting of shareholders of any corporation in which this Corporation may hold stock, and at any such meeting the person or persons so designated shall possess and may exercise any and all of the rights and powers incident to the ownership of such stock.
ARTICLE VI
Certificates of Stock
Section 1. The shareholders shall provide for the issue, transfer and registration of the certificates representing the shares of capital stock of the Corporation, and shall appoint the necessary officers, transfer agents and registrars for that purpose.
Section 2. Until otherwise ordered by the shareholders, stock certificates shall be signed by the President or a Vice President and by the Secretary. In case any officer or officers who shall have signed, or whose facsimile signature or signatures shall have been used on, any stock certificate or certificates shall cease to be such officer or officers of the Corporation, whether because of death, resignation or otherwise, before such certificate or certificates shall have been delivered by the Corporation, such certificate or certificates may nevertheless be issued by the Corporation with the same effect as if the person or persons who signed such certificate or certificates or whose facsimile signature or signatures shall have been used thereon had not ceased to be such officer or officers of the Corporation.
Section 3. Transfers of stock shall be made on the books of the Corporation only by the person in whose name such stock is registered or by his attorney lawfully constituted in writing, and unless otherwise authorized by the shareholders, only on surrender and cancellation of the certificate transferred. No stock certificate shall be issued to a transferee until the transfer has been made on the books of the Corporation. The person in whose name shares stand on the books of the Corporation shall be deemed the owner thereof for all purposes as regards the Corporation.
ARTICLE VII
Dividends
Dividends may be declared at such times as the shareholders shall determine from the net earnings, or earned surplus, in accordance with law. Stock dividends may be declared if justified and provided capital is not impaired by such action.
ARTICLE VIII
Fiscal Year
Section 1. The fiscal year of the Corporation shall be the calendar year.
ARTICLE IX
Waiver of Notice
Whenever by statute or by the Certificate of Incorporation or by these Bylaws any notice whatever is required to be given, a waiver thereof in writing signed by the person or persons entitled to such notice, whether before or after the time stated therein, shall be deemed equivalent to the giving of such notice.
ARTICLE X
Indemnification by the Corporation
The Corporation shall indemnify to the full extent authorized or permitted by The General and Business Corporation Law of Missouri, as now in effect or as hereafter amended, any person made or threatened to be made, a party to any threatened, pending or completed action, suit or proceeding (whether civil, criminal, administrative or investigative, including an action by or in the right of the Corporation) by reason of the fact that he/she is or was a shareholder, officer, employee or agent of the Corporation or serves any other enterprises as such at the request of the Corporation.
The foregoing right of indemnification shall be deemed exclusive of any other rights to which such persons may be entitled apart from this Article X. The foregoing right of indemnification shall continue as to a person who has ceased to be a shareholder, officer, employee or agent and shall inure to the benefit of the heirs, executors and administrators of such a person.
ARTICLE XI
Amendments
The shareholders may make, alter, amend or repeal Bylaws of the Corporation at any annual or special meeting of shareholders by a majority vote of the shareholders present and entitled to vote at such meeting, provided a quorum is present.
Exhibit B-8
GREAT PLAINS POWER INCORPORATED
AMENDED AND RESTATED BY-LAWS
OCTOBER 14, 2003
GREAT PLAINS POWER INCORPORATED
AMENDED AND RESTATED BY-LAWS
ARTICLE I
Offices
Section 1. The Corporation, by resolution of its shareholders, may change the location of its registered office as designated in the Articles of Incorporation to any other place in Missouri. By like resolution, the registered agent at such registered office may be changed to any other person or corporation, including the Corporation. Upon adoption of such a resolution, a certificate certifying the change shall be executed, acknowledged and filed with the Secretary of State of Missouri.
Section 2. The Corporation also may have offices at such other places either within or without the State of Missouri as the shareholders may from time to time determine or the business of the Corporation may require.
ARTICLE II
Shareholders
Section 1. All meetings of shareholders shall be held at such place within or without the State of Missouri as may be selected by the shareholders, but if the shareholders shall fail to designate a place for said meeting to be held, then the same shall be held at the registered office of the Corporation.
Section 2. An annual meeting of the shareholders shall be held on the first Tuesday of May in each year, if not a legal holiday, and if a legal holiday, then on the first succeeding day which is not a legal holiday, at ten o'clock in the forenoon, for the purpose of electing directors of the Company and transacting such other business as may properly be brought before the meeting.
Section 3. Special meetings of the shareholders may be called by the President or by the holders of not less than one-fifth of all outstanding shares entitled to vote at such meeting.
Section 4. Written or printed notice of each meeting of the shareholders, annual or special, shall be given in the manner provided in the corporation laws of the State of Missouri. In case of a call for any special meeting, the notice shall state the time, place and purpose of such meeting.
Any notice of a shareholders' meeting sent by mail shall be deemed to be delivered when deposited in the United States mail with postage thereon prepaid addressed to the shareholder at his address as it appears on the records of the Corporation.
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Section 5. Meetings of the shareholders may be held without notice at any time and place, either within or without the State of Missouri, if all shareholders entitled to vote at any such meeting shall have waived notice thereof or shall be present in person or represented by proxy, and any action required to be taken by shareholders may be taken at any such meeting.
Section 6. At least ten days before each meeting of the shareholders, a complete list of the shareholders entitled to vote at such meeting, arranged in alphabetical order with the address of and the number of shares held by each, shall be prepared by the officer having charge of the transfer book for shares of the Corporation. Such list, for a period of ten days prior to such meeting, shall be kept on file at the registered office of the Corporation and shall be subject to inspection by any shareholder at any time during usual business hours. Such list shall also be produced and kept open at the time and place of the meeting and shall be subject to the inspection of any shareholder during the whole time of the meeting. The original share ledger or transfer book, or a duplicate thereof kept in the State of Missouri, shall be prima facie evidence as to who are the shareholders entitled to e xamine such list or share ledger or transfer book or to vote at any meeting of shareholders.
Failure to comply with the requirements of this Section shall not affect the validity of any action taken at any such meeting.
Section 7. Each outstanding share entitled to vote under the provisions of the Articles of Incorporation of the Corporation shall be entitled to one vote on each matter submitted at a meeting of the shareholders. A shareholder may vote either in person or by proxy executed in writing by the shareholder or by his duly authorized attorney-in-fact. No proxy shall be valid after eleven months from the date of its execution, unless otherwise provided in the proxy.
Section 8. At any meeting of shareholders, a majority of the outstanding shares entitled to vote represented in person or by proxy shall constitute a quorum for the transaction of business, except as otherwise provided by statute or by the Articles of Incorporation or by these By-Laws. The holders of a majority of the shares represented in person or by proxy and entitled to vote at any meeting of the shareholders shall have the right successively to adjourn the meeting to the same or a different location and to a specified date not longer than ninety days after any such adjournment, whether or not a quorum be present. The time and place to which any such adjournment is taken shall be publicly announced at the meeting, and no notice need be given of any such adjournment to shareholders not present at the meeting. At any such adjourned meeting at which a quorum shall be present, any busines s may be transacted which might have been transacted at the meeting as originally called.
Section 9. Shares standing in the name of another corporation may be voted by such officer, agent, or proxy, as the by-laws of such corporation may prescribe, or in the absence of such provision, as the shareholders of such corporation may determine.
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Section 10. The President of the Corporation shall convene all meetings of the shareholders and shall act as chairman thereof. The shareholders may appoint any other officer of the Corporation or shareholder to act as chairman of any meeting of the shareholders in the absence of the President.
The Secretary of the Corporation shall act as secretary of all meetings of shareholders. In the absence of the Secretary at any meeting of shareholders, the presiding officer may appoint any person to act as secretary of the meeting.
Section 11. Unless otherwise provided by statute or by the Articles of Incorporation, any action required to be taken by shareholders may be taken without a meeting if a consent in writing, setting forth the action so taken, shall be signed by all of the shareholders entitled to vote with respect to the subject matter thereof.
ARTICLE III
Board of Directors
Section 1. Pursuant to Section 351.805, RSMo, the Articles of Incorporation of the Corporation provide that the Corporation shall operate without a board of directors.
Section 2. All corporate powers shall be exercised by or under the authority of, and the business and affairs of the Corporation managed under the direction of, the shareholders.
Section 3. Unless the Articles of Incorporation provide otherwise, action requiring director approval or both director and shareholder approval is authorized if approved by the shareholders, and action requiring a majority or greater percentage vote of the board of directors is authorized if approved by the majority or greater percentage of the votes of shareholders entitled to vote on the action.
Section 4. A requirement by a state of the United States that a document delivered for filing contained a statement that specified action has been taken by the board of directors is satisfied by a statement that the Corporation is a statutory close corporation without a board of directors and that the action was approved by the shareholders.
Section 5. The shareholders by resolution may appoint one or more shareholders to sign documents as "designated directors".
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Section 6. A shareholder is not liable for his act or omission, although a director would be, unless the shareholder was entitled to vote on the action.
ARTICLE IV
Officers
Section 1. The officers of the Corporation may include a President, one or more Vice Presidents, a Secretary, and a Treasurer, all of whom shall be appointed by the shareholders. Any one person may hold two or more offices except that the offices of President and Secretary may not be held by the same person.
Section 2. The officers shall be elected annually by the shareholders. The office of the Vice President may or may not be filled as may be deemed advisable by the shareholders.
Section 3. The shareholders may from time to time appoint such other officers as they shall deem necessary or expedient, who shall hold their offices for such terms and shall exercise such powers and perform such duties as the shareholders or the President may from time to time determine.
Section 4. The officers of the Corporation shall hold office until their successors shall be chosen and shall qualify. Any officer appointed by the shareholders may be removed at any time by the affirmative vote of the shareholders. If the office of any officer becomes vacant for any reason, or if any new office shall be created, the vacancy may be filled by the shareholders.
Section 5. The salaries, if any, of all officers of the Corporation shall be fixed by the shareholders.
ARTICLE V
Powers and Duties of Officers
Section 1. The President shall be the principal executive officer of the Corporation. He/she shall preside at all meetings of the shareholders and shall perform such other duties as the shareholders shall from time to time prescribe.
Section 2. The President shall have general and active management of, and exercise general supervision of, the business and affairs of the Corporation, subject, however, to the right of the shareholders to delegate any specific power to any other officer or officers of the Corporation, and shall see that all orders and resolutions of the shareholders are carried into effect. He/she may sign with the Secretary of the Corporation stock certificates, deeds, mortgages, bonds, contracts or other instruments; and in general shall perform all duties incident to the office of president and such other duties as may be prescribed by the shareholders from time to time.
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Section 3. In the absence of the President or in the event of his/her inability or refusal to act, the Vice President (or in the event there be more than one vice president, the vice presidents in the order designated, or in the absence of any designation, then in the order of election) shall perform the duties of the President and when so acting, shall have the powers of the President, and shall perform such other duties as from time to time may be assigned to him/her by the President or by the shareholders.
Section 4. The Secretary shall attend all meetings of the shareholders and shall keep the minutes of such meetings. He/she shall give, or cause to be given, notice of all meetings of the shareholders and shall perform such other duties as may be prescribed by the shareholders or President.
The Secretary shall keep the corporate books and records, prepare the necessary reports to the State and to the shareholders. He/she shall in all respects perform those usual and customary duties which such officer performs in business corporations.
Section 5. The Treasurer shall have the custody of all moneys and securities of the Corporation. He/she is authorized to collect and receive all moneys due the Corporation and to receipt therefor, and to endorse in the name of the Corporation and on its behalf, when necessary or proper, all checks, drafts, vouchers or other instruments for the payment of money to the Corporation and to deposit the same to the credit of the Corporation in such depositaries as may be designated by the shareholders. He/she is authorized to pay interest on obligations and dividends on stocks of the Corporation when due and payable. He/she shall, when necessary or proper, disburse the funds of the Corporation, taking proper vouchers for such disbursements. He/she shall render to the shareholders and the President, whenever they may require it, an account of all transactions as Treasurer and of the financial co ndition of the Corporation. He/she shall perform such other duties as may be prescribed by the shareholders or the President.
Section 6. Unless otherwise ordered by the shareholders, the President or any Vice President of the Corporation (a) shall have full power and authority to attend and to act and vote, in the name and on behalf of this Corporation, at any meeting of shareholders of any corporation in which this Corporation may hold stock, and at any such meeting shall possess and may exercise any and all of the rights and powers incident to the ownership of such stock, and (b) shall have full power and authority to execute, in the name and on behalf of this Corporation, proxies authorizing any suitable person or persons to act and to vote at any meeting of shareholders of any corporation in which this Corporation may hold stock, and at any such meeting the person or persons so designated shall possess and may exercise any and all of the rights and powers incident to the ownership of such stock.
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ARTICLE VI
Certificates of Stock
Section 1. The shareholders shall provide for the issue, transfer and registration of the certificates representing the shares of capital stock of the Corporation, and shall appoint the necessary officers, transfer agents and registrars for that purpose.
Section 2. Until otherwise ordered by the shareholders, stock certificates shall be signed by the President or a Vice President and by the Secretary. In case any officer or officers who shall have signed, or whose facsimile signature or signatures shall have been used on, any stock certificate or certificates shall cease to be such officer or officers of the Corporation, whether because of death, resignation or otherwise, before such certificate or certificates shall have been delivered by the Corporation, such certificate or certificates may nevertheless be issued by the Corporation with the same effect as if the person or persons who signed such certificate or certificates or whose facsimile signature or signatures shall have been used thereon had not ceased to be such officer or officers of the Corporation.
Section 3. Transfers of stock shall be made on the books of the Corporation only by the person in whose name such stock is registered or by his attorney lawfully constituted in writing, and unless otherwise authorized by the shareholders, only on surrender and cancellation of the certificate transferred. No stock certificate shall be issued to a transferee until the transfer has been made on the books of the Corporation. The person in whose name shares stand on the books of the Corporation shall be deemed the owner thereof for all purposes as regards the Corporation.
ARTICLE VII
Dividends
Dividends may be declared at such times as the shareholders shall determine from the net earnings, or earned surplus, in accordance with law. Stock dividends may be declared if justified and provided capital is not impaired by such action.
ARTICLE VIII
Fiscal Year
Section 1. The fiscal year of the Corporation shall be the calendar year.
Section 2. As soon as practicable after the close of each fiscal year, the shareholders shall cause a report of the business and affairs of the Corporation to be made to the shareholders.
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ARTICLE IX
Waiver of Notice
Whenever by statute or by the Articles of Incorporation or by these By-Laws any notice whatever is required to be given, a waiver thereof in writing signed by the person or persons entitled to such notice, whether before or after the time stated therein, shall be deemed equivalent to the giving of such notice.
ARTICLE X
Indemnification by the Corporation
The Corporation shall indemnify to the full extent authorized or permitted by The General and Business Corporation Law of Missouri, as now in effect or as hereafter amended, any person made or threatened to be made, a party to any threatened, pending or completed action, suit or proceeding (whether civil, criminal, administrative or investigative, including an action by or in the right of the Corporation) by reason of the fact that he/she is or was a director, officer, employee or agent of the Corporation or serves any other enterprises as such at the request of the Corporation.
The foregoing right of indemnification shall be deemed exclusive of any other rights to which such persons may be entitled apart from this Article X. The foregoing right of indemnification shall continue as to a person who has ceased to be a shareholder, officer, employee or agent and shall inure to the benefit of the heirs, executors and administrators of such a person.
ARTICLE XI
Amendments
The shareholders may make, alter, amend or repeal By-Laws of the Corporation at any annual or special meeting of the shareholders by a majority vote of the shareholders present and entitled to vote at such meeting, provided a quorum is present.
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Exhibit B-10
KANSAS CITY POWER & LIGHT RECEIVABLES COMPANY
AMENDED AND RESTATED BY-LAWS
NOVEMBER 13, 2003
KANSAS CITY POWER & LIGHT RECEIVABLES COMPANY
BY-LAWS
ARTICLE I
OFFICES
Section 1. Principal and Registered Office. The Corporation, by resolution of its Board of Directors, may change the location of its registered office as designated in the articles of incorporation to any other place in Delaware. By like resolution, the registered agent at such registered office may be changed to any other person or corporation, including the Corporation. Upon adoption of such a resolution, a certificate certifying the change shall be executed, acknowledged and filed with the Secretary of State of Delaware.
Section 2. Other Offices. The Corporation may also have offices at such other places, both within and without the States of Missouri and Delaware, as the Board of Directors may from time to time determine or the business of the Corporation may require to the extent not prohibited by law.
ARTICLE II
MEETINGS OF SHAREHOLDERS
Section 1. Location. All meetings of shareholders shall be held at the Corporation's principal office in Kansas City, Missouri, or at such other place either within or without the States of Missouri or Delaware as shall be designated from time to time by the Board of Directors and stated in the notice of the meeting.
Section 2. Annual Meetings. Annual meetings of shareholders shall be held on the date and time as shall be designated from time to time by the Board of Directors and stated in the notice of the meeting. At the annual meeting, the shareholders shall elect a Board of Directors by plurality vote, and shall transact any other business as may properly come before the meeting.
Section 3. Notice of Annual Meeting. Written notice of the annual meeting stating the place, day and hour of the meeting shall be given to each shareholder of record entitled to vote at such meeting not less than 10 nor more than 60 days before the date of the meeting.
Section 4. Special Meetings. Special meetings of shareholders, for any purpose or purposes, unless otherwise prescribed by statute or by the Certificate of Incorporation, may be called by the Chairman or the President, or a majority of the Board of Directors, or upon the written request of shareholders owning not less than 25% of all shares of capital stock of the Corporation issued and outstanding and entitled to vote at such meeting. Such request by the shareholders shall state specifically the purpose or purposes of the proposed meeting.
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Section 5. Notice of Special Meetings.
Written notice of a special meeting stating the place, date and hour of the meeting and the purpose or purposes for which the meeting is called, shall be given to each shareholder entitled to vote at such meeting, not less than 10 nor more than 60 days before the date of the meeting.Section 6. Business of Special Meetings. Business transacted at any special meeting of shareholders shall be limited to the purposes stated in the notice.
Section 7. Shareholder List. The officer who has charge of the Corporation's stock ledger shall prepare and make at least 10 days before every meeting of shareholders, a complete list of shareholders entitled to vote at the meeting, arranged in alphabetical order, and showing the address of each shareholder and the number of shares registered in the name of each shareholder. Such list shall be available for inspection by any shareholder for any purpose germane to the meeting during ordinary business hours for a period of at least 10 days prior to the meeting either at a place within the city where the meeting is to be held which place is specified in the notice of the meeting or at the place where the meeting is to be held. The list of shareholders entitled to vote also shall be produced and kept at the time and place of the meeting during the whole time thereof, and may be inspected by any shareholder who is present. The original stock transfer books shall be the only evidence as to the shareholders entitled to examine the shareholder list or stock transfer book, or to vote at any meeting of shareholders.
Section 8. Quorum. The holders of a majority of the Corporation's shares issued and outstanding and entitled to vote thereat, present in person or represented by proxy, shall constitute a quorum at all meetings of shareholders for the transaction of business except as otherwise provided by the Delaware General Corporation Law or the Certificate of Incorporation. If, however, such quorum is not present or represented at any meeting of the shareholders, the shareholders entitled to vote thereat, present in person or represented by proxy, shall have the power to adjourn the meeting from time to time, without notice other than announcement at the meeting, until a quorum shall be present or represented. At such adjourned meeting at which a quorum shall be present or represented, any business may be transacted which might have been transacted at the meeting as originally notified. If the adjou rnment is for more than 30 days, or if after the adjournment a new record date is fixed for the adjourned meeting, written notice of the adjourned meeting shall be given to the shareholders entitled to vote at the meeting. Every meeting of the shareholders may be adjourned from time to time until its business is completed, and except as provided herein or by applicable law, no notice need be given of such adjourned meeting.
Section 9. Action by Shareholders. When a quorum is present at any meeting, the vote of the holders of a majority of the shares having voting power present in person or represented by proxy shall decide any question brought before such meeting, unless the question is one upon which by express provision of the Delaware General Corporation Law or the Certificate of Incorporation, a different vote is required, in which case, such express provision shall govern and control the decision of such question.
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Section 10. Voting.
Each shareholder shall at every meeting of the shareholders be entitled to one vote in person or by proxy for each share having voting power held by such shareholder, except as may otherwise be provided in the Certificate of Incorporation or any Certificate of Designation thereunder.Section 11. Waiver of Notice. Whenever any notice is required to be given to any shareholder, a waiver thereof in writing signed by the person or persons entitled to such notice, whether before or after the time stated therein, shall be equivalent to the giving of such notice. Attendance of a person at a meeting shall constitute a waiver of notice of such meeting, except when the person attends a meeting for the express purpose of objecting, at the beginning of the meeting, to the transaction of any business because the meeting is not lawfully called or convened.
Section 12. Action Without a Shareholders' Meeting. Any action required to be taken at any annual or special meeting of shareholders of the Corporation, or any action which may be taken at any annual or special meeting of such shareholders, may be taken without a meeting, without prior notice and without a vote, if a consent in writing, setting forth the action so taken, shall be signed by the holders of outstanding shares entitled to vote on such matters having not less than the minimum number of votes that would be necessary to authorize or take such action at a meeting at which all shares entitled to vote thereon were present and voted. Any such consent shall be delivered to the Corporation at its registered office in the State of Delaware, its principal place of business, or to an officer or agent of the Corporation having custody of the minutes of the proceedings of the shareh olders. Any delivery made to the Corporation's registered office of corporate action by less than unanimous written consent shall be given to those shareholders who have not consented in writing.
Section 13. Form of Written Consent. Every written consent by a shareholder or shareholders shall bear the date of signature of each shareholder who signs the consent. No written consent shall be effective with respect to the action referred therein, unless, within 60 days of the earliest date of consent delivered as required by these By-Laws and the Delaware General Corporation Law, written consents signed by a sufficient number of shareholders to take action are delivered to the Corporation by delivery as provided in Section 12 of this Article II.
ARTICLE III
BOARD OF DIRECTORS
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Section 1. General, Powers; Number, Tenure and Qualifications.
The Corporation's business, properties and affairs shall be managed by its Board of Directors (the "Board"), comprised of the number and type of directors determined in the Certificate of Incorporation. Directors shall be elected at each annual meeting of the shareholders, and shall hold office as provided in the Certificate of Incorporation and until their successors are elected and qualified. At all times, at least one member of the Board of Directors shall be an "Independent Director" (as defined in Section 9.6.1 of the Certificate of Incorporation and as further provided in Section 5.1 thereof).Section 2. Vacancies. Vacancies in the Board shall be filled by the affirmative vote of a majority of the remaining directors even though such remaining directors constitute less than a quorum of the Board. A director elected to fill a vacancy shall serve a term as provided in the Certificate of Incorporation. Any directorship to be filled by reason of an increase in the number of directors shall be filled by election at an annual or special meeting of shareholders. If there are no directors in office, then the shareholders may hold a special meeting to elect directors, at least one of whom shall be an Independent Director.
Section 3. Location of Meetings. Meetings of the Board, regular or special, shall be held at the Corporation's principal office unless otherwise specified in the notice thereof, in which event the meeting shall be held where specified in the notice, either within or without the States of Missouri or Delaware.
Section 4. Organizational Meetings. The first meeting of each newly-elected Board shall be held on the day and time specified by the Corporation's Board. No notice of such meeting shall be necessary to the newly-elected directors in order to legally constitute the meeting, provided a quorum is present.
Section 5. Regular Meetings. Regular meetings of the Board shall be held at such times and places as the Board by resolution may determine.
Section 6. Special Meetings. Special meetings of the Board may be called by the Chairman or President on 24 hours' personal, telephonic, telegraphic or facsimile notice to each director, or on three days' written notice to each director. Upon the written request of a majority of directors constituting the whole Board, special meetings may be called by the Chairman or President, and appropriate notice given. Any notice or waiver thereof of a special meeting, whether personal, telephonic, telegraphic or written, need not include a statement of the business to be transacted at, nor the purposes of, such special meeting except as expressly required by statute, the Corporation's Certificate of Incorporation or these By-Laws. Meetings of any committee of the Board may be called by the Chairman, the President, or by the chairman of the committee, at any time upon personal, telephonic, telegraph ic or written notice to each member of such committee and need not include a statement of the business to be transacted at, nor the purposes of, such special meeting.
Section 7. Meetings by Conference Telephone, etc. Meetings of the Board, and of any committee thereof, may be held by means of a conference telephone or equivalent communication equipment by which all persons participating in the meeting can hear each other simultaneously. Participation by such means shall constitute presence in person at any such meeting.
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Section 8. Quorum.
At all meetings of the Board, a majority of the directors then holding office shall constitute a quorum for the transaction of business, and the act of a majority of the directors present at any meeting at which there is a quorum shall be the act of the Board, except as may otherwise specifically be provided by statute, the Certificate of Incorporation or these By-Laws. If a quorum is not present at any meeting of the Board, the directors present may adjourn the meeting from time to time, without notice other than announcements at the meeting, until a quorum shall be present.Section 9. Action Without a Meeting. Any action required or permitted to be taken at any meeting of the Board or of any committee thereof may be taken without a meeting or vote, if a written consent setting forth the action taken is signed by all members of the Board or committee, as the case may be, and such written consent or consents are filed with the minutes of proceedings of the Board or of such committee. Such consents shall have the same effect on a unanimous vote of the Board.
Section 10. Committees. The Board may, by resolution passed by a majority of the whole Board, designate one or more committees, each committee to consist of two or more of the directors of the Corporation. Any such committee, to the extent provided in the resolution or resolutions of the Board, shall have and may exercise all the powers and authority of the Board in the management of the business and affairs of the Corporation during intervals between meetings of the Board, and may authorize the seal of the Corporation to be affixed to all papers which may require it; but no such committee shall have any power or authority to declare a dividend or distribution from capital or earned surplus, issue shares of the Corporation, amend the Certificate of Incorporation, adopt an agreement of merger or consolidation, recommend to the shareholders the sale, lease or exchange of all or substantial ly all of the Corporation's property and assets, recommend to the shareholders a dissolution of the Corporation or a revocation thereof, fill vacancies in the Board, or amend these By-Laws, authorize the issuance of stock or adopt a certificate of ownership and merger pursuant to Delaware General Corporation Law, Section 253, or adopt any plan of bankruptcy or reorganization under the United States Bankruptcy Code, as amended (the "Bankruptcy Code") or any similar state laws, or otherwise take any action described in Sections 15 or 16 of this Article III or any other action which requires the consent of the Independent Director. Such committee or committees shall have such name or names as may be determined from time to time by resolution adopted by the Board.
Section 11. Committee Minutes and Reports. Each committee shall keep regular minutes of its meetings and report the same to the Board whenever required or requested.
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Section 12. Compensation.
The Board shall have the authority to fix the compensation of directors. The directors may be paid a fixed sum for attendance at each meeting of the Board and/or a stated salary as directors. No such payment shall preclude any director from serving the Corporation in any other capacity and receiving-compensation therefor. Members of special or standing committees may be compensated for attending committee meetings. The Independent Director shall be paid an annual fee of not less than $2,500.Section 13. Transactions with Directors, etc. Insofar as not prohibited by applicable law, no contract or other transaction between the Corporation and one or more of its directors or any other corporation, partnership, association or other organization in which one or more of its directors or officers are directors or officers, or have a financial interest, shall be either void or voidable because of such relationship or interest, or because such director or directors are present at or participates in the meeting of the Board or a committee thereof which authorizes, approves or ratifies such contract or transaction or solely because his or their votes are counted for such purpose, if the contract or transaction is fair and reasonable to the Corporation and if either:
(a) The material facts as to such relationship or interest and as to the contract or transaction are disclosed or are known to the Board or committee which, in good faith, authorizes, approves or ratifies the contract or transaction by the affirmative vote or consent of a majority of the disinterested directors even though the disinterested directors are less than a quorum; or
(b) The material facts as to his relationship or interest and as to such contract or transaction are disclosed or are known to the shareholders entitled to vote thereon, and the contract or transaction is specifically approved in good faith by vote or written consent of the shareholders; or
(c) The contract or transaction is fair as to the Corporation as of the time it is authorized, approved or ratified by the Board or a committee thereof or by the shareholders.
Section 14. Removal of Directors. Any director may be removed from office only for cause, and the Independent Director may only be removed if a successor Independent Director has been designated who is qualified under the Certificate of Incorporation, and who is willing and able to serve as the Independent Director effective immediately upon the removal of such Independent Director.
Section 15. Institution of Insolvency Proceedings. Notwithstanding anything to the contrary contained in the Delaware General Corporation Law, the Certificate of Incorporation or these By-Laws, the unanimous approval of the Board of Directors is required for the filing by the Corporation of a voluntary bankruptcy petition under Section 301 of the Bankruptcy Code, 11 U.S.C. Section 301, or any successor thereto, or consent to the institution of bankruptcy or insolvency proceedings against it, or the filing of a petition or consent to a petition seeking reorganization or relief under any applicable federal or state laws relating to bankruptcy or insolvency, or the consent to the appointment of receiver, liquidation, assignee, trustee, sequestrator (or other similar official) of the Corporation or a substantial part of its property, or the making of any assignment for the benefit of credito rs, or, except as required by law, the admittance in writing of its inability to pay its debts generally as they become due, or the taking of any corporate action in furtherance of any such action. To the fullest extent permitted by applicable law, when voting on matters subject to the vote of the Board of Directors, including those matters specified in this Section 15, notwithstanding that the Corporation is not then insolvent, the Independent Director shall take into account the interests of the creditors of the Corporation as well as the interests of the Corporation and its Stockholders.
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Section 16. Merger, etc.
Notwithstanding anything to the contrary contained in the Delaware General Corporation Law, the Certificate of Incorporation or these By-Laws, the unanimous approval of the Board of Directors including the Independent Director is required for any of the following:(a) the filing by the Corporation of a voluntary bankruptcy petition under Section 301 of the Bankruptcy Code, 11 U.S.C. Section 301, or any successor thereto;
(b) any merger, consolidation or other combination of the Corporation with any other entity, including Kansas City Power & Light Company;
(c) the sale of any assets of the Corporation except for Permitted Sales;
(d) the amendment of this Certificate of Incorporation; or
(e) the establishment of investment guidelines and criteria for investing proceeds from Permitted Financings and Permitted Sales.
ARTICLE IV
NOTICES
Section 1. Manner of Giving Notice. Except as otherwise required by law, whenever notice is required to be given to any director or shareholder, such notice requirement can be satisfied by giving written notice by mail, postage prepaid, addressed to such director or shareholder, at his address as it appears on the records of the Corporation, and such notice shall be deemed to be given at the time when the same is deposited in the United States mail. Notice to directors may also be given in person, or by telegram, facsimile or telephone.
Section 2. Waiver of Notice. Whenever any notice is required to be given to any shareholder or director of the Corporation, a waiver thereof in writing, signed by the person or persons entitled to said notice, whether before or after the time stated therein, shall be deemed equivalent to the giving of such notice.
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ARTICLE V
OFFICERS
Section 1. Officers, Election, Terms.
The officers of the Corporation shall be a President, a Treasurer, and a Secretary. The Board may also elect a Chairman of the Board, and one or more Vice Presidents, Assistant Treasurers, Assistant Secretaries and such other officers as the Board may from time to time deem proper. Subject to paragraph 9.6.1 of the Certificate of Incorporation, the Corporation's officers shall be elected annually by the Board at its regular annual organizational meeting to serve for a term of one year and until their respective successors are elected and qualified. If the officers or any of them for any reason should not be elected at the regular annual meeting of the Board, they may be elected at any regular or special meeting of the Board. Any person may hold two or more of the offices in the Corporation except the same person may not serve as President and Secretary (or Assistant Secretary). The Board may in its discretion designate one or more of the Vice Presidents as Executive or Senior Vice Presidents.Section 2. Duties of the Chairman of the Board. The Chairman of the Board, if one is elected and serving, shall preside at all meetings of the shareholders and Board. He shall have authority to execute bonds, mortgages, and other contracts requiring a seal, under the seal of the Corporation. He shall have power to endorse, when sold, assigned, transferred or otherwise disposed of by the Corporation, all certificates or shares of stock, bonds, or other securities issued by other corporations, associations, trusts, whether public or private, or by any government agency thereof, and owned or held by the Corporation, and to make, execute and deliver all instruments or assignments of transfer of any of such stocks, bonds or other securities. He may, with the approval of the Board, or shall, at the Board's direction, delegate any or all of such duties to the President.
Section 3. Duties of the President. The President shall be the Corporation's chief executive officer and shall be responsible for all of the operations of the Corporation and shall report to the Board.
The President shall be responsible to the Chairman and to the Board and shall see that all orders and resolutions of the Board are carried into effect. He shall, under the direction of the Board, have general supervision and direction of the other officers, employees and agents of the Corporation and shall see that their duties, as assigned by the Board, are properly performed. He shall designate and assign the duties of the officers under his supervision, with the approval of the Board or at their direction.
The President shall have authority to execute bonds, mortgages and other contracts requiring a seal, under the seal of the Corporation; he shall have power to endorse, when sold, assigned, transferred or otherwise disposed of by the Corporation, all certificates for shares, bonds, or other securities or evidences of indebtedness issued by other corporations, associations, trusts, whether public or private, or by any government or agency thereof, and owned or held by the Corporation and to make, execute and deliver all instruments or assignments or transfers of any such stocks, bonds, or other securities. In the absence of the Chairman of the Board, or in the event a Chairman is not elected, the President shall have authority to do any and all things delegated to the Chairman of the Board by the Board or by any committee of the Board having authority.
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He shall have general authority over the Corporation's business, and if the office of Chairman of the Board is vacant, shall exercise the duties and have the powers of the Chairman of the Board, and shall have such other powers and perform such other duties as the Board may from time to time prescribe.
Section 4. Vice Presidents. The Vice Presidents (in order of the Executive Vice President, Senior Vice President and other Vice Presidents, each class in order of the seniority of its respective members or as designated by resolution of the Board) shall, in the absence or disability of the Chairman and President, perform the duties and exercise the powers of said officers, and shall perform such other duties and exercise such other powers as the Board, the Chairman of the Board or the President may prescribe. One or more Vice Presidents may be designated by the Board as either "Executive Vice President" or "Senior Vice President."
Section 5. Treasurer. The Treasurer shall be the Corporation's chief financial officer and shall have charge and custody of, and shall be responsible for, all funds and securities of the Corporation, and shall deposit all such funds in the name of the Corporation in such banks or other depositories as shall be selected or authorized to be selected by the Board; shall render or cause to be rendered a statement of the condition of the finances of the Corporation at all regular meetings of the Board, and a full financial report at the annual meeting of shareholders, if called upon so to do; shall receive and give receipts for moneys due and payable to the Corporation from any source whatsoever; and, in general, shall perform or cause to be performed all the duties incident to the office of Treasurer and such other duties as from time to time may be assigned to him by the Board.
Section 6. Assistant Treasurer. The Assistant Treasurers shall perform such duties as from time to time may be assigned to them by the Chairman of the Board, the President, the Treasurer or the Board. At the request of the Treasurer, or in case of his absence or inability to act, any Assistant Treasurer may act in his or her place.
Section 7. Secretary. The Secretary, if present, shall act as secretary at all meetings of the Board and of the shareholders and keep the minutes thereof in a book or books to be provided for that purpose; shall see that all notices required to be given by the Corporation are duly given and served; shall be custodian of the seal of the Corporation and shall affix the seal or cause it or a facsimile thereof to be affixed to all certificates representing shares of the Corporation and to all documents the execution of which on behalf of the Corporation under its seal shall be duly authorized in accordance with the provisions of these By-Laws; shall have charge of the stock records of the Corporation; shall see that all reports, statements and other documents required by law are properly kept and filed; may sign, with any other proper officer of the Corporation thereunto authorized, certific ates for shares, securities or evidences of indebtedness of the Corporation; and, in general, shall perform all the duties incident to the office of the Secretary and such other duties as from time to time may be assigned to him by the Chairman of the Board or the Board.
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Section 8. Assistant Secretaries.
The Assistant Secretaries shall perform such duties as from time to time may be assigned to them by the Chairman of the Board, the President, the Secretary or the Board. At the request of the Secretary, or in case of his absence or inability to act, any Assistant Secretary may act in his place.Section 9. Compensation. The salaries of the Corporation's principal officers shall be fixed from time to time by the Board, after taking account of any recommendations by any committee to which the power to advise with respect to salaries is delegated by the Board. The Board may from time to time delegate to any principal officer or any committee power to fix the salaries of other officers, agents, factors and employees. No officer shall be prevented from receiving such salary by reason of the fact that he is also a director of the Corporation or a member of any committee contemplated by these By-Laws.
Section 10. Other Officers. The other officers of the Corporation shall perform such duties and shall exercise such powers as may be prescribed by the Board, or by the Chairman or the President acting under authority delegated them by the Board.
Section 11. Vacancies. Vacancies in office arising from any cause may be filled by action of the Board at any regular or special meeting of the Board.
Section 12. Removal of Officers. The Board may remove any officer from office at any time by a majority vote of the whole Board of Directors.
ARTICLE VI
CONTRACTS, CHECKS, BANK ACCOUNTS, ETC.
Section 1. Contracts, etc., How Executed. The Board may authorize any officer or officers or agent or agents to enter into any contract or execute and deliver any instrument in the name of and on behalf of the Corporation, and such authority may be general or confined to specific instances and if the Board so provides may be delegated by the person so authorized; and, unless so authorized by the Board or these By-Laws, no officer, agent or employee shall have any power or authority to bind the Corporation by any contract or engagement or to pledge its credit or to render it liable pecuniarily for any purpose or to any amount.
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Section 2. Loans.
No loan shall be contracted on behalf of the Corporation, and no negotiable paper shall be issued in its name, unless (i) authorized by the Board and the Certificate of Incorporation, and (ii) all necessary consents as are required under the Certificate of Incorporation have been obtained. When so authorized, the Chairman of the Board, the President or a Vice President or the Treasurer may effect loans and advances at any time for the Corporation from any bank, trust company or other institution or from any firm, corporation or individual, and for such loans and advances the Chairman of the Board, the President or a Vice President or the Treasurer shall make, execute and deliver, with the counter-signature, unless otherwise authorized by the Board of Directors including the affirmative vote of the Independent Director, of the Secreta ry or an Assistant Secretary, bonds, debentures, promissory notes or other evidences of indebtedness of the Corporation and, when authorized as aforesaid, as security for the payment of any and all loans, advances, indebtedness and liabilities of the Corporation, may mortgage, pledge, hypothecate or transfer any real or personal property at any time held by the Corporation and to that end execute and deliver instruments of mortgage or pledge or otherwise transfer such property. Any authority so granted by the Board may be general or confined to specific instances, and if the Board so provides, may be delegated by the person so authorized.Section 3. Checks, Drafts, etc. All checks, drafts or other orders for the payment of money, notes or other evidences of indebtedness issued in the name of the Corporation shall be signed by such officer or officers, or agent or agents, as shall from time to time be determined by resolution of the Board.
Section 4. Deposits. All funds of the Corporation not otherwise employed shall be deposited from time to time to the credit of the Corporation or otherwise as the Chairman of the Board, the President or any other officer or officers authorized by the Board shall direct in such banks, trust companies or other depositories as may be selected by the Chairman of the Board, the President or any other officer or officers or agents or agents to whom power in that respect shall have been delegated by the Board. For the purpose of deposit and for the purpose of collection for the account of the Corporation, checks, drafts and other orders for the payment of money which are payable to the order of the Corporation may be endorsed, assigned and delivered by such officer or officers or agent or agents as shall be determined by the Chairman of the Board, the President or any other officer or officers designated by the Board.
Section 5. General and Special Bank Accounts. The Board or the Chairman of the Board, the President or any other officer or officers designated by the Board may from time to time authorize the opening and keeping of general and special bank accounts with such banks, trust companies or other depositories as may be selected by the Board. The Board may make such special rules and regulations with respect to such bank accounts, not inconsistent with the provisions of these By-Laws, as it may deem expedient.
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ARTICLE VII
SHARES
Section 1. Certificates for Shares.
Every holder of shares shall be entitled to have a certificate, in such form as the Board shall prescribe, certifying the number and class of Corporation shares owned by him. Each such certificate shall be signed in the name of the Corporation by the Chairman or Vice Chairman of the Board, the President or a Vice President, and by the Treasurer or an Assistant Treasurer or the Secretary or an Assistant Secretary. The signature of any such officer may be a facsimile. In case any officer, transfer agent or registrar who has signed, or whose facsimile signature has been placed upon, any such certificate shall cease to be such officer, transfer agent or registrar, before such certificate shall have been issued by the Corporation, such certificate may nevertheless be issued by the Corporation with the same effect as if such person were such officer, transfer a gent or registrar at the date of issue. A record shall be kept of the respective names of the persons, firms or corporations owning the shares represented by certificates, respectively, and the respective dates thereof, and, in case of cancellation, the respective dates of cancellation. Every certificate surrendered to the Corporation for exchange or transfer shall be cancelled, and a new certificate or certificates shall not be issued in exchange for any existing certificates until such existing certificate shall have been so cancel led, except in cases otherwise provided for in this Article VII.Section 2. Transfer of Shares. Each transfer of Corporation shares shall be made only on the books of the Corporation by the registered holder thereof, or by his attorney thereunto authorized by power of attorney duly executed and filed with the Secretary of the Corporation, or with a transfer agent appointed as provided in this Article VII, upon the payment of any taxes thereon and the surrender of the certificate or certificates for such shares properly endorsed and in good delivery form. The person in whose name Corporation shares stand on the books of the Corporation shall be deemed the owner thereof for all purposes as regards the Corporation; provided that whenever any transfer of shares shall be made for collateral security and not absolutely, such fact, if known to the Corporation or to any such transfer agent, shall be so expressed in the entry of transfer if requested by both t he transferor and transferee.
Section 3. Regulations. The Board may make such rules and regulations as it may deem expedient, not inconsistent with these By-Laws, concerning the issue, transfer and registration of certificates for Corporation shares. It may appoint, or authorize the Chairman or President to appoint, one or more transfer agents and one or more registrars, and may require all certificates for shares of the Corporation to bear the signature or signatures of any such transfer agents or registrars.
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Section 4. Date for Determining Shareholders of Record.
(a) In order that the Corporation may determine the shareholders entitled to notice of or to vote at any meeting of shareholders or any adjournment thereof or entitled to receive payment of any dividend or other distribution or allotment of any rights, or entitled to exercise any rights in respect to any change, conversion or exchange of shares or for the purpose of any other lawful action, the Board may fix in advance, a record date, which record date shall not precede the date upon which the resolution fixing the record date is adopted, and which shall not be more than 60 nor less than 10 days before the date of such meeting. If no record date is fixed by the Board, the record date shall be at the close of business on the day next preceding the day on which notice is given, or, if notice is waived, at the close of business on the day next preceding the day on which the meeting is held. A determination of shareholders of record en titled to notice of or to vote at a meeting of shareholders shall apply to any adjournment of such meeting; provided, however, that the Board may fix a new record date for the adjourned meeting.
(b) If no record date has been fixed by the Board, the record date for determining shareholders entitled to consent to corporate action in writing without a meeting, when no prior action by the Board is required under the Delaware General Corporation Law, shall be the first date on which a signed written consent setting forth the action taken or proposed to be taken is delivered to the Corporation by delivery to its registered or principal office. Delivery to the Corporation's registered office shall be by hand or by certified or registered mail, return receipt requested.
Section 5. Lost, Destroyed and Mutilated Certificates. The holder of any Corporation shares or other securities shall immediately notify the Corporation of any loss, destruction or mutilation of the certificate(s) therefor, and the Board may, in its discretion, and after the expiration of such period of time as it may determine to be advisable, cause to be issued to him a new certificate or certificates for shares, upon the surrender of the mutilated certificate, or in case of loss or destruction of the certificate, upon proof satisfactory to the Board of such loss or destruction, and the Board or its delegee may, in its discretion, require the owner of the lost, destroyed or mutilated certificate, or his legal representatives, to give the Corporation a bond, in such sum and with such surety or sureties as it may direct, or to indemnify the Corporation against any claim that may be made against it on account of the alleged loss, destruction or mutilation of any such certificate or the issuance of such new certificate.
Section 6. Examination of Books by Shareholders or Bondholders. The Board shall, subject to any applicable statutes, have the power to determine, from time to time, whether and to what extent and at what times and places and under what conditions and regulations the accounts and books and documents of the Corporation, or any of them, shall be open to the inspection of the shareholders or bondholders; and no shareholder or bondholder shall have any right to inspect any account or book or document of the Corporation, except as conferred by any such statute, unless and until authorized so to do by resolution of the Board or of the shareholders of the Corporation.
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ARTICLE VIII
WAIVER OF NOTICE
Whenever any notice whatsoever is required to be given by these By-Laws or by statute, the person entitled thereto may in person, or in the case of a shareholder by his attorney thereunto duly authorized, waive such notice in writing (including, telegraph, cable, radio or wireless), whether before or after the meeting, or other matter in respect of which such notice is to be given, and in such event such notice, and any action to be taken after such notice or after the lapse of a prescribed period of time, may be taken without such notice and without the lapse of any period of time.
ARTICLE IX
BUSINESS COMBINATIONS
The Corporation expressly elects not to be governed by Section 203 of the Delaware General Corporation Law. Any "business combination" as defined in such Section 203 shall be governed by the Corporation's Certificate of Incorporation and by these By-Laws, without giving effect to said Section 203. This Article IX shall not be amended, altered or repealed except as provided by law, and by the Corporation's Certificate of Incorporation and these By-Laws.
ARTICLE X
SEAL
The seal of the Corporation shall be in the form of a circle and shall bear the word "Delaware", and may also bear the name of the Corporation and the year of its incorporation. It need not be affixed to contracts and other agreements to which the Corporation is a party for such contracts and agreements to be binding.
ARTICLE XI
FISCAL YEAR
The fiscal year of the Corporation shall end on December 31 of each year.
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ARTICLE XII
AMENDMENTS
These By-Laws (including, without limitation, this Article XII) may be altered, amended or repealed or new By-Laws may be adopted by (i) the Board solely in the manner prescribed in the Corporation's Certificate of Incorporation, or by (ii) the Corporation's shareholders only upon the favorable vote of a majority of the voting shares and only at an annual or special meeting of shareholders where the notice of such meeting specifically described such action and contains a copy of the proposed alteration, amendment, or new By-Laws. The foregoing notwithstanding, Sections 1, 2, 10, 12, 14, 15 and 16 of Article III and Section 2 of Article VI, and the last sentence of this Article XII may not be altered, amended or repealed without the unanimous vote of the Board of Directors, including the affirmative vote of the Independent Director.
/s/Jacquetta L. Hartman
Secretary
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Exhibit B-18
KLT INC.
BYLAWS
AS AMENDED SEPTEMBER 16, 2003
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KLT INC.
BYLAWS
ARTICLE I
Offices
Section 1. The Corporation, by resolution of its Board of Directors, may change the location of its registered office as designated in the articles of incorporation to any other place in Missouri. By like resolution, the registered agent at such registered office may be changed to any other person or corporation, including the Corporation. Upon adoption of such a resolution, a certificate certifying the change shall be executed, acknowledged and filed with the Secretary of State of Missouri.
Section 2. The Corporation also may have offices at such other places either within or without the State of Missouri as the Board of Directors may from time to time determine or the business of the Corporation may require.
ARTICLE II
Shareholders
Section 1. All meetings of shareholders shall be held at such place within or without the State of Missouri as may be selected by the Board of Directors, but if the Board of Directors shall fail to designate a place for said meeting to be held, then the same shall be held at the registered office of the Corporation.
Section 2. An annual meeting of the shareholders shall be held on the first Tuesday of May in each year, if not a legal holiday, and if a legal holiday, then on the next succeeding day not a legal holiday, for the purpose of electing directors of the Corporation and transacting such other business as may properly be brought before the meeting.
Section 3. Special meetings of the shareholders may be called by the Chairman of the Board, by the President, by the Board of Directors, or by the holders of not less than one-fifth of all outstanding shares entitled to vote at such meeting.
Section 4. Written or printed notice of each meeting of the shareholders, annual or special, shall be given in the manner provided in the corporation laws of the State of Missouri. In case of a call for any special meeting, the notice shall state the time, place and purpose of such meeting.
Any notice of a shareholders' meeting sent by mail shall be deemed to be delivered when deposited in the United States mail with postage thereon prepaid addressed to the shareholder at his address as it appears on the records of the Corporation.
Section 5. Meetings of the shareholders may be held without notice at any time and place, either within or without the State of Missouri, if all shareholders entitled to vote at any such meeting shall have waived notice thereof or shall be present in person or represented by proxy, and any action required to be taken by shareholders may be taken at any such meeting.
Section 6. At least ten days before each meeting of the shareholders, a complete list of the shareholders entitled to vote at such meeting, arranged in alphabetical order with the address of and the number of shares held by each, shall be prepared by the officer having charge of the transfer book for shares of the Corporation. Such list, for a period of ten days prior to such meeting, shall be kept on file at the registered office of the Corporation and shall be subject to inspection by any shareholder at any time during usual business hours. Such list shall also be produced and kept open at the time and place of the meeting and shall be subject to the inspection of any shareholder during the whole time of the meeting. The original share ledger or transfer book, or a duplicate thereof kept in the State of Missouri, shall be prima facie evidence as to who are the shareholders entitled to examine such list or share ledger or transfer book or to vote at any meeting of shareholders.
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Failure to comply with the requirements of this Section shall not affect the validity of any action taken at any such meeting.
Section 7. Each outstanding share entitled to vote under the provisions of the Articles of Incorporation of the Corporation shall be entitled to one vote on each matter submitted at a meeting of the shareholders. A shareholder may vote either in person or by proxy executed in writing by the shareholder or by his duly authorized attorney-in-fact. No proxy shall be valid after eleven months from the date of its execution, unless otherwise provided in the proxy.
In all elections for directors, each shareholder shall be entitled to one vote for each share owned by him or her, and each shareholder may cast the whole number of votes, either in person or by proxy, for one candidate, or distribute them among two or more candidates. There shall be no cumulative voting.
Section 8. At any meeting of shareholders, a majority of the outstanding shares entitled to vote represented in person or by proxy shall constitute a quorum for the transaction of business, except as otherwise provided by statute or by the Articles of Incorporation or by these Bylaws. The holders of a majority of the shares represented in person or by proxy and entitled to vote at any meeting of the shareholders shall have the right successively to adjourn the meeting to the same or a different location and to a specified date not longer than ninety days after any such adjournment, whether or not a quorum be present. The time and place to which any such adjournment is taken shall be publicly announced at the meeting, and no notice need be given of any such adjournment to shareholders not present at the meeting. At any such adjourned meeting at which a quorum shall be present, any business may b e transacted which might have been transacted at the meeting as originally called.
Section 9. Shares standing in the name of another corporation may be voted by such officer, agent, or proxy, as the bylaws of such corporation may prescribe, or in the absence of such provision, as the board of directors of such corporation may determine.
Section 10. The Chairman of the Board, or in his absence the President of the Corporation, shall convene all meetings of the shareholders and shall act as chairman thereof. The Board of Directors may appoint any other officer of the Corporation or shareholder to act as chairman of any meeting of the shareholders in the absence of the Chairman of the Board and the President.
The Secretary of the Corporation shall act as secretary of all meetings of shareholders. In the absence of the Secretary at any meeting of shareholders, the presiding officer may appoint any person to act as secretary of the meeting.
Section 11. Unless otherwise provided by statute or by the Articles of Incorporation, any action required to be taken by shareholders may be taken without a meeting if a consent in writing, setting forth the action so taken, shall be signed by all of the shareholders entitled to vote with respect to the subject matter thereof.
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ARTICLE III
Board of Directors
Section 1. The property, business and affairs of the Corporation shall be managed and controlled by a Board of Directors which may exercise all such powers of the Corporation and do all such lawful acts and things as are not by statute or by the Articles of Incorporation or by these Bylaws directed or required to be exercised or done by the shareholders.
Section 2. The Board of Directors shall consist of eleven directors who shall be elected at the annual meeting of the shareholders. Each director shall be elected to serve until the next annual meeting of the shareholders and until his successor shall be elected and qualified. Directors need not be shareholders.
Section 3. In case of the death or resignation of one or more of the directors of the Corporation, a majority of the remaining directors, though less than a quorum, may fill the vacancy or vacancies until the successor or successors are elected at a meeting of the shareholders. A director may resign at any time and the acceptance of his resignation shall not be required in order to make it effective.
Section 4. The Board of Directors may hold its meetings either within or without the State of Missouri at such place as shall be specified in the notice of such meeting, and members of the Board of Directors may participate in a meeting of the Board by means of conference telephone or similar conversations whereby all persons participating in the meeting can hear each other and participating in a meeting in this manner shall constitute presence in person at the meeting.
Section 5. Regular meetings of the Board of Directors shall be held at such time and place as the Board of Directors by resolution shall from time to time determine. The Secretary shall give at least three days' notice of the time and place of each such meeting to each director in the manner provided in Section 9 of this Article III. The notice need not specify the business to be transacted.
Section 6. Special meetings of the Board of Directors shall be held whenever called by the Chairman of the Board, the President or two members of the Board and shall be held at such place as shall be specified in the notice of such meeting. The Secretary shall give not less than three days' notice of the time, place and purpose of each such meeting to each director in the manner provided in Section 9 of this Article III.
Section 7. The act of the majority of the directors present at a meeting at which a quorum is present shall be the act of the Board of Directors.
Section 8. The Board of Directors, by the affirmative vote of a majority of directors, and irrespective of any personal interest of any of its members, shall have authority to establish reasonable compensation of all directors for services to the Corporation as directors, officers or otherwise. By resolution, the Board of Directors may be paid for expenses, if any, of attendance at each meeting of the Board.
Section 9. Whenever under the provisions of the statutes or of the Articles of Incorporation or of these Bylaws notice is required to be given to any director, it shall not be construed to require personal notice, but such notice may be given by telephone or by telegram addressed to such director at such address as appears on the books of the Corporation, or by hand delivery to the regular office of the director, or by mail by depositing the same in a post office or letter box in a postpaid, sealed wrapper addressed to such director at such address as appears on the books of the Corporation. Such notice shall be deemed to be given at the time when the same shall be thus telephoned, telegraphed, hand delivered or mailed.
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Attendance of a director at any meeting shall constitute a waiver of notice of such meeting except where a director attends a meeting for the express purpose of objecting to the transaction of any business because the meeting is not lawfully called or convened.
Section 10. The Board of Directors may by resolution provide for an Executive Committee of said Board, which shall serve at the pleasure of the Board of Directors and, during the intervals between the meetings of said Board, shall possess and may exercise any or all of the powers of the Board of Directors in the management of the business and affairs of the Corporation, except with respect to any matters which, by resolution of the Board of Directors, may from time to time be reserved for action by said Board.
Section 11. The Executive Committee, if established by the Board, shall consist of the President of the Corporation and two additional directors who shall be elected by the Board of Directors to serve at the pleasure of said Board until the first meeting of the Board of Directors following the next annual meeting of shareholders and until their successors shall have been elected. Vacancies in the Committee shall be filled by the Board of Directors.
Section 12. Meetings of the Executive Committee shall be held whenever called by the Chairman or by a majority of the members of the Committee, and shall be held at such time and place as shall be specified in the notice of such meeting and shall be subject to the provisions of Section 4 of this Article III. The Secretary shall give at least one day's notice of the time, place and purpose of each such meeting to each Committee member in the manner provided in Section 9 of this Article III, provided, that if the meeting is to be held outside of Kansas City, Missouri, at least three days' notice thereof shall be given.
Section 13. At all meetings of the Executive Committee, a majority of the Committee members shall constitute a quorum and the unanimous act of all the members of the Committee present at a meeting where a quorum is present shall be the act of the Executive Committee. All action by the Executive Committee shall be reported to the Board of Directors at its meeting next succeeding such action.
Section 14. The Board of Directors at the annual or any regular or special meeting of the directors shall, by resolution adopted by a majority of the whole Board, designate two or more directors to constitute an Audit Committee and appoint one of the directors so designated as the chairman of the Audit Committee. Membership on the Audit Committee shall be restricted to those directors who are independent of the management of the Corporation and are free from any relationship that, in the opinion of the Board, would interfere with the exercise of independent judgment as a member of the committee. Vacancies in the committee may be filled by the Board at any meeting thereof. Each member of the Audit Committee shall hold office until such committee member's resignation or removal from the Audit Committee by the Board, or until such committee member otherwise ceases to be a director. Any member of t he Audit Committee may be removed from the committee by resolution adopted by a majority of the whole Board. The compensation, if any, of members of the committee shall be established by resolution of the Board.
The Audit Committee shall be responsible for: recommending to the Board the appointment or discharge of independent auditors; reviewing with the management and the independent auditors the terms of engagement of independent auditors, including the fees, scope and timing of the audit and any other services rendered by the independent auditors; reviewing with the independent auditors and management the Corporation's policies and procedures with respect to internal auditing, accounting and financial controls; reviewing with the management the independent statements, audit results and reports and the recommendations made by any of the auditors with respect to changes in accounting procedures and internal accounting controls; and performing any other duties or functions deemed appropriate by the Board. The Audit Committee shall have the powers and rights necessary or desirable to fulfill these responsibilities, including the po wer and right to consult with legal counsel and to rely upon the opinion of legal counsel. The Audit Committee is authorized to communicate directly with the Corporation's financial officers and employees, internal auditors and independent auditors as it deems desirable and to have the internal auditors or independent auditors perform any additional procedures as it deems appropriate.
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All actions of the Audit Committee shall be reported to the Board at the next meeting of the Board. The minute books of the Audit Committee shall at all times be open to the inspection of any director.
The Audit Committee shall meet at the call of its chairman or of any two members of the Audit Committee (or if there shall be only one other member, then at the call of that member). A majority of the Audit Committee shall constitute a quorum for the transaction of business (or if there shall only be two members, then both must be present), and the act of a majority of those present at any meeting at which a quorum is present (or if there shall be only two members, then they must act unanimously) shall constitute the act of the Audit Committee.
Section 15. The Board of Directors at the annual or any regular or special meeting shall, by resolution adopted by a majority of the whole Board, designate two or more directors to constitute a Compensation Committee. Membership on the Compensation Committee shall be restricted to disinterested persons which for this purpose shall mean any director who, during the time such director is a member of the Compensation Committee is not eligible, and has not at any time within one year prior thereto been eligible, for selection to participate (other than in a manner as to which the Compensation Committee has no discretion) in any of the compensation plans administered by the Compensation Committee. Vacancies in the committee may be filled by the Board at any meeting. Each member of the committee shall hold office until such committee member's successor has been duly elected and qualified, or until su ch committee member's resignation or removal from the Compensation Committee by the Board, or until such committee member otherwise ceases to be a director or a disinterested person. Any member of the Compensation Committee may be removed by resolution adopted by a majority of the whole Board. The compensation, if any, of the members of the Compensation Committee shall be established by resolution of the Board.
The Compensation Committee shall, from time to time, recommend to the Board the compensation and benefits of the executive officers of the Corporation. The Compensation Committee shall have the power and authority vested in the Board by any benefit, incentive or other plan of the Corporation. The Compensation Committee shall also make recommendations to the Board with regard to the compensation of the Board and its committees, with the exception of the Compensation Committee.
All actions of the Compensation Committee shall be reported to the Board at the next meeting of the Board. The minute books of the Compensation Committee shall at all times be open to the inspection of any director.
The Compensation Committee shall meet at the call of the chairman of the Compensation Committee or of any two members of the Compensation Committee (or if there shall be only one other member, then at the call of that member). A majority of the Compensation Committee shall constitute a quorum for the transaction of business (or if there shall be only two members, then both must be present), and the act of a majority of those present at any meeting at which a quorum is present (or if there shall be only two members, then they must act unanimously) shall be the act of the Compensation Committee.
Section 16. The Board of Directors, by resolution adopted by a majority of the whole Board, may designate one or more additional directors as alternate members of any committee to replace any absent or disqualified member at any meeting of that committee, and at any time may change the membership of any committee or amend or rescind the resolution designating the committee. In the absence or disqualification of a member or alternate member of a committee, the member or members thereof present at any meeting and not disqualified from voting, whether or not the member or members constitute a quorum, may unanimously appoint another director to act at the meeting in the place of any such absent or disqualified member, provided that the director so appointed meets any qualifications stated in these Bylaws or the resolution designating the committee or any amendment thereto.
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Section 17. Unless otherwise provided in these Bylaws or in the resolution designating any committee, any committee may fix its rules or procedures, fix the time and place of its meetings and specify what notice of meetings, if any, shall be given.
Section 18. If all the directors severally or collectively shall consent in writing to any action to be taken by the directors, such consents shall have the same force and effect as a unanimous vote of the directors at a meeting duly held. The Secretary shall file such consents with the minutes of the meetings of the Board of Directors.
ARTICLE IV
Officers
Section 1. The officers of the Corporation may include a Chairman of the Board, a President, one or more Vice Presidents, a Secretary, and a Treasurer, all of whom shall be appointed by the Board of Directors. Any one person may hold two or more offices except that the offices of President and Secretary may not be held by the same person.
Section 2. The officers shall be elected annually by the Board of Directors at its first regularly held meeting each year.
Section 3. The Board of Directors may from time to time appoint such other officers as it shall deem necessary or expedient, who shall hold their offices for such terms and shall exercise such powers and perform such duties as the Board of Directors or the President may from time to time determine.
Section 4. The officers of the Corporation shall hold office until their successors shall be chosen and shall qualify. Any officer appointed by the Board of Directors may be removed at any time by the affirmative vote of a majority of the whole Board. If the office of any officer becomes vacant for any reason, or if any new office shall be created, the vacancy may be filled by the Board of Directors.
Section 5. The salaries, if any, of all officers of the Corporation shall be fixed by the Board of Directors.
ARTICLE V
Powers and Duties of Officers
Section 1. The Chairman of the Board shall be the principal executive officer of the Corporation. He/she shall preside at all meetings of the shareholders and at all meetings of the Board of Directors, and shall perform such other duties as the Board of Directors shall from time to time prescribe.
Section 2. The President shall have general and active management of, and exercise general supervision of, the business and affairs of the Corporation, subject, however, to the right of the Board of Directors to delegate any specific power to any other officer or officers of the Corporation, and shall see that all orders and resolutions of the Board of Directors are carried into effect. He/she may sign with the Secretary of the Corporation stock certificates, deeds, mortgages, bonds, contracts or other instruments; and in general shall perform all duties incident to the office of president and such other duties as may be prescribed by the Board of Directors from time to time. In the absence of the Chairman of the Board, or if the office of Chairman of the Board be vacant, the President shall preside at all meetings of the shareholders and at all meetings of the Board of Directors.
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Section 3. In the absence of the President or in the event of his/her inability or refusal to act, the Vice President (or in the event there be more than one vice president, the vice presidents in the order designated, or in the absence of any designation, then in the order of election) shall perform the duties of the President and when so acting, shall have the powers of the President, and shall perform such other duties as from time to time may be assigned to him/her by the President or by the Board of Directors.
Section 4. The Secretary shall attend all meetings of the shareholders, the Board of Directors and the Executive Committee, if any, and shall keep the minutes of such meetings. He/she shall give, or cause to be given, notice of all meetings of the shareholders, the Board of Directors and the Executive Committee, if any, and shall perform such other duties as may be prescribed by the Board of Directors or President.
The Secretary shall keep the corporate books and records, prepare the necessary reports to the State and to the directors. He/she shall in all respects perform those usual and customary duties which such officer performs in business corporations.
Section 5. The Treasurer shall have the custody of all moneys and securities of the Corporation. He/she is authorized to collect and receive all moneys due the Corporation and to receipt therefor, and to endorse in the name of the Corporation and on its behalf, when necessary or proper, all checks, drafts, vouchers or other instruments for the payment of money to the Corporation and to deposit the same to the credit of the Corporation in such depositaries as may be designated by the Board of Directors. He/she is authorized to pay interest on obligations and dividends on stocks of the Corporation when due and payable. He/she shall, when necessary or proper, disburse the funds of the Corporation, taking proper vouchers for such disbursements. He/she shall render to the Board of Directors and the President, whenever they may require it, an account of all transactions as Treasurer and of the financ ial condition of the Corporation. He/she shall perform such other duties as may be prescribed by the Board of Directors or the President.
Section 6. Unless otherwise ordered by the Board of Directors, the Chairman of the Board, the President or any Vice President of the Corporation (a) shall have full power and authority to attend and to act and vote, in the name and on behalf of this Corporation, at any meeting of shareholders of any corporation in which this Corporation may hold stock, and at any such meeting shall possess and may exercise any and all of the rights and powers incident to the ownership of such stock, and (b) shall have full power and authority to execute, in the name and on behalf of this Corporation, proxies authorizing any suitable person or persons to act and to vote at any meeting of shareholders of any corporation in which this Corporation may hold stock, and at any such meeting the person or persons so designated shall possess and may exercise any and all of the rights and powers incident to the ownership of such stock.
ARTICLE VI
Certificates of Stock
Section 1. The Board of Directors shall provide for the issue, transfer and registration of the certificates representing the shares of capital stock of the Corporation, and shall appoint the necessary officers, transfer agents and registrars for that purpose.
Section 2. Until otherwise ordered by the Board of Directors, stock certificates shall be signed by the Chairman of the Board, the President or a Vice President and by the Secretary. In case any officer or officers who shall have signed, or whose facsimile signature or signatures shall have been used on, any stock certificate or certificates shall cease to be such officer or officers of the Corporation, whether because of death, resignation or otherwise, before such certificate or certificates shall have been delivered by the Corporation, such certificate or certificates may nevertheless be issued by the Corporation with the same effect as if the person or persons who signed such certificate or certificates or whose facsimile signature or signatures shall have been used thereon had not ceased to be such officer or officers of the Corporation.
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Section 3. Transfers of stock shall be made on the books of the Corporation only by the person in whose name such stock is registered or by his attorney lawfully constituted in writing, and unless otherwise authorized by the Board of Directors, only on surrender and cancellation of the certificate transferred. No stock certificate shall be issued to a transferee until the transfer has been made on the books of the Corporation. The person in whose name shares stand on the books of the Corporation shall be deemed the owner thereof for all purposes as regards the Corporation.
ARTICLE VII
Dividends
Dividends may be declared at such times as the Board of Directors shall determine from the net earnings, or earned surplus, in accordance with law. Stock dividends may be declared if justified and provided capital is not impaired by such action.
ARTICLE VIII
Fiscal Year
Section 1. The fiscal year of the Corporation shall be the calendar year.
Section 2. As soon as practicable after the close of each fiscal year, the Board of Directors shall cause a report of the business and affairs of the Corporation to be made to the shareholders.
ARTICLE IX
Waiver of Notice
Whenever by statute or by the Articles of Incorporation or by these Bylaws any notice whatever is required to be given, a waiver thereof in writing signed by the person or persons entitled to such notice, whether before or after the time stated therein, shall be deemed equivalent to the giving of such notice.
ARTICLE X
Indemnification by the Corporation
The Corporation shall indemnify to the full extent authorized or permitted by The General and Business Corporation Law of Missouri, as now in effect or as hereafter amended, any person made or threatened to be made, a party to any threatened, pending or completed action, suit or proceeding (whether civil, criminal, administrative or investigative, including an action by or in the right of the Corporation) by reason of the fact that he is or was a director, officer, employee or agent of the Corporation or serves any other enterprises as such at the request of the Corporation.
The foregoing right of indemnification shall be deemed exclusive of any other rights to which such persons may be entitled apart from this Article X. The foregoing right of indemnification shall continue as to a person who has ceased to be a director, officer, employee or agent and shall inure to the benefit of the heirs, executors and administrators of such a person.
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ARTICLE XI
Amendments
The Board of Directors may make, alter, amend or repeal Bylaws of the Corporation by a majority vote of the whole Board of Directors at any regular meeting of the Board or at any special meeting of the Board if notice thereof has been given in the notice of such special meeting. Nothing in this Article shall be construed to limit the power of the shareholders to make, alter, amend or repeal Bylaws of the Corporation at any annual or special meeting of shareholders by a majority vote of the shareholders present and entitled to vote at such meeting, provided a quorum is present.
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Exhibit B-20
KLT INVESTMENTS INC.
AMENDED AND RESTATED
BYLAWS
OCTOBER 31, 2003
KLT INVESTMENTS INC.
AMENDED AND RESTATED
BYLAWS
ARTICLE I
Offices
Section 1. The Corporation, by resolution of its shareholders, may change the location of its registered office as designated in the articles of incorporation to any other place in Missouri. By like resolution, the registered agent at such registered office may be changed to any other person or corporation, including the Corporation. Upon adoption of such a resolution, a certificate certifying the change shall be executed, acknowledged and filed with the Secretary of State of Missouri.
Section 2. The Corporation also may have offices at such other places either within or without the State of Missouri as the shareholders may from time to time determine or the business of the Corporation may require.
ARTICLE II
Shareholders
Section 1. All meetings of shareholders shall be held at such place within or without the State of Missouri as may be selected by the shareholders, but if the shareholders shall fail to designate a place for said meeting to be held, then the same shall be held at the registered office of the Corporation.
Section 2. An annual meeting of the shareholders shall be held on the second Tuesday of April in each year, if not a legal holiday, and if a legal holiday, then on the next succeeding day not a legal holiday, for the purpose of electing directors of the Corporation and transacting such other business as may properly be brought before the meeting.
Section 3. Special meetings of the shareholders may be called by the President or by the holders of not less than one-fifth of all outstanding shares entitled to vote at such meeting.
Section 4. Written or printed notice of each meeting of the shareholders, annual or special, shall be given in the manner provided in the corporation laws of the State of Missouri. In case of a call for any special meeting, the notice shall state the time, place and purpose of such meeting.
Any notice of a shareholders' meeting sent by mail shall be deemed to be delivered when deposited in the United States mail with postage thereon prepaid addressed to the shareholder at his address as it appears on the records of the Corporation.
Section 5. Meetings of the shareholders may be held without notice at any time and place, either within or without the State of Missouri, if all shareholders entitled to vote at any such meeting shall have waived notice thereof or shall be present in person or represented by proxy, and any action required to be taken by shareholders may be taken at any such meeting.
Section 6. At least ten days before each meeting of the shareholders, a complete list of the shareholders entitled to vote at such meeting, arranged in alphabetical order with the address of and the number of shares held by each, shall be prepared by the officer having charge of the transfer book for shares of the Corporation. Such list, for a period of ten days prior to such meeting, shall be kept on file at the registered office of the Corporation and shall be subject to inspection by any shareholder at any time during usual business hours. Such list shall also be produced and kept open at the time and place of the meeting and shall be subject to the inspection of any shareholder during the whole time of the meeting. The original share ledger or transfer book, or a duplicate thereof kept in the State of Missouri, shall be prima facie evidence as to who are the shareholders entitled to examine such list or share ledger or transfer book or to vote at an y meeting of shareholders.
Failure to comply with the requirements of this Section shall not affect the validity of any action taken at any such meeting.
Section 7. Each outstanding share entitled to vote under the provisions of the Certificate of Incorporation of the Corporation shall be entitled to one vote on each matter submitted at a meeting of the shareholders. A shareholder may vote either in person or by proxy executed in writing by the shareholder or by his duly authorized attorney-in-fact. No proxy shall be valid after eleven months from the date of its execution, unless otherwise provided in the proxy.
Section 8. At any meeting of shareholders, a majority of the outstanding shares entitled to vote represented in person or by proxy shall constitute a quorum for the transaction of business, except as otherwise provided by statute or by the Certificate of Incorporation or by these Bylaws. The holders of a majority of the shares represented in person or by proxy and entitled to vote at any meeting of the shareholders shall have the right successively to adjourn the meeting to the same or a different location and to a specified date not longer than ninety days after any such adjournment, whether or not a quorum be present. The time and place to which any such adjournment is taken shall be publicly announced at the meeting, and no notice need be given of any such adjournment to shareholders not present at the meeting. At any such adjourned meeting at which a quorum shall be present, any business may be transacted which might have been transacted at the meet ing as originally called.
Section 9. Shares standing in the name of another corporation may be voted by such officer, agent, or proxy, as the bylaws of such corporation may prescribe, or in the absence of such provision, as the shareholders of such corporation may determine.
Section 10. The President of the Corporation shall convene all meetings of the shareholders and shall act as chairman thereof. The Shareholders may appoint any other officer of the Corporation or shareholder to act as chairman of any meeting of the shareholders in the absence of the President.
The Secretary of the Corporation shall act as secretary of all meetings of shareholders. In the absence of the Secretary at any meeting of shareholders, the presiding officer may appoint any person to act as secretary of the meeting.
Section 11. Unless otherwise provided by statute or by the Certificate of Incorporation, any action required to be taken by shareholders may be taken without a meeting if a consent in writing, setting forth the action so taken, shall be signed by all of the shareholders entitled to vote with respect to the subject matter thereof.
ARTICLE III
Board of Directors
Section 1. Pursuant to Section 351.805, RSMo, the Articles of Incorporation of the Corporation provide that the Corporation shall operate without a board of directors.
Section 2. All corporate powers shall be exercised by or under the authority of, and the business and affairs of the Corporation managed under the direction of, the shareholders.
Section 3. Unless the Articles of Incorporation provide otherwise, action requiring director approval or both director and shareholder approval is authorized if approved by the shareholders, and action requiring a majority or greater percentage vote of the board of directors is authorized if approved by the majority or greater percentage of the votes of shareholders entitled to vote on the action.
Section 4. A requirement by a state of the United States that a document delivered for filing contained a statement that specified action has been taken by the board of directors is satisfied by a statement that the Corporation is a statutory close corporation without a board of directors and that the action was approved by the shareholders.
Section 5. The shareholders by resolution may appoint one or more shareholders to sign documents as "designated directors".
Section 6. A shareholder is not liable for his act or omission, although a director would be, unless the shareholder was entitled to vote on the action.
ARTICLE IV
Officers
Section 1. The officers of the Corporation may include a President, one or more Vice Presidents, a Secretary, and a Treasurer, all of whom shall be appointed by the shareholders. Any one person may hold two or more offices except that the offices of President and Secretary may not be held by the same person.
Section 2. The officers shall be elected annually by the shareholders. The office of the Vice President may or may not be filled as may be deemed advisable by the shareholders.
Section 3. The shareholders may from time to time appoint such other officers as they shall deem necessary or expedient, who shall hold their offices for such terms and shall exercise such powers and perform such duties as the shareholders or the President may from time to time determine.
Section 4. The officers of the Corporation shall hold office until their successors shall be chosen and shall qualify. Any officer appointed by the shareholders may be removed at any time by the affirmative vote of the shareholders. If the office of any officer becomes vacant for any reason, or if any new office shall be created, the vacancy may be filled by the shareholders.
Section 5. The salaries, if any, of all officers of the Corporation shall be fixed by the shareholders.
ARTICLE V
Powers and Duties of Officers
Section 1. The President shall be the principal executive officer of the Corporation. He/she shall preside at all meetings of the shareholders and shall perform such other duties as the shareholders shall from time to time prescribe.
Section 2. The President shall have general and active management of, and exercise general supervision of, the business and affairs of the Corporation, subject, however, to the right of the shareholders to delegate any specific power to any other officer or officers of the Corporation, and shall see that all orders and resolutions of the shareholders are carried into effect. He/she may sign with the Secretary of the Corporation stock certificates, deeds, mortgages, bonds, contracts or other instruments; and in general shall perform all duties incident to the office of president and such other duties as may be prescribed by the shareholders from time to time.
Section 3. In the absence of the President or in the event of his/her inability or refusal to act, the Vice President (or in the event there be more than one vice president, the vice presidents in the order designated, or in the absence of any designation, then in the order of election) shall perform the duties of the President and when so acting, shall have the powers of the President, and shall perform such other duties as from time to time may be assigned to him/her by the President or by the shareholders.
Section 4. The Secretary shall attend all meetings of the shareholders and shall keep the minutes of such meetings. He/she shall give, or cause to be given, notice of all meetings of the shareholders, and shall perform such other duties as may be prescribed by the shareholders or President.
The Secretary shall keep the corporate books and records, prepare the necessary reports to the State and to the shareholders. He/she shall in all respects perform those usual and customary duties which such officer performs in business corporations.
Section 5. The Treasurer shall have the custody of all moneys and securities of the Corporation. He/she is authorized to collect and receive all moneys due the Corporation and to receipt therefor, and to endorse in the name of the Corporation and on its behalf, when necessary or proper, all checks, drafts, vouchers or other instruments for the payment of money to the Corporation and to deposit the same to the credit of the Corporation in such depositaries as may be designated by the shareholders. He/she is authorized to pay interest on obligations and dividends on stocks of the Corporation when due and payable. He/she shall, when necessary or proper, disburse the funds of the Corporation, taking proper vouchers for such disbursements. He/she shall render to the shareholders and the President, whenever they may require it, an account of all transactions as Treasurer and of the financial condition of the Corporation. He/she shall perform such other duties as may be prescribed by the shareholders or the President.
Section 6. Unless otherwise ordered by the shareholders, the President or any Vice President of the Corporation (a) shall have full power and authority to attend and to act and vote, in the name and on behalf of this Corporation, at any meeting of shareholders of any corporation in which this Corporation may hold stock, and at any such meeting shall possess and may exercise any and all of the rights and powers incident to the ownership of such stock, and (b) shall have full power and authority to execute, in the name and on behalf of this Corporation, proxies authorizing any suitable person or persons to act and to vote at any meeting of shareholders of any corporation in which this Corporation may hold stock, and at any such meeting the person or persons so designated shall possess and may exercise any and all of the rights and powers incident to the ownership of such stock.
ARTICLE VI
Certificates of Stock
Section 1. The shareholders shall provide for the issue, transfer and registration of the certificates representing the shares of capital stock of the Corporation, and shall appoint the necessary officers, transfer agents and registrars for that purpose.
Section 2. Until otherwise ordered by the shareholders, stock certificates shall be signed by the President or a Vice President and by the Secretary. In case any officer or officers who shall have signed, or whose facsimile signature or signatures shall have been used on, any stock certificate or certificates shall cease to be such officer or officers of the Corporation, whether because of death, resignation or otherwise, before such certificate or certificates shall have been delivered by the Corporation, such certificate or certificates may nevertheless be issued by the Corporation with the same effect as if the person or persons who signed such certificate or certificates or whose facsimile signature or signatures shall have been used thereon had not ceased to be such officer or officers of the Corporation.
Section 3. Transfers of stock shall be made on the books of the Corporation only by the person in whose name such stock is registered or by his attorney lawfully constituted in writing, and unless otherwise authorized by the shareholders, only on surrender and cancellation of the certificate transferred. No stock certificate shall be issued to a transferee until the transfer has been made on the books of the Corporation. The person in whose name shares stand on the books of the Corporation shall be deemed the owner thereof for all purposes as regards the Corporation.
ARTICLE VII
Dividends
Dividends may be declared at such times as the shareholders shall determine from the net earnings, or earned surplus, in accordance with law. Stock dividends may be declared if justified and provided capital is not impaired by such action.
ARTICLE VIII
Fiscal Year
Section 1. The fiscal year of the Corporation shall be the calendar year.
ARTICLE IX
Waiver of Notice
Whenever by statute or by the Certificate of Incorporation or by these Bylaws any notice whatever is required to be given, a waiver thereof in writing signed by the person or persons entitled to such notice, whether before or after the time stated therein, shall be deemed equivalent to the giving of such notice.
ARTICLE X
Indemnification by the Corporation
The Corporation shall indemnify to the full extent authorized or permitted by The General and Business Corporation Law of Missouri, as now in effect or as hereafter amended, any person made or threatened to be made, a party to any threatened, pending or completed action, suit or proceeding (whether civil, criminal, administrative or investigative, including an action by or in the right of the Corporation) by reason of the fact that he/she is or was a shareholder, officer, employee or agent of the Corporation or serves any other enterprises as such at the request of the Corporation.
The foregoing right of indemnification shall be deemed exclusive of any other rights to which such persons may be entitled apart from this Article X. The foregoing right of indemnification shall continue as to a person who has ceased to be a shareholder, officer, employee or agent and shall inure to the benefit of the heirs, executors and administrators of such a person.
ARTICLE XI
Amendments
The shareholders may make, alter, amend or repeal Bylaws of the Corporation at any annual or special meeting of shareholders by a majority vote of the shareholders present and entitled to vote at such meeting, provided a quorum is present.
Exhibit B-22
KLT INVESTMENTS II INC.
AMENDED AND RESTATED
BYLAWS
ARTICLE I
Offices
Section 1. The Corporation, by resolution of its shareholders, may change the location of its registered office as designated in the articles of incorporation to any other place in Missouri. By like resolution, the registered agent at such registered office may be changed to any other person or corporation, including the Corporation. Upon adoption of such a resolution, a certificate certifying the change shall be executed, acknowledged and filed with the Secretary of State of Missouri.
Section 2. The Corporation also may have offices at such other places either within or without the State of Missouri as the shareholders may from time to time determine or the business of the Corporation may require.
ARTICLE II
Shareholders
Section 1. All meetings of shareholders shall be held at such place within or without the State of Missouri as may be selected by the shareholders, but if the shareholders shall fail to designate a place for said meeting to be held, then the same shall be held at the registered office of the Corporation.
Section 2. An annual meeting of the shareholders shall be held on the second Tuesday of April in each year, if not a legal holiday, and if a legal holiday, then on the next succeeding day not a legal holiday, for the purpose of electing directors of the Corporation and transacting such other business as may properly be brought before the meeting.
Section 3. Special meetings of the shareholders may be called by the President or by the holders of not less than one-fifth of all outstanding shares entitled to vote at such meeting.
Section 4. Written or printed notice of each meeting of the shareholders, annual or special, shall be given in the manner provided in the corporation laws of the State of Missouri. In case of a call for any special meeting, the notice shall state the time, place and purpose of such meeting.
Any notice of a shareholders' meeting sent by mail shall be deemed to be delivered when deposited in the United States mail with postage thereon prepaid addressed to the shareholder at his address as it appears on the records of the Corporation.
Section 5. Meetings of the shareholders may be held without notice at any time and place, either within or without the State of Missouri, if all shareholders entitled to vote at any such meeting shall have waived notice thereof or shall be present in person or represented by proxy, and any action required to be taken by shareholders may be taken at any such meeting.
Section 6. At least ten days before each meeting of the shareholders, a complete list of the shareholders entitled to vote at such meeting, arranged in alphabetical order with the address of and the number of shares held by each, shall be prepared by the officer having charge of the transfer book for shares of the Corporation. Such list, for a period of ten days prior to such meeting, shall be kept on file at the registered office of the Corporation and shall be subject to inspection by any shareholder at any time during usual business hours. Such list shall also be produced and kept open at the time and place of the meeting and shall be subject to the inspection of any shareholder during the whole time of the meeting. The original share ledger or transfer book, or a duplicate thereof kept in the State of Missouri, shall be prima facie evidence as to who are the shareholders entitled to examine such list or share ledger or transfer book or to vote at an y meeting of shareholders.
Failure to comply with the requirements of this Section shall not affect the validity of any action taken at any such meeting.
Section 7. Each outstanding share entitled to vote under the provisions of the Certificate of Incorporation of the Corporation shall be entitled to one vote on each matter submitted at a meeting of the shareholders. A shareholder may vote either in person or by proxy executed in writing by the shareholder or by his duly authorized attorney-in-fact. No proxy shall be valid after eleven months from the date of its execution, unless otherwise provided in the proxy.
Section 8. At any meeting of shareholders, a majority of the outstanding shares entitled to vote represented in person or by proxy shall constitute a quorum for the transaction of business, except as otherwise provided by statute or by the Certificate of Incorporation or by these Bylaws. The holders of a majority of the shares represented in person or by proxy and entitled to vote at any meeting of the shareholders shall have the right successively to adjourn the meeting to the same or a different location and to a specified date not longer than ninety days after any such adjournment, whether or not a quorum be present. The time and place to which any such adjournment is taken shall be publicly announced at the meeting, and no notice need be given of any such adjournment to shareholders not present at the meeting. At any such adjourned meeting at which a quorum shall be present, any business may be transacted which might have been transacted at the meet ing as originally called.
Section 9. Shares standing in the name of another corporation may be voted by such officer, agent, or proxy, as the bylaws of such corporation may prescribe, or in the absence of such provision, as the shareholders of such corporation may determine.
Section 10. The President of the Corporation shall convene all meetings of the shareholders and shall act as chairman thereof. The Shareholders may appoint any other officer of the Corporation or shareholder to act as chairman of any meeting of the shareholders in the absence of the President.
The Secretary of the Corporation shall act as secretary of all meetings of shareholders. In the absence of the Secretary at any meeting of shareholders, the presiding officer may appoint any person to act as secretary of the meeting.
Section 11. Unless otherwise provided by statute or by the Certificate of Incorporation, any action required to be taken by shareholders may be taken without a meeting if a consent in writing, setting forth the action so taken, shall be signed by all of the shareholders entitled to vote with respect to the subject matter thereof.
ARTICLE III
Board of Directors
Section 1. Pursuant to Section 351.805, RSMo, the Articles of Incorporation of the Corporation provide that the Corporation shall operate without a board of directors.
Section 2. All corporate powers shall be exercised by or under the authority of, and the business and affairs of the Corporation managed under the direction of, the shareholders.
Section 3. Unless the Articles of Incorporation provide otherwise, action requiring director approval or both director and shareholder approval is authorized if approved by the shareholders, and action requiring a majority or greater percentage vote of the board of directors is authorized if approved by the majority or greater percentage of the votes of shareholders entitled to vote on the action.
Section 4. A requirement by a state of the United States that a document delivered for filing contained a statement that specified action has been taken by the board of directors is satisfied by a statement that the Corporation is a statutory close corporation without a board of directors and that the action was approved by the shareholders.
Section 5. The shareholders by resolution may appoint one or more shareholders to sign documents as "designated directors".
Section 6. A shareholder is not liable for his act or omission, although a director would be, unless the shareholder was entitled to vote on the action.
ARTICLE IV
Officers
Section 1. The officers of the Corporation may include a President, one or more Vice Presidents, a Secretary, and a Treasurer, all of whom shall be appointed by the shareholders. Any one person may hold two or more offices except that the offices of President and Secretary may not be held by the same person.
Section 2. The officers shall be elected annually by the shareholders. The office of the Vice President may or may not be filled as may be deemed advisable by the shareholders.
Section 3. The shareholders may from time to time appoint such other officers as they shall deem necessary or expedient, who shall hold their offices for such terms and shall exercise such powers and perform such duties as the shareholders or the President may from time to time determine.
Section 4. The officers of the Corporation shall hold office until their successors shall be chosen and shall qualify. Any officer appointed by the shareholders may be removed at any time by the affirmative vote of the shareholders. If the office of any officer becomes vacant for any reason, or if any new office shall be created, the vacancy may be filled by the shareholders.
Section 5. The salaries, if any, of all officers of the Corporation shall be fixed by the shareholders.
ARTICLE V
Powers and Duties of Officers
Section 1. The President shall be the principal executive officer of the Corporation. He/she shall preside at all meetings of the shareholders and shall perform such other duties as the shareholders shall from time to time prescribe.
Section 2. The President shall have general and active management of, and exercise general supervision of, the business and affairs of the Corporation, subject, however, to the right of the shareholders to delegate any specific power to any other officer or officers of the Corporation, and shall see that all orders and resolutions of the shareholders are carried into effect. He/she may sign with the Secretary of the Corporation stock certificates, deeds, mortgages, bonds, contracts or other instruments; and in general shall perform all duties incident to the office of president and such other duties as may be prescribed by the shareholders from time to time.
Section 3. In the absence of the President or in the event of his/her inability or refusal to act, the Vice President (or in the event there be more than one vice president, the vice presidents in the order designated, or in the absence of any designation, then in the order of election) shall perform the duties of the President and when so acting, shall have the powers of the President, and shall perform such other duties as from time to time may be assigned to him/her by the President or by the shareholders.
Section 4. The Secretary shall attend all meetings of the shareholders and shall keep the minutes of such meetings. He/she shall give, or cause to be given, notice of all meetings of the shareholders, and shall perform such other duties as may be prescribed by the shareholders or President.
The Secretary shall keep the corporate books and records, prepare the necessary reports to the State and to the shareholders. He/she shall in all respects perform those usual and customary duties which such officer performs in business corporations.
Section 5. The Treasurer shall have the custody of all moneys and securities of the Corporation. He/she is authorized to collect and receive all moneys due the Corporation and to receipt therefor, and to endorse in the name of the Corporation and on its behalf, when necessary or proper, all checks, drafts, vouchers or other instruments for the payment of money to the Corporation and to deposit the same to the credit of the Corporation in such depositaries as may be designated by the shareholders. He/she is authorized to pay interest on obligations and dividends on stocks of the Corporation when due and payable. He/she shall, when necessary or proper, disburse the funds of the Corporation, taking proper vouchers for such disbursements. He/she shall render to the shareholders and the President, whenever they may require it, an account of all transactions as Treasurer and of the financial condition of the Corporation. He/she shall perform such other duties as may be prescribed by the shareholders or the President.
Section 6. Unless otherwise ordered by the shareholders, the President or any Vice President of the Corporation (a) shall have full power and authority to attend and to act and vote, in the name and on behalf of this Corporation, at any meeting of shareholders of any corporation in which this Corporation may hold stock, and at any such meeting shall possess and may exercise any and all of the rights and powers incident to the ownership of such stock, and (b) shall have full power and authority to execute, in the name and on behalf of this Corporation, proxies authorizing any suitable person or persons to act and to vote at any meeting of shareholders of any corporation in which this Corporation may hold stock, and at any such meeting the person or persons so designated shall possess and may exercise any and all of the rights and powers incident to the ownership of such stock.
ARTICLE VI
Certificates of Stock
Section 1. The shareholders shall provide for the issue, transfer and registration of the certificates representing the shares of capital stock of the Corporation, and shall appoint the necessary officers, transfer agents and registrars for that purpose.
Section 2. Until otherwise ordered by the shareholders, stock certificates shall be signed by the President or a Vice President and by the Secretary. In case any officer or officers who shall have signed, or whose facsimile signature or signatures shall have been used on, any stock certificate or certificates shall cease to be such officer or officers of the Corporation, whether because of death, resignation or otherwise, before such certificate or certificates shall have been delivered by the Corporation, such certificate or certificates may nevertheless be issued by the Corporation with the same effect as if the person or persons who signed such certificate or certificates or whose facsimile signature or signatures shall have been used thereon had not ceased to be such officer or officers of the Corporation.
Section 3. Transfers of stock shall be made on the books of the Corporation only by the person in whose name such stock is registered or by his attorney lawfully constituted in writing, and unless otherwise authorized by the shareholders, only on surrender and cancellation of the certificate transferred. No stock certificate shall be issued to a transferee until the transfer has been made on the books of the Corporation. The person in whose name shares stand on the books of the Corporation shall be deemed the owner thereof for all purposes as regards the Corporation.
ARTICLE VII
Dividends
Dividends may be declared at such times as the shareholders shall determine from the net earnings, or earned surplus, in accordance with law. Stock dividends may be declared if justified and provided capital is not impaired by such action.
ARTICLE VIII
Fiscal Year
Section 1. The fiscal year of the Corporation shall be the calendar year.
ARTICLE IX
Waiver of Notice
Whenever by statute or by the Certificate of Incorporation or by these Bylaws any notice whatever is required to be given, a waiver thereof in writing signed by the person or persons entitled to such notice, whether before or after the time stated therein, shall be deemed equivalent to the giving of such notice.
ARTICLE X
Indemnification by the Corporation
The Corporation shall indemnify to the full extent authorized or permitted by The General and Business Corporation Law of Missouri, as now in effect or as hereafter amended, any person made or threatened to be made, a party to any threatened, pending or completed action, suit or proceeding (whether civil, criminal, administrative or investigative, including an action by or in the right of the Corporation) by reason of the fact that he/she is or was a shareholder, officer, employee or agent of the Corporation or serves any other enterprises as such at the request of the Corporation.
The foregoing right of indemnification shall be deemed exclusive of any other rights to which such persons may be entitled apart from this Article X. The foregoing right of indemnification shall continue as to a person who has ceased to be a shareholder, officer, employee or agent and shall inure to the benefit of the heirs, executors and administrators of such a person.
ARTICLE XI
Amendments
The shareholders may make, alter, amend or repeal Bylaws of the Corporation at any annual or special meeting of shareholders by a majority vote of the shareholders present and entitled to vote at such meeting, provided a quorum is present.
Exhibit B-24
KLT ENERGY SERVICES INC.
AMENDED AND RESTATED
BYLAWS
ARTICLE I
Offices
Section 1. The Corporation, by resolution of its shareholders, may change the location of its registered office as designated in the articles of incorporation to any other place in Missouri. By like resolution, the registered agent at such registered office may be changed to any other person or corporation, including the Corporation. Upon adoption of such a resolution, a certificate certifying the change shall be executed, acknowledged and filed with the Secretary of State of Missouri.
Section 2. The Corporation also may have offices at such other places either within or without the State of Missouri as the shareholders may from time to time determine or the business of the Corporation may require.
ARTICLE II
Shareholders
Section 1. All meetings of shareholders shall be held at such place within or without the State of Missouri as may be selected by the shareholders, but if the shareholders shall fail to designate a place for said meeting to be held, then the same shall be held at the registered office of the Corporation.
Section 2. An annual meeting of the shareholders shall be held on the second Tuesday of April in each year, if not a legal holiday, and if a legal holiday, then on the next succeeding day not a legal holiday, for the purpose of electing directors of the Corporation and transacting such other business as may properly be brought before the meeting.
Section 3. Special meetings of the shareholders may be called by the President or by the holders of not less than one-fifth of all outstanding shares entitled to vote at such meeting.
Section 4. Written or printed notice of each meeting of the shareholders, annual or special, shall be given in the manner provided in the corporation laws of the State of Missouri. In case of a call for any special meeting, the notice shall state the time, place and purpose of such meeting.
Any notice of a shareholders' meeting sent by mail shall be deemed to be delivered when deposited in the United States mail with postage thereon prepaid addressed to the shareholder at his address as it appears on the records of the Corporation.
Section 5. Meetings of the shareholders may be held without notice at any time and place, either within or without the State of Missouri, if all shareholders entitled to vote at any such meeting shall have waived notice thereof or shall be present in person or represented by proxy, and any action required to be taken by shareholders may be taken at any such meeting.
Section 6. At least ten days before each meeting of the shareholders, a complete list of the shareholders entitled to vote at such meeting, arranged in alphabetical order with the address of and the number of shares held by each, shall be prepared by the officer having charge of the transfer book for shares of the Corporation. Such list, for a period of ten days prior to such meeting, shall be kept on file at the registered office of the Corporation and shall be subject to inspection by any shareholder at any time during usual business hours. Such list shall also be produced and kept open at the time and place of the meeting and shall be subject to the inspection of any shareholder during the whole time of the meeting. The original share ledger or transfer book, or a duplicate thereof kept in the State of Missouri, shall be prima facie evidence as to who are the shareholders entitled to examine such list or share ledger or transfer book or to vote at an y meeting of shareholders.
Failure to comply with the requirements of this Section shall not affect the validity of any action taken at any such meeting.
Section 7. Each outstanding share entitled to vote under the provisions of the Certificate of Incorporation of the Corporation shall be entitled to one vote on each matter submitted at a meeting of the shareholders. A shareholder may vote either in person or by proxy executed in writing by the shareholder or by his duly authorized attorney-in-fact. No proxy shall be valid after eleven months from the date of its execution, unless otherwise provided in the proxy.
Section 8. At any meeting of shareholders, a majority of the outstanding shares entitled to vote represented in person or by proxy shall constitute a quorum for the transaction of business, except as otherwise provided by statute or by the Certificate of Incorporation or by these Bylaws. The holders of a majority of the shares represented in person or by proxy and entitled to vote at any meeting of the shareholders shall have the right successively to adjourn the meeting to the same or a different location and to a specified date not longer than ninety days after any such adjournment, whether or not a quorum be present. The time and place to which any such adjournment is taken shall be publicly announced at the meeting, and no notice need be given of any such adjournment to shareholders not present at the meeting. At any such adjourned meeting at which a quorum shall be present, any business may be transacted which might have been transacted at the meet ing as originally called.
Section 9. Shares standing in the name of another corporation may be voted by such officer, agent, or proxy, as the bylaws of such corporation may prescribe, or in the absence of such provision, as the shareholders of such corporation may determine.
Section 10. The President of the Corporation shall convene all meetings of the shareholders and shall act as chairman thereof. The Shareholders may appoint any other officer of the Corporation or shareholder to act as chairman of any meeting of the shareholders in the absence of the President.
The Secretary of the Corporation shall act as secretary of all meetings of shareholders. In the absence of the Secretary at any meeting of shareholders, the presiding officer may appoint any person to act as secretary of the meeting.
Section 11. Unless otherwise provided by statute or by the Certificate of Incorporation, any action required to be taken by shareholders may be taken without a meeting if a consent in writing, setting forth the action so taken, shall be signed by all of the shareholders entitled to vote with respect to the subject matter thereof.
ARTICLE III
Board of Directors
Section 1. Pursuant to Section 351.805, RSMo, the Articles of Incorporation of the Corporation provide that the Corporation shall operate without a board of directors.
Section 2. All corporate powers shall be exercised by or under the authority of, and the business and affairs of the Corporation managed under the direction of, the shareholders.
Section 3. Unless the Articles of Incorporation provide otherwise, action requiring director approval or both director and shareholder approval is authorized if approved by the shareholders, and action requiring a majority or greater percentage vote of the board of directors is authorized if approved by the majority or greater percentage of the votes of shareholders entitled to vote on the action.
Section 4. A requirement by a state of the United States that a document delivered for filing contained a statement that specified action has been taken by the board of directors is satisfied by a statement that the Corporation is a statutory close corporation without a board of directors and that the action was approved by the shareholders.
Section 5. The shareholders by resolution may appoint one or more shareholders to sign documents as "designated directors".
Section 6. A shareholder is not liable for his act or omission, although a director would be, unless the shareholder was entitled to vote on the action.
ARTICLE IV
Officers
Section 1. The officers of the Corporation may include a President, one or more Vice Presidents, a Secretary, and a Treasurer, all of whom shall be appointed by the shareholders. Any one person may hold two or more offices except that the offices of President and Secretary may not be held by the same person.
Section 2. The officers shall be elected annually by the shareholders. The office of the Vice President may or may not be filled as may be deemed advisable by the shareholders.
Section 3. The shareholders may from time to time appoint such other officers as they shall deem necessary or expedient, who shall hold their offices for such terms and shall exercise such powers and perform such duties as the shareholders or the President may from time to time determine.
Section 4. The officers of the Corporation shall hold office until their successors shall be chosen and shall qualify. Any officer appointed by the shareholders may be removed at any time by the affirmative vote of the shareholders. If the office of any officer becomes vacant for any reason, or if any new office shall be created, the vacancy may be filled by the shareholders.
Section 5. The salaries, if any, of all officers of the Corporation shall be fixed by the shareholders.
ARTICLE V
Powers and Duties of Officers
Section 1. The President shall be the principal executive officer of the Corporation. He/she shall preside at all meetings of the shareholders and shall perform such other duties as the shareholders shall from time to time prescribe.
Section 2. The President shall have general and active management of, and exercise general supervision of, the business and affairs of the Corporation, subject, however, to the right of the shareholders to delegate any specific power to any other officer or officers of the Corporation, and shall see that all orders and resolutions of the shareholders are carried into effect. He/she may sign with the Secretary of the Corporation stock certificates, deeds, mortgages, bonds, contracts or other instruments; and in general shall perform all duties incident to the office of president and such other duties as may be prescribed by the shareholders from time to time.
Section 3. In the absence of the President or in the event of his/her inability or refusal to act, the Vice President (or in the event there be more than one vice president, the vice presidents in the order designated, or in the absence of any designation, then in the order of election) shall perform the duties of the President and when so acting, shall have the powers of the President, and shall perform such other duties as from time to time may be assigned to him/her by the President or by the shareholders.
Section 4. The Secretary shall attend all meetings of the shareholders and shall keep the minutes of such meetings. He/she shall give, or cause to be given, notice of all meetings of the shareholders, and shall perform such other duties as may be prescribed by the shareholders or President.
The Secretary shall keep the corporate books and records, prepare the necessary reports to the State and to the shareholders. He/she shall in all respects perform those usual and customary duties which such officer performs in business corporations.
Section 5. The Treasurer shall have the custody of all moneys and securities of the Corporation. He/she is authorized to collect and receive all moneys due the Corporation and to receipt therefor, and to endorse in the name of the Corporation and on its behalf, when necessary or proper, all checks, drafts, vouchers or other instruments for the payment of money to the Corporation and to deposit the same to the credit of the Corporation in such depositaries as may be designated by the shareholders. He/she is authorized to pay interest on obligations and dividends on stocks of the Corporation when due and payable. He/she shall, when necessary or proper, disburse the funds of the Corporation, taking proper vouchers for such disbursements. He/she shall render to the shareholders and the President, whenever they may require it, an account of all transactions as Treasurer and of the financial condition of the Corporation. He/she shall perform such other duties as may be prescribed by the shareholders or the President.
Section 6. Unless otherwise ordered by the shareholders, the President or any Vice President of the Corporation (a) shall have full power and authority to attend and to act and vote, in the name and on behalf of this Corporation, at any meeting of shareholders of any corporation in which this Corporation may hold stock, and at any such meeting shall possess and may exercise any and all of the rights and powers incident to the ownership of such stock, and (b) shall have full power and authority to execute, in the name and on behalf of this Corporation, proxies authorizing any suitable person or persons to act and to vote at any meeting of shareholders of any corporation in which this Corporation may hold stock, and at any such meeting the person or persons so designated shall possess and may exercise any and all of the rights and powers incident to the ownership of such stock.
ARTICLE VI
Certificates of Stock
Section 1. The shareholders shall provide for the issue, transfer and registration of the certificates representing the shares of capital stock of the Corporation, and shall appoint the necessary officers, transfer agents and registrars for that purpose.
Section 2. Until otherwise ordered by the shareholders, stock certificates shall be signed by the President or a Vice President and by the Secretary. In case any officer or officers who shall have signed, or whose facsimile signature or signatures shall have been used on, any stock certificate or certificates shall cease to be such officer or officers of the Corporation, whether because of death, resignation or otherwise, before such certificate or certificates shall have been delivered by the Corporation, such certificate or certificates may nevertheless be issued by the Corporation with the same effect as if the person or persons who signed such certificate or certificates or whose facsimile signature or signatures shall have been used thereon had not ceased to be such officer or officers of the Corporation.
Section 3. Transfers of stock shall be made on the books of the Corporation only by the person in whose name such stock is registered or by his attorney lawfully constituted in writing, and unless otherwise authorized by the shareholders, only on surrender and cancellation of the certificate transferred. No stock certificate shall be issued to a transferee until the transfer has been made on the books of the Corporation. The person in whose name shares stand on the books of the Corporation shall be deemed the owner thereof for all purposes as regards the Corporation.
ARTICLE VII
Dividends
Dividends may be declared at such times as the shareholders shall determine from the net earnings, or earned surplus, in accordance with law. Stock dividends may be declared if justified and provided capital is not impaired by such action.
ARTICLE VIII
Fiscal Year
Section 1. The fiscal year of the Corporation shall be the calendar year.
ARTICLE IX
Waiver of Notice
Whenever by statute or by the Certificate of Incorporation or by these Bylaws any notice whatever is required to be given, a waiver thereof in writing signed by the person or persons entitled to such notice, whether before or after the time stated therein, shall be deemed equivalent to the giving of such notice.
ARTICLE X
Indemnification by the Corporation
The Corporation shall indemnify to the full extent authorized or permitted by The General and Business Corporation Law of Missouri, as now in effect or as hereafter amended, any person made or threatened to be made, a party to any threatened, pending or completed action, suit or proceeding (whether civil, criminal, administrative or investigative, including an action by or in the right of the Corporation) by reason of the fact that he/she is or was a shareholder, officer, employee or agent of the Corporation or serves any other enterprises as such at the request of the Corporation.
The foregoing right of indemnification shall be deemed exclusive of any other rights to which such persons may be entitled apart from this Article X. The foregoing right of indemnification shall continue as to a person who has ceased to be a shareholder, officer, employee or agent and shall inure to the benefit of the heirs, executors and administrators of such a person.
ARTICLE XI
Amendments
The shareholders may make, alter, amend or repeal Bylaws of the Corporation at any annual or special meeting of shareholders by a majority vote of the shareholders present and entitled to vote at such meeting, provided a quorum is present.
Exhibit B-30
AMENDMENT NO. 1 TO THE AMENDED AND RESTATED
LIMITED LIABILITY COMPANY AGREEMENT
OF
STRATEGIC ENERGY, L.L.C.
This Amendment No. 1 (the "Amendment") to the Amended and Restated Limited Liability Company Agreement of Strategic Energy, L.L.C. dated as of December 31, 1999 (the "LLC Agreement") is made and entered into this 27th day of April, 2001, by and between Custom Energy Holdings, L.L.C., a Delaware limited liability company ("CE" or the "Member") and Strategic Energy, L.L.C., a Delaware limited liability company (the "Company").
Whereas, MTB Energy, Inc., a Missouri corporation, has agreed to transfer and exchange all of its Series SEL Economic Interest and Series SEL Voting Interest (as those terms are defined in the Amended and Restated Limited Liability Company Agreement of Custom Energy Holdings, L.L.C., dated as of December 31, 1999) in CE to KLT Energy Services Inc., and
Whereas, the Member and the Company wish to make certain amendments to the LLC Agreement to reflect the effects of this transfer and exchange, as set forth in this Amendment, to be effective as of the closing date of said transfer and exchange of Interests.
Now, therefore, in consideration of the mutual covenants and benefits set forth below, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:
1. The second paragraph of Section 3.1 of the LLC Agreement is deleted and the following paragraph inserted in lieu thereof:
The Management Committee shall consist of four (4) representatives, two (2) of whom shall be appointed by KLT, one (1) of whom shall be appointed by ELC, and one (1) of whom shall be appointed by Holdings. In the event of the resignation or death of a representative, the vacancy shall be promptly filled by a nominee of the Person who appointed the departing representative. The appointment of each representative on the Management Committee subsequent to the initial representatives named in this Section 3.1 shall be evidenced by an appointment, and acceptance of appointment, in a writing delivered to the Company by the Person entitled to appoint such representative. Each representative will serve on the Management Committee at the pleasure of the Person appointing him or her. The Management Committee shall, as of the effective date of this Amendment No. 1, consist of P. Jay Schliesman and Gregory J. Orman (appointed by KLT), Mark R. Schroeder (appointed by ELC) and Richard M. Zo mnir (appointed by Holdings).
2. Section 3.5 of the LLC Agreement is deleted and the following section inserted in lieu thereof:
3.5. Quorum. The presence of representatives appointed by Persons holding, in aggregate, a majority of the Units of Series SEL Voting Interest shall constitute a quorum at any duly called meeting of the Management Committee.
3. Section 3.6 of the LLC Agreement is deleted and the following section inserted in lieu thereof:
3.6. Voting. Each representative on the Management Committee shall be entitled to a vote upon each matter submitted or required to be submitted to a vote at a meeting of the Management Committee in proportion to the percentage of Units of Series SEL Voting Interest held by the Person appointing such representative. An affirmative vote of the representatives appointed by Persons holding, in aggregate, a majority of the Units of Series SEL Voting Interest shall be required to approve the action to be taken by the Management Committee, except for matters requiring a unanimous vote set forth in Section 3.12.
4. The first paragraph of Section 3.13 of the LLC Agreement is deleted and the following paragraph inserted in lieu thereof:
3.13 Powers of the Management Committee. In addition to that contemplated above, the Management Committee shall have the power to do the following upon the affirmative vote of the representatives appointed by Persons holding, in aggregate, a majority of the Units of Series SEL Voting Interest, without the consent of the Members:
5. The first sentence of Section 3.15 of the LLC Agreement is deleted and the following sentence inserted in lieu thereof:
The Management Committee, by an affirmative vote of the representatives appointed by Persons holding, in aggregate, a majority of the Units of Series SEL Voting Interest, may remove the Chief Executive Officer, in its sole and absolute discretion if, at any time or from time to time, it becomes dissatisfied with the Chief Executive Officer's performance under this Agreement (regardless of whether such dissatisfaction shall constitute legal "cause" for termination).
6. This Amendment No. 1 will automatically become effective as of the closing date of the transfer and exchange of Interests pursuant to that certain Exchange Agreement between KLT Energy Services Inc. and MTB Energy, Inc., dated effective as of January 1, 2001.
[signature page follows]
In witness whereof, the parties hereto have signed this Amendment on the date first above written.
Custom Energy Holdings, L.L.C.,
a Delaware limited liability company
By:/s/Gregory J. Orman
Gregory J. Orman, President and Chief Executive Officer
Strategic Energy, L.L.C.,
a Delaware limited liability company
By:/s/Richard M. Zomnir
Richard M. Zomnir, President and Chief Executive Officer
Consented to by the holders of
Series SEL Voting Interests:
SE Holdings, L.L.C.,
a Delaware limited liability company
By:/s/Richard M. Zomnir________
Name:_______________________
Title:________________________
KLT Energy Services Inc.,
a Missouri corporation
By:/s/Frank R. Clark____________
P. Jay Schliesman, President Frank R. Clark, Treasurer
Environmental Lighting Concepts, Inc.,
a Minnesota corporation
By:/s/Mark R. Schroeder_________
Mark R. Schroeder, President
MTB Energy, Inc.
By:/s/Tim Clemons_____________
L. Tim Clemons, President CEO
Exhibit B-33
KLT GAS INC.
AMENDED AND RESTATED
BYLAWS
ARTICLE I
Offices
Section 1. The Corporation, by resolution of its shareholders, may change the location of its registered office as designated in the articles of incorporation to any other place in Missouri. By like resolution, the registered agent at such registered office may be changed to any other person or corporation, including the Corporation. Upon adoption of such a resolution, a certificate certifying the change shall be executed, acknowledged and filed with the Secretary of State of Missouri.
Section 2. The Corporation also may have offices at such other places either within or without the State of Missouri as the shareholders may from time to time determine or the business of the Corporation may require.
ARTICLE II
Shareholders
Section 1. All meetings of shareholders shall be held at such place within or without the State of Missouri as may be selected by the shareholders, but if the shareholders shall fail to designate a place for said meeting to be held, then the same shall be held at the registered office of the Corporation.
Section 2. An annual meeting of the shareholders shall be held on the second Tuesday of April in each year, if not a legal holiday, and if a legal holiday, then on the next succeeding day not a legal holiday, for the purpose of electing directors of the Corporation and transacting such other business as may properly be brought before the meeting.
Section 3. Special meetings of the shareholders may be called by the President or by the holders of not less than one-fifth of all outstanding shares entitled to vote at such meeting.
Section 4. Written or printed notice of each meeting of the shareholders, annual or special, shall be given in the manner provided in the corporation laws of the State of Missouri. In case of a call for any special meeting, the notice shall state the time, place and purpose of such meeting.
Any notice of a shareholders' meeting sent by mail shall be deemed to be delivered when deposited in the United States mail with postage thereon prepaid addressed to the shareholder at his address as it appears on the records of the Corporation.
Section 5. Meetings of the shareholders may be held without notice at any time and place, either within or without the State of Missouri, if all shareholders entitled to vote at any such meeting shall have waived notice thereof or shall be present in person or represented by proxy, and any action required to be taken by shareholders may be taken at any such meeting.
Section 6. At least ten days before each meeting of the shareholders, a complete list of the shareholders entitled to vote at such meeting, arranged in alphabetical order with the address of and the number of shares held by each, shall be prepared by the officer having charge of the transfer book for shares of the Corporation. Such list, for a period of ten days prior to such meeting, shall be kept on file at the registered office of the Corporation and shall be subject to inspection by any shareholder at any time during usual business hours. Such list shall also be produced and kept open at the time and place of the meeting and shall be subject to the inspection of any shareholder during the whole time of the meeting. The original share ledger or transfer book, or a duplicate thereof kept in the State of Missouri, shall be prima facie evidence as to who are the shareholders entitled to examine such list or share ledger or transfer book or to vote at an y meeting of shareholders.
Failure to comply with the requirements of this Section shall not affect the validity of any action taken at any such meeting.
Section 7. Each outstanding share entitled to vote under the provisions of the Certificate of Incorporation of the Corporation shall be entitled to one vote on each matter submitted at a meeting of the shareholders. A shareholder may vote either in person or by proxy executed in writing by the shareholder or by his duly authorized attorney-in-fact. No proxy shall be valid after eleven months from the date of its execution, unless otherwise provided in the proxy.
Section 8. At any meeting of shareholders, a majority of the outstanding shares entitled to vote represented in person or by proxy shall constitute a quorum for the transaction of business, except as otherwise provided by statute or by the Certificate of Incorporation or by these Bylaws. The holders of a majority of the shares represented in person or by proxy and entitled to vote at any meeting of the shareholders shall have the right successively to adjourn the meeting to the same or a different location and to a specified date not longer than ninety days after any such adjournment, whether or not a quorum be present. The time and place to which any such adjournment is taken shall be publicly announced at the meeting, and no notice need be given of any such adjournment to shareholders not present at the meeting. At any such adjourned meeting at which a quorum shall be present, any business may be transacted which might have been transacted at the meet ing as originally called.
Section 9. Shares standing in the name of another corporation may be voted by such officer, agent, or proxy, as the bylaws of such corporation may prescribe, or in the absence of such provision, as the shareholders of such corporation may determine.
Section 10. The President of the Corporation shall convene all meetings of the shareholders and shall act as chairman thereof. The Shareholders may appoint any other officer of the Corporation or shareholder to act as chairman of any meeting of the shareholders in the absence of the President.
The Secretary of the Corporation shall act as secretary of all meetings of shareholders. In the absence of the Secretary at any meeting of shareholders, the presiding officer may appoint any person to act as secretary of the meeting.
Section 11. Unless otherwise provided by statute or by the Certificate of Incorporation, any action required to be taken by shareholders may be taken without a meeting if a consent in writing, setting forth the action so taken, shall be signed by all of the shareholders entitled to vote with respect to the subject matter thereof.
ARTICLE III
Board of Directors
Section 1. Pursuant to Section 351.805, RSMo, the Articles of Incorporation of the Corporation provide that the Corporation shall operate without a board of directors.
Section 2. All corporate powers shall be exercised by or under the authority of, and the business and affairs of the Corporation managed under the direction of, the shareholders.
Section 3. Unless the Articles of Incorporation provide otherwise, action requiring director approval or both director and shareholder approval is authorized if approved by the shareholders, and action requiring a majority or greater percentage vote of the board of directors is authorized if approved by the majority or greater percentage of the votes of shareholders entitled to vote on the action.
Section 4. A requirement by a state of the United States that a document delivered for filing contained a statement that specified action has been taken by the board of directors is satisfied by a statement that the Corporation is a statutory close corporation without a board of directors and that the action was approved by the shareholders.
Section 5. The shareholders by resolution may appoint one or more shareholders to sign documents as "designated directors".
Section 6. A shareholder is not liable for his act or omission, although a director would be, unless the shareholder was entitled to vote on the action.
ARTICLE IV
Officers
Section 1. The officers of the Corporation may include a President, one or more Vice Presidents, a Secretary, and a Treasurer, all of whom shall be appointed by the shareholders. Any one person may hold two or more offices except that the offices of President and Secretary may not be held by the same person.
Section 2. The officers shall be elected annually by the shareholders. The office of the Vice President may or may not be filled as may be deemed advisable by the shareholders.
Section 3. The shareholders may from time to time appoint such other officers as they shall deem necessary or expedient, who shall hold their offices for such terms and shall exercise such powers and perform such duties as the shareholders or the President may from time to time determine.
Section 4. The officers of the Corporation shall hold office until their successors shall be chosen and shall qualify. Any officer appointed by the shareholders may be removed at any time by the affirmative vote of the shareholders. If the office of any officer becomes vacant for any reason, or if any new office shall be created, the vacancy may be filled by the shareholders.
Section 5. The salaries, if any, of all officers of the Corporation shall be fixed by the shareholders.
ARTICLE V
Powers and Duties of Officers
Section 1. The President shall be the principal executive officer of the Corporation. He/she shall preside at all meetings of the shareholders and shall perform such other duties as the shareholders shall from time to time prescribe.
Section 2. The President shall have general and active management of, and exercise general supervision of, the business and affairs of the Corporation, subject, however, to the right of the shareholders to delegate any specific power to any other officer or officers of the Corporation, and shall see that all orders and resolutions of the shareholders are carried into effect. He/she may sign with the Secretary of the Corporation stock certificates, deeds, mortgages, bonds, contracts or other instruments; and in general shall perform all duties incident to the office of president and such other duties as may be prescribed by the shareholders from time to time.
Section 3. In the absence of the President or in the event of his/her inability or refusal to act, the Vice President (or in the event there be more than one vice president, the vice presidents in the order designated, or in the absence of any designation, then in the order of election) shall perform the duties of the President and when so acting, shall have the powers of the President, and shall perform such other duties as from time to time may be assigned to him/her by the President or by the shareholders.
Section 4. The Secretary shall attend all meetings of the shareholders and shall keep the minutes of such meetings. He/she shall give, or cause to be given, notice of all meetings of the shareholders, and shall perform such other duties as may be prescribed by the shareholders or President.
The Secretary shall keep the corporate books and records, prepare the necessary reports to the State and to the shareholders. He/she shall in all respects perform those usual and customary duties which such officer performs in business corporations.
Section 5. The Treasurer shall have the custody of all moneys and securities of the Corporation. He/she is authorized to collect and receive all moneys due the Corporation and to receipt therefor, and to endorse in the name of the Corporation and on its behalf, when necessary or proper, all checks, drafts, vouchers or other instruments for the payment of money to the Corporation and to deposit the same to the credit of the Corporation in such depositaries as may be designated by the shareholders. He/she is authorized to pay interest on obligations and dividends on stocks of the Corporation when due and payable. He/she shall, when necessary or proper, disburse the funds of the Corporation, taking proper vouchers for such disbursements. He/she shall render to the shareholders and the President, whenever they may require it, an account of all transactions as Treasurer and of the financial condition of the Corporation. He/she shall perform such other duties as may be prescribed by the shareholders or the President.
Section 6. Unless otherwise ordered by the shareholders, the President or any Vice President of the Corporation (a) shall have full power and authority to attend and to act and vote, in the name and on behalf of this Corporation, at any meeting of shareholders of any corporation in which this Corporation may hold stock, and at any such meeting shall possess and may exercise any and all of the rights and powers incident to the ownership of such stock, and (b) shall have full power and authority to execute, in the name and on behalf of this Corporation, proxies authorizing any suitable person or persons to act and to vote at any meeting of shareholders of any corporation in which this Corporation may hold stock, and at any such meeting the person or persons so designated shall possess and may exercise any and all of the rights and powers incident to the ownership of such stock.
ARTICLE VI
Certificates of Stock
Section 1. The shareholders shall provide for the issue, transfer and registration of the certificates representing the shares of capital stock of the Corporation, and shall appoint the necessary officers, transfer agents and registrars for that purpose.
Section 2. Until otherwise ordered by the shareholders, stock certificates shall be signed by the President or a Vice President and by the Secretary. In case any officer or officers who shall have signed, or whose facsimile signature or signatures shall have been used on, any stock certificate or certificates shall cease to be such officer or officers of the Corporation, whether because of death, resignation or otherwise, before such certificate or certificates shall have been delivered by the Corporation, such certificate or certificates may nevertheless be issued by the Corporation with the same effect as if the person or persons who signed such certificate or certificates or whose facsimile signature or signatures shall have been used thereon had not ceased to be such officer or officers of the Corporation.
Section 3. Transfers of stock shall be made on the books of the Corporation only by the person in whose name such stock is registered or by his attorney lawfully constituted in writing, and unless otherwise authorized by the shareholders, only on surrender and cancellation of the certificate transferred. No stock certificate shall be issued to a transferee until the transfer has been made on the books of the Corporation. The person in whose name shares stand on the books of the Corporation shall be deemed the owner thereof for all purposes as regards the Corporation.
ARTICLE VII
Dividends
Dividends may be declared at such times as the shareholders shall determine from the net earnings, or earned surplus, in accordance with law. Stock dividends may be declared if justified and provided capital is not impaired by such action.
ARTICLE VIII
Fiscal Year
Section 1. The fiscal year of the Corporation shall be the calendar year.
ARTICLE IX
Waiver of Notice
Whenever by statute or by the Certificate of Incorporation or by these Bylaws any notice whatever is required to be given, a waiver thereof in writing signed by the person or persons entitled to such notice, whether before or after the time stated therein, shall be deemed equivalent to the giving of such notice.
ARTICLE X
Indemnification by the Corporation
The Corporation shall indemnify to the full extent authorized or permitted by The General and Business Corporation Law of Missouri, as now in effect or as hereafter amended, any person made or threatened to be made, a party to any threatened, pending or completed action, suit or proceeding (whether civil, criminal, administrative or investigative, including an action by or in the right of the Corporation) by reason of the fact that he/she is or was a shareholder, officer, employee or agent of the Corporation or serves any other enterprises as such at the request of the Corporation.
The foregoing right of indemnification shall be deemed exclusive of any other rights to which such persons may be entitled apart from this Article X. The foregoing right of indemnification shall continue as to a person who has ceased to be a shareholder, officer, employee or agent and shall inure to the benefit of the heirs, executors and administrators of such a person.
ARTICLE XI
Amendments
The shareholders may make, alter, amend or repeal Bylaws of the Corporation at any annual or special meeting of shareholders by a majority vote of the shareholders present and entitled to vote at such meeting, provided a quorum is present.
Exhibit b-35
Second Amended and Restated Operating Agreement
of
Apache Canyon Gas, L.L.C.
This Second Amended and Restated Operating Agreement of Apache Canyon Gas, L.L.C. (the "Agreement") is entered into and made effective this 31st day of October, 2003, by and between Apache Canyon Gas, L.L.C. (the "Company") and KLT Gas Inc. (the "Member"), the sole member of the Company.
Whereas, the Company and the Member have entered into an Amended and Restated Operating Agreement dated as of March 17, 1999 (the "First Amended Agreement") and
Whereas, the Member and the Company wish to amend and restate the First Amended Agreement to reflect a change in registered agent and in the addresses of the Member and the Company.
The Company and The Member agree as follows:
Article I.
Formation Of Company
1.1 Name
The name of the limited liability company (the "Company") is Apache Canyon Gas, L.L.C.
1.2. Formation
The Company was formed on December 19, 1995, pursuant to the Delaware Limited Liability Company Act (the "Act") when its Certificate of Formation ("Certificate") was filed with the office of the Secretary of State.
1.3. Principal Place of Business
The Company's principal place of business is 10740 Nall, Suite 230, Overland Park, KS 66211.
1.4. Registered Office and Registered Agent
The Company, by resolution of its Member, may change the location of its registered office as designated in the certificate of formation to any other place in Delaware. By like resolution, the registered agent at such registered office may be changed to any other person or corporation, including the Company. Upon adoption of such a resolution, a certificate certifying the change shall be executed, acknowledged and filed with the Secretary of State of Delaware.
1.5. Defects as to Formalities
A failure to observe any formalities or requirements of this Agreement, the Certificate or the Act shall not be grounds for imposing personal liability on the Member for the liabilities of the Company.
Article 2.
Business of Company
The business of the Company shall be to carry on any lawful business or activity which may be conducted by a limited liability company organized under the Act.
Article 3.
Member, Contribution, and Management
3.1. Name and Address of Member
The Member's name and address is KLT Gas Inc., 2202 Timberloch Place, Suite 222, The Woodlands, TX 77380.
3.2. Contribution
The Member has heretofore made contributions to the Company as set forth in the Company's books and records. No interest shall accrue on any contribution and the Member shall not have the right to withdraw or be repaid any contribution except as provided in this Agreement. The Member may, at the Member's sole discretion, make additional contributions, but, notwithstanding anything to the contrary in this Agreement, the Member shall have no obligation to do so.
3.3. Management
The Company shall be managed by the Member, who may unilaterally act on behalf of the Company with or without a meeting and regardless of any financial interest the Member may have in such action. All decisions concerning the business affairs of the Company shall be made by the Member, and the affirmative consent (regardless of whether it is written, oral, or by course of conduct) of the Member shall constitute the consent of all of the members of the Company for purposes of the Act, the Articles and this Agreement. The failure of the Company to observe any formalities or requirements relating to the exercise of its powers or the management of its business or affairs under this Agreement or the Act shall not be grounds for imparting personal liability on the Member for liabilities of the Company.
3.4. Management Rights
Subject to the Act, the Certificate and this Agreement, the Member shall have authority to do every act consistent with the law. Actions by the Member shall bind the Company regardless of whether such action is for the purpose of apparently carrying on the usual way the business or affairs of the Company, including the exercise of the authority indicated in this Section. No person shall have any duty or obligation to inquire into the authority or power of the Member regarding the Member's actions on behalf of the Company.
3.5. Member Liability and Indemnification
Except as otherwise provided by law, the Certificate or this Agreement, a member shall have no personal liability, merely as a member, for any liabilities or losses of the Company beyond the member's contributions. The Company shall indemnify the Member for all costs, losses, liabilities, and damages paid or accrued by such Member in connection with the business of the Company, or because the Member is a member, and shall advance expenses incurred by the Member in connection with the business of the Company, or in any legal action arising from action taken by the Member in connection with the business of the Company, all to the fullest extent provided or allowed by the laws of Delaware.
3.6. Compensation
The Member shall be reimbursed for all reasonable expenses incurred on behalf of the Company and shall be entitled to reasonable compensation for time spent managing the Company, in an amount to be determined from time to time by the Member.
3.7. Duty of Loyalty
The Member may have and engage in business and investment interests and activities other than the Company, and need not account to the Company for profits or remuneration gained thereby. The Member may enter into transactions considered to be competitive with or similar to those of the Company, or a business opportunity beneficial to the Company, and the Company waives any right or claim to participate therein. The Member has no duty to account to the Company or to hold as trustee for the Company any property, profit or benefit derived by the Member in the formation, conduct or winding-up of the Company or from the use or appropriation of any Company property.
3.8. Other Self Interest
The Member does not violate a duty or obligation to the Company merely because the Member's conduct furthers the Member's own interests. The Member may lend money to and transact other business with the Company, and the rights and obligations of the Member in such transactions shall be the same as those of a person who is not a member. No transactions with the Company shall be voidable solely because the Member has a direct or indirect interest in the transaction.
3.10. Books and Accounts
The Member shall cause the books and accounts of the Company to be kept in accordance with generally accepted accounting principles. The books and supporting records of the Company will be maintained at the Company's principal office. All the Company's funds shall be deposited in its name in an account or accounts at such banks as the Member may determine from time to time.
Article 4.
Taxes
4.1. Elections
The Member may make any tax elections for the Company allowed under the Internal Revenue Code of 1986 as amended from time to time ("Code") or the tax laws of any state or other jurisdiction having taxing jurisdiction over the Company. It is the intent of the Member and the Company that the Company is to be disregarded as an entity separate from the Member for purposes of the Code. THE MEMBER is designated the tax matters member as defined in Section 6231(a)(7) of the Code, and is authorized to take such actions and to execute and file all statements and forms on behalf of the Company which may be required by regulations issued by the Internal Revenue Service to indicate such designation.
4.2. Taxes of Taxing Jurisdictions
To the extent that the laws of any taxing jurisdiction require, the Member will prepare and the Member will execute and submit an agreement indicating that the Member will make timely income tax payments to the taxing jurisdiction and that the Member accepts personal jurisdiction of the taxing jurisdiction with regard to the collection of income taxes attributable to the Member's income, and interest, and penalties assessed on such income, if such agreement is required by the taxing jurisdiction. If the Member fails to provide such agreement, the Company may withhold and pay over to such taxing jurisdiction the amount of tax, penalty and interest determined under the laws of the taxing jurisdiction with respect to such income. Any such payments with respect to the income of the Member shall be treated as a distribution for purposes of Article 5.
Article 5.
Distributions
The Company may make distributions at such times and in such amounts as determined by the Member. No distribution shall be declared and paid unless, after the distribution is made, the assets of the Company are in excess of all liabilities of the Company.
Article 6.
Disposition Of Membership Interest and
Admission Of Assignees And Additional Members
6.1. Disposition
The Member's membership interest is transferable either voluntarily or by operation of law. The Member may dispose of all or a portion of the Member's membership interest. Upon the disposition of a portion of the Member's membership interest, the transferee shall be admitted as a substitute member as to the transferred interest upon the completion of the transfer without further action. Upon the transfer of the Member's entire membership interest (other than a temporary transfer or transfer as a pledge or security interest), the Member shall cease to be a Member of the Company and shall have no further rights or obligations under this Agreement, except that the Member shall have the right to such information as may be necessary for the computation of the Member's tax liability.
6.2. Admission of Additional Members
The Member may, in the Member's sole discretion, admit additional members and determine the capital contributions of such additional members.
Article 7.
Dissolution and Winding Up
7.1. Dissolution
The Company shall be dissolved and its affairs wound up upon the occurrence of any of the following:
(a) upon the will of the Member,
(2) the resignation, expulsion, bankruptcy or dissolution of the Member,
(3) at any time the Company has no members,
(4) December 31, 2025, or
(5) the entry of a decree of judicial dissolution under the Act.
7.2. Effect of Dissolution
Upon dissolution, the Company shall cease carrying on as distinguished from the winding up of the Company business, but the Company is not terminated, but continues until the winding up of the affairs of the Company is completed and the certificate of dissolution has been issued by the Secretary of State.
7.3. Distribution of Assets on Dissolution
Upon the winding up of the Company, the Company's assets shall be distributed as follows:
(a) to creditors, including the Member if it is a creditor, to the extent permitted by law, in satisfaction of Company liabilities; and
(b) to the Member.
Such distributions shall be in cash, property other than cash, or partly in both, as determined by the Member.
7.4. Winding Up and Articles of Dissolution
The winding up of the Company shall be completed when all debts, liabilities, and obligations of the limited liability company have been paid and discharged or reasonably adequate provision therefor has been made, and all of the remaining property and assets of the limited liability company have been distributed to the Member. Upon the completion of winding up of the Company, the Member or other person designated by the Member shall deliver articles of dissolution to the Secretary of State for filing. The articles of dissolution shall set forth the information required by the Act.
Article 8.
Miscellaneous Provisions
8.1. Governing Law
This Agreement shall be construed and enforced in accordance with the laws of Delaware.
8.2. Amendments
This Agreement may be amended or modified from time to time only by a written instrument adopted by the Member and the Company and executed by the Member and the Company.
8.3. Entire Agreement
This Agreement represents the entire agreement between the Member and the Company.
8.4. Rights of Creditors and Third Parties Under Operating Agreement
This Agreement is entered into between the Company and the Member for the exclusive benefit of the Company, its Member, and their successors and assignees. This Agreement is expressly not intended for the benefit of any creditor of the Company or any other person. Except and only to the extent provided by applicable statute, no such creditor or third party shall have any rights under this Agreement or any agreement between the Company and the Member with respect to any capital contribution or otherwise.
8.5 Preservation of Prior Indemnification
Notwithstanding anything in this Agreement to the contrary, Section 6.2 of the Operating Agreement shall remain in full force and effect, in accordance with its terms, respecting the Operations Manager, each member of the Management Committee and the Tax Matters Member (as those terms are defined in the Operating Agreement) of the Company.
In witness whereof, this Agreement is signed as of the date first above written.
Apache Canyon Gas, L.L.C., by |
KLT Gas Inc., as sole member of |
KLT Gas Inc., its sole member |
Apache Canyon Gas, L.L.C. |
|
|
By:/s/David J. Haydon |
By:/s/David J. Haydon |
David J. Haydon, President |
David J. Haydon, President |
Exhibit B-37
FAR GAS ACQUISITIONS CORPORATION
BYLAWS
AS AMENDED AND RESTATED FEBRUARY 23, 2004
FAR GAS ACQUISITION CORPORATION
BYLAWS
ARTICLE I
Offices
Section 1. The Corporation, by resolution of its Board of Directors, may change the location of its registered office as designated in the articles of incorporation to any other place in Colorado. By like resolution, the registered agent at such registered office may be changed to any other person or corporation, including the Corporation. Upon adoption of such a resolution, a certificate certifying the change shall be executed, acknowledged and filed with the Secretary of State of Colorado.
Section 2. The Corporation also may have offices at such other places either within or without the State of Colorado as the Board of Directors may from time to time determine or the business of the Corporation may require.
ARTICLE II
Shareholders
Section 1. All meetings of shareholders shall be held at such place within or without the State of Colorado as may be selected by the Board of Directors, but if the Board of Directors shall fail to designate a place for said meeting to be held, then the same shall be held at the registered office of the Corporation.
Section 2. An annual meeting of the shareholders shall be held on the second Tuesday of April in each year, if not a legal holiday, and if a legal holiday, then on the next succeeding day not a legal holiday, for the purpose of electing directors of the Corporation and transacting such other business as may properly be brought before the meeting.
Section 3. Special meetings of the shareholders may be called by the Chairman of the Board, by the President, by the Board of Directors, or by the holders of not less than one-fifth of all outstanding shares entitled to vote at such meeting.
Section 4. Written or printed notice of each meeting of the shareholders, annual or special, shall be given in the manner provided in the corporation laws of the State of Colorado. In case of a call for any special meeting, the notice shall state the time, place and purpose of such meeting.
Any notice of a shareholders' meeting sent by mail shall be deemed to be delivered when deposited in the United States mail with postage thereon prepaid addressed to the shareholder at his address as it appears on the records of the Corporation.
Section 5. Meetings of the shareholders may be held without notice at any time and place, either within or without the State of Colorado, if all shareholders entitled to vote at any such meeting shall have waived notice thereof or shall be present in person or represented by proxy, and any action required to be taken by shareholders may be taken at any such meeting.
Section 6. At least ten days before each meeting of the shareholders, a complete list of the shareholders entitled to vote at such meeting, arranged in alphabetical order with the address of and the number of shares held by each, shall be prepared by the officer having charge of the transfer book for shares of the Corporation. Such list, for a period of ten days prior to such meeting, shall be kept on file at the registered office of the Corporation and shall be subject to inspection by any shareholder at any time during usual business hours. Such list shall also be produced and kept open at the time and place of the meeting and shall be subject to the inspection of any shareholder during the whole time of the meeting. The original share ledger or transfer book, or a duplicate thereof kept in the State of Missouri, shall be prima facie evidence as to who are the shareholders entitled to examine such list or share ledger or transfer book or to vote at an y meeting of shareholders.
Failure to comply with the requirements of this Section shall not affect the validity of any action taken at any such meeting.
Section 7. Each outstanding share entitled to vote under the provisions of the Articles of Incorporation of the Corporation shall be entitled to one vote on each matter submitted at a meeting of the shareholders. A shareholder may vote either in person or by proxy executed in writing by the shareholder or by his duly authorized attorney-in-fact. No proxy shall be valid after eleven months from the date of its execution, unless otherwise provided in the proxy.
In all elections for directors, each shareholder shall be entitled to one vote for each share owned by him or her, and each shareholder may cast the whole number of votes, either in person or by proxy, for one candidate, or distribute them among two or more candidates. There shall be no cumulative voting.
Section 8. At any meeting of shareholders, a majority of the outstanding shares entitled to vote represented in person or by proxy shall constitute a quorum for the transaction of business, except as otherwise provided by statute or by the Articles of Incorporation or by these Bylaws. The holders of a majority of the shares represented in person or by proxy and entitled to vote at any meeting of the shareholders shall have the right successively to adjourn the meeting to the same or a different location and to a specified date not longer than ninety days after any such adjournment, whether or not a quorum be present. The time and place to which any such adjournment is taken shall be publicly announced at the meeting, and no notice need be given of any such adjournment to shareholders not present at the meeting. At any such adjourned meeting at which a quorum shall be present, any business may be transacted which might have been transacted at the meeting as originally called.
Section 9. Shares standing in the name of another corporation may be voted by such officer, agent, or proxy, as the bylaws of such corporation may prescribe, or in the absence of such provision, as the board of directors of such corporation may determine.
Section 10. The President of the Corporation shall convene all meetings of the shareholders and shall act as chairman thereof. The Shareholders may appoint any other officer of the Corporation or shareholder to act as chairman of any meeting of the shareholders in the absence of the President.
The Secretary of the Corporation shall act as secretary of all meetings of shareholders. In the absence of the Secretary at any meeting of shareholders, the presiding officer may appoint any person to act as secretary of the meeting.
Section 11. Unless otherwise provided by statute or by the Certificate of Incorporation, any action required to be taken by shareholders may be taken without a meeting if a consent in writing, setting forth the action so taken, shall be signed by all of the shareholders entitled to vote with respect to the subject matter thereof.
ARTICLE III
Board of Directors
Section 1. The property, business and affairs of the Corporation shall be managed and controlled by a Board of Directors which may exercise all such powers of the Corporation and do all such lawful acts and things as are not by statute or by the Articles of Incorporation or by these Bylaws directed or required to be exercised or done by the shareholders.
Section 2. The Board of Directors shall consist of two directors who shall be elected at the annual meeting of the shareholders. Each director shall be elected to serve until the next annual meeting of the shareholders and until his successor shall be elected and qualified. Directors need not be shareholders.
Section 3. In case of the death or resignation of one or more of the directors of the Corporation, a majority of the remaining directors, though less than a quorum, may fill the vacancy or vacancies until the successor successors are elected at a meeting of the shareholders. A director may resign at any time and the acceptance of his resignation shall not be required in order to make it effective.
Section 4. The Board of Directors may hold its meetings either within or without the State of Colorado at such place as shall be specified in the notice of such meeting, and members of the Board of Directors may participate in a meeting of the Board by means of conference telephone or similar conversations whereby all persons participating in the meeting can hear each other and participating in a meeting in this manner shall constitute presence in person at the meeting.
Section 5. Regular meetings of the Board of Directors shall be held at such time and place as the Board of Directors by resolution shall from time to time determine. The Secretary shall give at least three days' notice of the time and place of each such meeting to each director in the manner provided in Section 9 of this Article III. The notice need not specify the business to be transacted.
Section 6. Special meetings of the Board of Directors shall be held whenever called by the Chairman of the Board, the President or two members of the Board and shall be held at such place as shall be specified in the notice of such meeting. The Secretary shall give not less than three days' notice of the time, place and purpose of each such meeting to each director in the manner provided in Section 9 of this Article III.
Section 7. The act of the majority of the directors present at a meeting at which a quorum is present shall be the act of the Board of Directors.
Section 8. The Board of Directors, by the affirmative vote of a majority of directors, and irrespective of any personal interest of any of its members, shall have authority to establish reasonable compensation of all directors for services to the Corporation as directors, officers or otherwise. By resolution, the Board of Directors may be paid for expenses, if any, of attendance at each meeting of the Board.
Section 9. Whenever under the provisions of the statutes or of the Articles of Incorporation or of these Bylaws notice is required to be given to any director, it shall not be construed to require personal notice, but such notice may be given by telephone or by telegram addressed to such director at such address as appears on the books of the Corporation, or by hand delivery to the regular office of the director, or by mail by depositing the same in a post office or letter box in a postpaid sealed wrapper addressed to such director at such address as appears on the books of the Corporation. Such notice shall be deemed to be given at the time when the same shall be thus telephoned, telegraphed, hand delivered or mailed.
Attendance of a director at any meeting shall constitute a waiver of notice of such meeting except where a director attends a meeting for the express purpose of objecting to the transaction of any business because the meeting is not lawfully called or convened.
Section 10. The Board of Directors may by resolution provide for an Executive Committee of said Board, which shall serve at the pleasure of the Board of Directors and, during the intervals between the meetings of said Board, shall possess and may exercise any or all of the powers of the Board of Directors in the management of the business and affairs of the Corporation, except with respect to any matters which, by resolution of the Board of Directors, may from time to time be reserved for action by said Board.
Section 11. The Executive Committee, if established by the Board, shall consist of the President of the Corporation and two additional directors who shall be elected by the Board of Directors to serve at the pleasure of said Board until the first meeting of the Board of Directors following the next annual meeting of shareholders and until their successors shall have been elected. Vacancies in the Committee shall be filled by the Board of Directors.
Section 12. Meetings of the Executive Committee shall be held whenever called by the Chairman or by a majority of the members of the Committee, and shall be held at such time and place as shall be specified in the notice of such meeting and shall be subject to the provisions of Section 4 of this Article III. The Secretary shall give at least one day's notice of the time, place and purpose of each such meeting to each Committee member in the manner provided in Section 9 of this Article III, provided, that if the meeting is to be held outside of Denver, Colorado, at least three days' notice thereof shall be given.
Section 13. At all meetings of the Executive Committee, a majority of the Committee members shall constitute a quorum and the unanimous act of all the members of the Committee present at a meeting where a quorum is present shall be the act of the Executive Committee. All action by the Executive Committee shall be reported to the Board of Directors at its meeting next succeeding such action.
Section 14. If all the directors severally or collectively shall consent in writing to any action to be taken by the directors, such consents shall have the same force and effect as a unanimous vote of the directors at a meeting duly held. The Secretary shall file such consents with the minutes of the meetings of the Board of Directors.
ARTICLE IV
Officers
Section 1. The officers of the Corporation may include a Chairman of the Board, a President, one or more Vice Presidents, a Secretary, and a Treasurer, all of whom shall be appointed by the Board of Directors. Any one person may hold two or more offices except that the offices of President and Secretary may not be held by the same person.
Section 2. The officers shall be elected annually by the Board of Directors. The office of the Vice President may or may not be filled as may be deemed advisable by the Board of Directors.
Section 3. The Board of Directors may from time to time appoint such other officers as they shall deem necessary or expedient, who shall hold their offices for such terms and shall exercise such powers and perform such duties as the Board of Directors or the President may from time to time determine.
Section 4. The officers of the Corporation shall hold office until their successors shall be chosen and shall qualify. Any officer appointed by the Board of Directors may be removed at any time by the affirmative vote of a majority of the whole Board. If the office of any officer becomes vacant for any reason, or if any new office shall be created, the vacancy may be filled by the Board of Directors.
Section 5. The salaries, if any, of all officers of the Corporation shall be fixed by Board of Directors.
ARTICLE V
Powers and Duties of Officers
Section 1. The Chairman of the Board shall be the principal executive officer of the Corporation. He/she shall preside at all meetings of the shareholders and at all meetings of the Board of Directors, and shall perform such other duties as the Board of Directors shall from time to time prescribe.
Section 2. The President shall have general and active management of, and exercise general supervision of, the business and affairs of the Corporation, subject, however, to the right of the shareholders to delegate any specific power to any other officer or officers of the Corporation, and shall see that all orders and resolutions of the shareholders are carried into effect. He/she may sign with the Secretary of the Corporation stock certificates, deeds, mortgages, bonds, contracts or other instruments; and in general shall perform all duties incident to the office of president and such other duties as may be prescribed by the Board of Directors from time to time. In the absence of the Chairman of the Board, or if the office of Chairman of the Board be vacant, the President shall preside at all meetings of the shareholders and at all meetings of the Board of Directors.
Section 3. In the absence of the President or in the event of his/her inability or refusal to act, the Vice President (or in the event there be more than one vice president, the vice presidents in the order designated, or in the absence of any designation, then in the order of election) shall perform the duties of the President and when so acting, shall have the powers of the President, and shall perform such other duties as from time to time may be assigned to him/her by the President or by the Board of Directors.
Section 4. The Secretary shall attend all meetings of the shareholders, the Board of Directors and the Executive Committee, if any, and shall keep the minutes of such meetings. He/she shall give, or cause to be given, notice of all meetings of the shareholders, the Board of Directors and the Executive Committee, if any, and shall perform such other duties as may be prescribed by the Board of Directors or President.
The Secretary shall keep the corporate books and records, prepare the necessary reports to the State and to the directors. He/she shall in all respects perform those usual and customary duties which such officer performs in business corporations.
Section 5. The Treasurer shall have the custody of all moneys and securities of the Corporation. He/she is authorized to collect and receive all moneys due the Corporation and to receipt therefor, and to endorse in the name of the Corporation and on its behalf, when necessary or proper, all checks, drafts, vouchers or other instruments for the payment of money to the Corporation and to deposit the same to the credit of the Corporation in such depositaries as may be designated by the shareholders. He/she is authorized to pay interest on obligations and dividends on stocks of the Corporation when due and payable. He/she shall, when necessary or proper, disburse the funds of the Corporation, taking proper vouchers for such disbursements. He/she shall render to the Board of Directors and the President, whenever they may require it, an account of all transactions as Treasurer and of the financial condition of the Corporation. He/she shall perform such other duties as may be prescribed by the Board of Directors or the President.
Section 6. Unless otherwise ordered by the Board of Directors, the Chairman of the Board or any duly elected officer of the Corporation (a) shall have full power and authority to attend and to act and vote, in the name and on behalf of this Corporation, at any meeting of shareholders of any corporation in which this Corporation may hold stock, and at any such meeting shall possess and may exercise any and all of the rights and powers incident to the ownership of such stock, and (b) shall have full power and authority to execute, in the name and on behalf of this Corporation, proxies authorizing any suitable person or persons to act and to vote at any meeting of shareholders of any corporation in which this Corporation may hold stock, and at any such meeting the person or persons so designated shall possess and may exercise any and all of the rights and powers incident to the ownership of such stock.
ARTICLE VI
Certificates of Stock
Section 1. The shareholders shall provide for the issue, transfer and registration of the certificates representing the shares of capital stock of the Corporation, and shall appoint the necessary officers, transfer agents and registrars for that purpose.
Section 2. Until otherwise ordered by the Board of Directors, stock certificates shall be signed by the President or a Vice President and by the Secretary. In case any officer or officers who shall have signed, or whose facsimile signature or signatures shall have been used on, any stock certificate or certificates shall cease to be such officer or officers of the Corporation, whether because of death, resignation or otherwise, before such certificate or certificates shall have been delivered by the Corporation, such certificate or certificates may nevertheless be issued by the Corporation with the same effect as if the person or persons who signed such certificate or certificates or whose facsimile signature or signatures shall have been used thereon had not ceased to be such officer or officers of the Corporation.
Section 3. Transfers of stock shall be made on the books of the Corporation only by the person in whose name such stock is registered or by his attorney lawfully constituted in writing, and unless otherwise authorized by the Board of Directors, only on surrender and cancellation of the certificate transferred. No stock certificate shall be issued to a transferee until the transfer has been made on the books of the Corporation. The person in whose name shares stand on the books of the Corporation shall be deemed the owner thereof for all purposes as regards the Corporation.
ARTICLE VII
Dividends
Dividends may be declared at such times as the Board of Directors shall determine from the net earnings, or earned surplus, in accordance with law. Stock dividends may be declared if justified and provided capital is not impaired by such action.
ARTICLE VIII
Fiscal Year
Section 1. The fiscal year of the Corporation shall be the calendar year.
Section 2. As soon as practicable after the close of each fiscal year, the Board of Directors shall cause this report of the business and affairs of the Corporation to be made to the shareholders.
ARTICLE IX
Waiver of Notice
Whenever by statute or by the Articles of Incorporation or by these Bylaws any notice whatever is required to be given, a waiver thereof in writing signed by the person or persons entitled to such notice, whether before or after the time stated therein, shall be deemed equivalent to the giving of such notice.
ARTICLE X
Indemnification by the Corporation
The Corporation shall indemnify to the full extent authorized or permitted by The General and Business Corporation Law of Colorado, as now in effect or as hereafter amended, any person made or threatened to be made, a party to any threatened, pending or completed action, suit or proceeding (whether civil, criminal, administrative or investigative, including an action by or in the right of the Corporation) by reason of the fact that he/she is or was a shareholder, officer, employee or agent of the Corporation or serves any other enterprises as such at the request of the Corporation.
The foregoing right of indemnification shall be deemed exclusive of any other rights to which such persons may be entitled apart from this Article X. The foregoing right of indemnification shall continue as to a person who has ceased to be a director, officer, employee or agent and shall inure to the benefit of the heirs, executors and administrators of such a person.
ARTICLE XI
Amendments
The Board of Directors may make, alter, amend or repeal Bylaws of the Corporation at any annual or special meeting of shareholders by a majority vote of the whole Board of Directors at any regular meeting of the Board or at any special meeting of the Board if notice thereof has been given in the notice of such special meeting. Nothing in this Article shall be construed to limit the power of the shareholders to make, alter, amend or repeal Bylaws of the Corporation at any annual or special meeting of shareholders by a majority vote of the shareholders present and entitled to vote at such meeting, provided a quorum is present.
Exhibit B-43
KLT GAS OPERATING COMPANY
AMENDED AND RESTATED
BYLAWS
ARTICLE I
Offices
Section 1. The Corporation, by resolution of its shareholders, may change the location of its registered office as designated in the articles of incorporation to any other place in Missouri. By like resolution, the registered agent at such registered office may be changed to any other person or corporation, including the Corporation. Upon adoption of such a resolution, a certificate certifying the change shall be executed, acknowledged and filed with the Secretary of State of Missouri.
Section 2. The Corporation also may have offices at such other places either within or without the State of Missouri as the shareholders may from time to time determine or the business of the Corporation may require.
ARTICLE II
Shareholders
Section 1. All meetings of shareholders shall be held at such place within or without the State of Missouri as may be selected by the shareholders, but if the shareholders shall fail to designate a place for said meeting to be held, then the same shall be held at the registered office of the Corporation.
Section 2. An annual meeting of the shareholders shall be held on the second Tuesday of April in each year, if not a legal holiday, and if a legal holiday, then on the next succeeding day not a legal holiday, for the purpose of electing directors of the Corporation and transacting such other business as may properly be brought before the meeting.
Section 3. Special meetings of the shareholders may be called by the President or by the holders of not less than one-fifth of all outstanding shares entitled to vote at such meeting.
Section 4. Written or printed notice of each meeting of the shareholders, annual or special, shall be given in the manner provided in the corporation laws of the State of Missouri. In case of a call for any special meeting, the notice shall state the time, place and purpose of such meeting.
Any notice of a shareholders' meeting sent by mail shall be deemed to be delivered when deposited in the United States mail with postage thereon prepaid addressed to the shareholder at his address as it appears on the records of the Corporation.
Section 5. Meetings of the shareholders may be held without notice at any time and place, either within or without the State of Missouri, if all shareholders entitled to vote at any such meeting shall have waived notice thereof or shall be present in person or represented by proxy, and any action required to be taken by shareholders may be taken at any such meeting.
Section 6. At least ten days before each meeting of the shareholders, a complete list of the shareholders entitled to vote at such meeting, arranged in alphabetical order with the address of and the number of shares held by each, shall be prepared by the officer having charge of the transfer book for shares of the Corporation. Such list, for a period of ten days prior to such meeting, shall be kept on file at the registered office of the Corporation and shall be subject to inspection by any shareholder at any time during usual business hours. Such list shall also be produced and kept open at the time and place of the meeting and shall be subject to the inspection of any shareholder during the whole time of the meeting. The original share ledger or transfer book, or a duplicate thereof kept in the State of Missouri, shall be prima facie evidence as to who are the shareholders entitled to examine such list or share ledger or transfer book or to vote at an y meeting of shareholders.
Failure to comply with the requirements of this Section shall not affect the validity of any action taken at any such meeting.
Section 7. Each outstanding share entitled to vote under the provisions of the Certificate of Incorporation of the Corporation shall be entitled to one vote on each matter submitted at a meeting of the shareholders. A shareholder may vote either in person or by proxy executed in writing by the shareholder or by his duly authorized attorney-in-fact. No proxy shall be valid after eleven months from the date of its execution, unless otherwise provided in the proxy.
Section 8. At any meeting of shareholders, a majority of the outstanding shares entitled to vote represented in person or by proxy shall constitute a quorum for the transaction of business, except as otherwise provided by statute or by the Certificate of Incorporation or by these Bylaws. The holders of a majority of the shares represented in person or by proxy and entitled to vote at any meeting of the shareholders shall have the right successively to adjourn the meeting to the same or a different location and to a specified date not longer than ninety days after any such adjournment, whether or not a quorum be present. The time and place to which any such adjournment is taken shall be publicly announced at the meeting, and no notice need be given of any such adjournment to shareholders not present at the meeting. At any such adjourned meeting at which a quorum shall be present, any business may be transacted which might have been transacted at the meet ing as originally called.
Section 9. Shares standing in the name of another corporation may be voted by such officer, agent, or proxy, as the bylaws of such corporation may prescribe, or in the absence of such provision, as the shareholders of such corporation may determine.
Section 10. The President of the Corporation shall convene all meetings of the shareholders and shall act as chairman thereof. The Shareholders may appoint any other officer of the Corporation or shareholder to act as chairman of any meeting of the shareholders in the absence of the President.
The Secretary of the Corporation shall act as secretary of all meetings of shareholders. In the absence of the Secretary at any meeting of shareholders, the presiding officer may appoint any person to act as secretary of the meeting.
Section 11. Unless otherwise provided by statute or by the Certificate of Incorporation, any action required to be taken by shareholders may be taken without a meeting if a consent in writing, setting forth the action so taken, shall be signed by all of the shareholders entitled to vote with respect to the subject matter thereof.
ARTICLE III
Board of Directors
Section 1. Pursuant to Section 351.805, RSMo, the Articles of Incorporation of the Corporation provide that the Corporation shall operate without a board of directors.
Section 2. All corporate powers shall be exercised by or under the authority of, and the business and affairs of the Corporation managed under the direction of, the shareholders.
Section 3. Unless the Articles of Incorporation provide otherwise, action requiring director approval or both director and shareholder approval is authorized if approved by the shareholders, and action requiring a majority or greater percentage vote of the board of directors is authorized if approved by the majority or greater percentage of the votes of shareholders entitled to vote on the action.
Section 4. A requirement by a state of the United States that a document delivered for filing contained a statement that specified action has been taken by the board of directors is satisfied by a statement that the Corporation is a statutory close corporation without a board of directors and that the action was approved by the shareholders.
Section 5. The shareholders by resolution may appoint one or more shareholders to sign documents as "designated directors".
Section 6. A shareholder is not liable for his act or omission, although a director would be, unless the shareholder was entitled to vote on the action.
ARTICLE IV
Officers
Section 1. The officers of the Corporation may include a President, one or more Vice Presidents, a Secretary, and a Treasurer, all of whom shall be appointed by the shareholders. Any one person may hold two or more offices except that the offices of President and Secretary may not be held by the same person.
Section 2. The officers shall be elected annually by the shareholders. The office of the Vice President may or may not be filled as may be deemed advisable by the shareholders.
Section 3. The shareholders may from time to time appoint such other officers as they shall deem necessary or expedient, who shall hold their offices for such terms and shall exercise such powers and perform such duties as the shareholders or the President may from time to time determine.
Section 4. The officers of the Corporation shall hold office until their successors shall be chosen and shall qualify. Any officer appointed by the shareholders may be removed at any time by the affirmative vote of the shareholders. If the office of any officer becomes vacant for any reason, or if any new office shall be created, the vacancy may be filled by the shareholders.
Section 5. The salaries, if any, of all officers of the Corporation shall be fixed by the shareholders.
ARTICLE V
Powers and Duties of Officers
Section 1. The President shall be the principal executive officer of the Corporation. He/she shall preside at all meetings of the shareholders and shall perform such other duties as the shareholders shall from time to time prescribe.
Section 2. The President shall have general and active management of, and exercise general supervision of, the business and affairs of the Corporation, subject, however, to the right of the shareholders to delegate any specific power to any other officer or officers of the Corporation, and shall see that all orders and resolutions of the shareholders are carried into effect. He/she may sign with the Secretary of the Corporation stock certificates, deeds, mortgages, bonds, contracts or other instruments; and in general shall perform all duties incident to the office of president and such other duties as may be prescribed by the shareholders from time to time.
Section 3. In the absence of the President or in the event of his/her inability or refusal to act, the Vice President (or in the event there be more than one vice president, the vice presidents in the order designated, or in the absence of any designation, then in the order of election) shall perform the duties of the President and when so acting, shall have the powers of the President, and shall perform such other duties as from time to time may be assigned to him/her by the President or by the shareholders.
Section 4. The Secretary shall attend all meetings of the shareholders and shall keep the minutes of such meetings. He/she shall give, or cause to be given, notice of all meetings of the shareholders, and shall perform such other duties as may be prescribed by the shareholders or President.
The Secretary shall keep the corporate books and records, prepare the necessary reports to the State and to the directors. He/she shall in all respects perform those usual and customary duties which such officer performs in business corporations.
Section 5. The Treasurer shall have the custody of all moneys and securities of the Corporation. He/she is authorized to collect and receive all moneys due the Corporation and to receipt therefor, and to endorse in the name of the Corporation and on its behalf, when necessary or proper, all checks, drafts, vouchers or other instruments for the payment of money to the Corporation and to deposit the same to the credit of the Corporation in such depositaries as may be designated by the shareholders. He/she is authorized to pay interest on obligations and dividends on stocks of the Corporation when due and payable. He/she shall, when necessary or proper, disburse the funds of the Corporation, taking proper vouchers for such disbursements. He/she shall render to the shareholders and the President, whenever they may require it, an account of all transactions as Treasurer and of the financial condition of the Corporation. He/she shall perform such other duties as may be prescribed by the shareholders or the President.
Section 6. Unless otherwise ordered by the shareholders, the President or any Vice President of the Corporation (a) shall have full power and authority to attend and to act and vote, in the name and on behalf of this Corporation, at any meeting of shareholders of any corporation in which this Corporation may hold stock, and at any such meeting shall possess and may exercise any and all of the rights and powers incident to the ownership of such stock, and (b) shall have full power and authority to execute, in the name and on behalf of this Corporation, proxies authorizing any suitable person or persons to act and to vote at any meeting of shareholders of any corporation in which this Corporation may hold stock, and at any such meeting the person or persons so designated shall possess and may exercise any and all of the rights and powers incident to the ownership of such stock.
ARTICLE VI
Certificates of Stock
Section 1. The shareholders shall provide for the issue, transfer and registration of the certificates representing the shares of capital stock of the Corporation, and shall appoint the necessary officers, transfer agents and registrars for that purpose.
Section 2. Until otherwise ordered by the shareholders, stock certificates shall be signed by the President or a Vice President and by the Secretary. In case any officer or officers who shall have signed, or whose facsimile signature or signatures shall have been used on, any stock certificate or certificates shall cease to be such officer or officers of the Corporation, whether because of death, resignation or otherwise, before such certificate or certificates shall have been delivered by the Corporation, such certificate or certificates may nevertheless be issued by the Corporation with the same effect as if the person or persons who signed such certificate or certificates or whose facsimile signature or signatures shall have been used thereon had not ceased to be such officer or officers of the Corporation.
Section 3. Transfers of stock shall be made on the books of the Corporation only by the person in whose name such stock is registered or by his attorney lawfully constituted in writing, and unless otherwise authorized by the shareholders, only on surrender and cancellation of the certificate transferred. No stock certificate shall be issued to a transferee until the transfer has been made on the books of the Corporation. The person in whose name shares stand on the books of the Corporation shall be deemed the owner thereof for all purposes as regards the Corporation.
ARTICLE VII
Dividends
Dividends may be declared at such times as the shareholders shall determine from the net earnings, or earned surplus, in accordance with law. Stock dividends may be declared if justified and provided capital is not impaired by such action.
ARTICLE VIII
Fiscal Year
Section 1. The fiscal year of the Corporation shall be the calendar year.
ARTICLE IX
Waiver of Notice
Whenever by statute or by the Certificate of Incorporation or by these Bylaws any notice whatever is required to be given, a waiver thereof in writing signed by the person or persons entitled to such notice, whether before or after the time stated therein, shall be deemed equivalent to the giving of such notice.
ARTICLE X
Indemnification by the Corporation
The Corporation shall indemnify to the full extent authorized or permitted by The General and Business Corporation Law of Missouri, as now in effect or as hereafter amended, any person made or threatened to be made, a party to any threatened, pending or completed action, suit or proceeding (whether civil, criminal, administrative or investigative, including an action by or in the right of the Corporation) by reason of the fact that he/she is or was a shareholder, officer, employee or agent of the Corporation or serves any other enterprises as such at the request of the Corporation.
The foregoing right of indemnification shall be deemed exclusive of any other rights to which such persons may be entitled apart from this Article X. The foregoing right of indemnification shall continue as to a person who has ceased to be a shareholder, officer, employee or agent and shall inure to the benefit of the heirs, executors and administrators of such a person.
ARTICLE XI
Amendments
The shareholders may make, alter, amend or repeal Bylaws of the Corporation at any annual or special meeting of shareholders by a majority vote of the shareholders present and entitled to vote at such meeting, provided a quorum is present.
Exhibit B-47
KLT TELECOM INC.
AMENDED AND RESTATED
BYLAWS
ARTICLE I
Offices
Section 1. The Corporation, by resolution of its shareholders, may change the location of its registered office as designated in the articles of incorporation to any other place in Missouri. By like resolution, the registered agent at such registered office may be changed to any other person or corporation, including the Corporation. Upon adoption of such a resolution, a certificate certifying the change shall be executed, acknowledged and filed with the Secretary of State of Missouri.
Section 2. The Corporation also may have offices at such other places either within or without the State of Missouri as the shareholders may from time to time determine or the business of the Corporation may require.
ARTICLE II
Shareholders
Section 1. All meetings of shareholders shall be held at such place within or without the State of Missouri as may be selected by the shareholders, but if the shareholders shall fail to designate a place for said meeting to be held, then the same shall be held at the registered office of the Corporation.
Section 2. An annual meeting of the shareholders shall be held on the second Tuesday of April in each year, if not a legal holiday, and if a legal holiday, then on the next succeeding day not a legal holiday, for the purpose of electing directors of the Corporation and transacting such other business as may properly be brought before the meeting.
Section 3. Special meetings of the shareholders may be called by the President or by the holders of not less than one-fifth of all outstanding shares entitled to vote at such meeting.
Section 4. Written or printed notice of each meeting of the shareholders, annual or special, shall be given in the manner provided in the corporation laws of the State of Missouri. In case of a call for any special meeting, the notice shall state the time, place and purpose of such meeting.
Any notice of a shareholders' meeting sent by mail shall be deemed to be delivered when deposited in the United States mail with postage thereon prepaid addressed to the shareholder at his address as it appears on the records of the Corporation.
Section 5. Meetings of the shareholders may be held without notice at any time and place, either within or without the State of Missouri, if all shareholders entitled to vote at any such meeting shall have waived notice thereof or shall be present in person or represented by proxy, and any action required to be taken by shareholders may be taken at any such meeting.
Section 6. At least ten days before each meeting of the shareholders, a complete list of the shareholders entitled to vote at such meeting, arranged in alphabetical order with the address of and the number of shares held by each, shall be prepared by the officer having charge of the transfer book for shares of the Corporation. Such list, for a period of ten days prior to such meeting, shall be kept on file at the registered office of the Corporation and shall be subject to inspection by any shareholder at any time during usual business hours. Such list shall also be produced and kept open at the time and place of the meeting and shall be subject to the inspection of any shareholder during the whole time of the meeting. The original share ledger or transfer book, or a duplicate thereof kept in the State of Missouri, shall be prima facie evidence as to who are the shareholders entitled to examine such list or share ledger or transfer book or to vote at an y meeting of shareholders.
Failure to comply with the requirements of this Section shall not affect the validity of any action taken at any such meeting.
Section 7. Each outstanding share entitled to vote under the provisions of the Certificate of Incorporation of the Corporation shall be entitled to one vote on each matter submitted at a meeting of the shareholders. A shareholder may vote either in person or by proxy executed in writing by the shareholder or by his duly authorized attorney-in-fact. No proxy shall be valid after eleven months from the date of its execution, unless otherwise provided in the proxy.
Section 8. At any meeting of shareholders, a majority of the outstanding shares entitled to vote represented in person or by proxy shall constitute a quorum for the transaction of business, except as otherwise provided by statute or by the Certificate of Incorporation or by these Bylaws. The holders of a majority of the shares represented in person or by proxy and entitled to vote at any meeting of the shareholders shall have the right successively to adjourn the meeting to the same or a different location and to a specified date not longer than ninety days after any such adjournment, whether or not a quorum be present. The time and place to which any such adjournment is taken shall be publicly announced at the meeting, and no notice need be given of any such adjournment to shareholders not present at the meeting. At any such adjourned meeting at which a quorum shall be present, any business may be transacted which might have been transacted at the meet ing as originally called.
Section 9. Shares standing in the name of another corporation may be voted by such officer, agent, or proxy, as the bylaws of such corporation may prescribe, or in the absence of such provision, as the shareholders of such corporation may determine.
Section 10. The President of the Corporation shall convene all meetings of the shareholders and shall act as chairman thereof. The Shareholders may appoint any other officer of the Corporation or shareholder to act as chairman of any meeting of the shareholders in the absence of the President.
The Secretary of the Corporation shall act as secretary of all meetings of shareholders. In the absence of the Secretary at any meeting of shareholders, the presiding officer may appoint any person to act as secretary of the meeting.
Section 11. Unless otherwise provided by statute or by the Certificate of Incorporation, any action required to be taken by shareholders may be taken without a meeting if a consent in writing, setting forth the action so taken, shall be signed by all of the shareholders entitled to vote with respect to the subject matter thereof.
ARTICLE III
Board of Directors
Section 1. Pursuant to Section 351.805, RSMo, the Articles of Incorporation of the Corporation provide that the Corporation shall operate without a board of directors.
Section 2. All corporate powers shall be exercised by or under the authority of, and the business and affairs of the Corporation managed under the direction of, the shareholders.
Section 3. Unless the Articles of Incorporation provide otherwise, action requiring director approval or both director and shareholder approval is authorized if approved by the shareholders, and action requiring a majority or greater percentage vote of the board of directors is authorized if approved by the majority or greater percentage of the votes of shareholders entitled to vote on the action.
Section 4. A requirement by a state of the United States that a document delivered for filing contained a statement that specified action has been taken by the board of directors is satisfied by a statement that the Corporation is a statutory close corporation without a board of directors and that the action was approved by the shareholders.
Section 5. The shareholders by resolution may appoint one or more shareholders to sign documents as "designated directors".
Section 6. A shareholder is not liable for his act or omission, although a director would be, unless the shareholder was entitled to vote on the action.
ARTICLE IV
Officers
Section 1. The officers of the Corporation may include a President, one or more Vice Presidents, a Secretary, and a Treasurer, all of whom shall be appointed by the shareholders. Any one person may hold two or more offices except that the offices of President and Secretary may not be held by the same person.
Section 2. The officers shall be elected annually by the shareholders. The office of the Vice President may or may not be filled as may be deemed advisable by the shareholders.
Section 3. The shareholders may from time to time appoint such other officers as they shall deem necessary or expedient, who shall hold their offices for such terms and shall exercise such powers and perform such duties as the shareholders or the President may from time to time determine.
Section 4. The officers of the Corporation shall hold office until their successors shall be chosen and shall qualify. Any officer appointed by the shareholders may be removed at any time by the affirmative vote of the shareholders. If the office of any officer becomes vacant for any reason, or if any new office shall be created, the vacancy may be filled by the shareholders.
Section 5. The salaries, if any, of all officers of the Corporation shall be fixed by the shareholders.
ARTICLE V
Powers and Duties of Officers
Section 1. The President shall be the principal executive officer of the Corporation. He/she shall preside at all meetings of the shareholders and shall perform such other duties as the shareholders shall from time to time prescribe.
Section 2. The President shall have general and active management of, and exercise general supervision of, the business and affairs of the Corporation, subject, however, to the right of the shareholders to delegate any specific power to any other officer or officers of the Corporation, and shall see that all orders and resolutions of the shareholders are carried into effect. He/she may sign with the Secretary of the Corporation stock certificates, deeds, mortgages, bonds, contracts or other instruments; and in general shall perform all duties incident to the office of president and such other duties as may be prescribed by the shareholders from time to time.
Section 3. In the absence of the President or in the event of his/her inability or refusal to act, the Vice President (or in the event there be more than one vice president, the vice presidents in the order designated, or in the absence of any designation, then in the order of election) shall perform the duties of the President and when so acting, shall have the powers of the President, and shall perform such other duties as from time to time may be assigned to him/her by the President or by the shareholders.
Section 4. The Secretary shall attend all meetings of the shareholders and shall keep the minutes of such meetings. He/she shall give, or cause to be given, notice of all meetings of the shareholders, and shall perform such other duties as may be prescribed by the shareholders or President.
The Secretary shall keep the corporate books and records, prepare the necessary reports to the State and to the shareholders. He/she shall in all respects perform those usual and customary duties which such officer performs in business corporations.
Section 5. The Treasurer shall have the custody of all moneys and securities of the Corporation. He/she is authorized to collect and receive all moneys due the Corporation and to receipt therefor, and to endorse in the name of the Corporation and on its behalf, when necessary or proper, all checks, drafts, vouchers or other instruments for the payment of money to the Corporation and to deposit the same to the credit of the Corporation in such depositaries as may be designated by the shareholders. He/she is authorized to pay interest on obligations and dividends on stocks of the Corporation when due and payable. He/she shall, when necessary or proper, disburse the funds of the Corporation, taking proper vouchers for such disbursements. He/she shall render to the shareholders and the President, whenever they may require it, an account of all transactions as Treasurer and of the financial condition of the Corporation. He/she shall perform such other duties as may be prescribed by the shareholders or the President.
Section 6. Unless otherwise ordered by the shareholders, the President or any Vice President of the Corporation (a) shall have full power and authority to attend and to act and vote, in the name and on behalf of this Corporation, at any meeting of shareholders of any corporation in which this Corporation may hold stock, and at any such meeting shall possess and may exercise any and all of the rights and powers incident to the ownership of such stock, and (b) shall have full power and authority to execute, in the name and on behalf of this Corporation, proxies authorizing any suitable person or persons to act and to vote at any meeting of shareholders of any corporation in which this Corporation may hold stock, and at any such meeting the person or persons so designated shall possess and may exercise any and all of the rights and powers incident to the ownership of such stock.
ARTICLE VI
Certificates of Stock
Section 1. The shareholders shall provide for the issue, transfer and registration of the certificates representing the shares of capital stock of the Corporation, and shall appoint the necessary officers, transfer agents and registrars for that purpose.
Section 2. Until otherwise ordered by the shareholders, stock certificates shall be signed by the President or a Vice President and by the Secretary. In case any officer or officers who shall have signed, or whose facsimile signature or signatures shall have been used on, any stock certificate or certificates shall cease to be such officer or officers of the Corporation, whether because of death, resignation or otherwise, before such certificate or certificates shall have been delivered by the Corporation, such certificate or certificates may nevertheless be issued by the Corporation with the same effect as if the person or persons who signed such certificate or certificates or whose facsimile signature or signatures shall have been used thereon had not ceased to be such officer or officers of the Corporation.
Section 3. Transfers of stock shall be made on the books of the Corporation only by the person in whose name such stock is registered or by his attorney lawfully constituted in writing, and unless otherwise authorized by the shareholders, only on surrender and cancellation of the certificate transferred. No stock certificate shall be issued to a transferee until the transfer has been made on the books of the Corporation. The person in whose name shares stand on the books of the Corporation shall be deemed the owner thereof for all purposes as regards the Corporation.
ARTICLE VII
Dividends
Dividends may be declared at such times as the shareholders shall determine from the net earnings, or earned surplus, in accordance with law. Stock dividends may be declared if justified and provided capital is not impaired by such action.
ARTICLE VIII
Fiscal Year
Section 1. The fiscal year of the Corporation shall be the calendar year.
ARTICLE IX
Waiver of Notice
Whenever by statute or by the Certificate of Incorporation or by these Bylaws any notice whatever is required to be given, a waiver thereof in writing signed by the person or persons entitled to such notice, whether before or after the time stated therein, shall be deemed equivalent to the giving of such notice.
ARTICLE X
Indemnification by the Corporation
The Corporation shall indemnify to the full extent authorized or permitted by The General and Business Corporation Law of Missouri, as now in effect or as hereafter amended, any person made or threatened to be made, a party to any threatened, pending or completed action, suit or proceeding (whether civil, criminal, administrative or investigative, including an action by or in the right of the Corporation) by reason of the fact that he/she is or was a shareholder, officer, employee or agent of the Corporation or serves any other enterprises as such at the request of the Corporation.
The foregoing right of indemnification shall be deemed exclusive of any other rights to which such persons may be entitled apart from this Article X. The foregoing right of indemnification shall continue as to a person who has ceased to be a shareholder, officer, employee or agent and shall inure to the benefit of the heirs, executors and administrators of such a person.
ARTICLE XI
Amendments
The shareholders may make, alter, amend or repeal Bylaws of the Corporation at any annual or special meeting of shareholders by a majority vote of the shareholders present and entitled to vote at such meeting, provided a quorum is present.
Exhibit B-56
State of Missouri
Corporations Division
P.O. Box 778, Jefferson City, MO 65102
James C. Kirkpatrick State Information Center
600 W. Main Street, Rm 322, Jefferson City, MO 65101
Articles of Incorporation For
A Close Corporation
The undersigned natural person(s) of the age of eighteen years or more for the purpose of forming a statutory close corporation under The General and Business Corporation Law of Missouri adopt the following Articles of Incorporation:
Article One
The name of the corporation is Great Plains Energy Services Incorporated and it is a statutory close corporation.
Article Two
The name and address of its initial registered agent in this state is:
Jeanie Sell Latz, 1201 Walnut, Kansas City, Missouri 64106-2124 .
Name Street Address City/State/Zip
Article Three
(A) The aggregate number, class and par value, if any, of shares which the corporation shall have authority to issue are as follows:
One Hundred (100) shares, all of which shall be no par common stock.
(B) The preferences, qualifications, limitations, restrictions, and the special or relative rights, including convertible rights, if any, in respect to the shares of each class are as follows:
There shall be no preferences, qualifications, limitations, restrictions or special or relative rights, including convertible rights, in respect to the shares herein authorized.
Article Four
(A) The transfer of shares by a living shareholder are as follows:
1. Governed by section 351.770; or
2. Stated as follows (state conditions for transfer):
There are no conditions or restrictions on transfer.
(B) The transfer of shares of a deceased shareholder are as follows:
1. Governed by sections 351.780, 785 & 790 and modified as follows (state modifying conditions if any):
or
2. Governed by the following conditions:
There are no conditions or restrictions on transfer.
Article Five
The name and place of residence of each incorporator is as follows:
Bernard J. Beaudoin, 11439 West 105th Terrace, Overland Park, Kansas 66214
Name Address City/State/Zip
Article Six
(Choose One)
☒
The corporation does not have a board of directors; or⃞
The number of directors to constitute the first board of directors is ____________________________. Thereafter the number of directors shall be fixed by, or the manner provided in the bylaws. Any changes in the number will be reported to the Secretary of State within thirty calendar days of such change; or⃞
The number of directors to constitute the board of directors is ___________________. (The number of directors to constitute the board of directors must be stated herein if there are to be less than three directors. The person to constitute the first board of directors may, but not need, be named.)Article Seven
The duration of the corporation is perpetual .
Article Eight
The corporation is formed for the following purposes:
In general, to carry on any other business in connection with each and all of the foregoing or incidental thereto, and to carry one, transact and engage in any and every lawful business or other lawful thing calculated to be of gain, profit or benefit to the Corporation as fully and freely as a natural person might do, to the extent and in the manner, anywhere within and without the State of Missouri, as it may from time to time determine, and to have and exercise each and all of the powers and privileges, either direct or incidental, which are given and provided by or are available under the laws of the State of Missouri in respect of business corporations organized for profit thereunder; provided, however, that the Corporation shall not engage in any activity for which a corporation may not be formed under the laws of the State of Missouri.
Article Nine
This close corporation shall be dissolved in the following manner (complete both A & B):
(A) The following shareholder or shareholders have authority to dissolve the corporation (indicate all if all have authority and the percentage of votes required to vote on the dissolution, otherwise list name of individual shareholders with authority to dissolve): All shareholders have authority to vote on a proposal of dissolution. Such proposal must be approved by at least 2/3 of the votes entitled to be case on the proposal.
(B) The above shareholders may dissolve the corporation as follows:
1. At will (check here X ); or
2. Upon the occurrence or the following specified event(s) or contingency(ies):
Article Ten
The following statement shall appear conspicuously on each share certificate:
The rights of shareholders in a statutory close corporation may differ materially from the rights of shareholders in other corporations. Copies of the articles of incorporation and bylaws, shareholders' agreements, and other documents, any of which may restrict transfers and affect voting and other rights, may be obtained by a shareholder on written request to the corporation. (351.760, RSMo)
Article Eleven
(Any additional optional statements)
The effective date of this document is the date it is filed by the Secretary of State of Missouri, unless you indicate a future date, as follows: April 1, 2003
(Date may not be more than 90 days after the filing date in this office)
In affirmation thereof, the facts stated above are true.
/s/B. J. Beaudoin Bernard J. Beaudoin 3/25/03
Signature of Incorporator(s) Printed or Typed Date of Signature
Name of Incorporator(s)
FILED
MAR 25 2003
/s/Matt Blunt
SECRETARY OF STATE
Exhibit B-57
GREAT PLAINS ENERGY SERVICES INCORPORATED
AMENDED AND RESTATED
BY-LAWS
October 14, 2003
GREAT PLAINS ENERGY SERVICES INCORPORATED
AMENDED AND RESTATED
BY-LAWS
ARTICLE I
Offices
Section 1. The Corporation, by resolution of its shareholders, may change the location of its registered office as designated in the articles of incorporation to any other place in Missouri. By like resolution, the registered agent at such registered office may be changed to any other person or corporation, including the Corporation. Upon adoption of such a resolution, a certificate certifying the change shall be executed, acknowledged and filed with the Secretary of State of Missouri.
Section 2. The Corporation also may have offices at such other places either within or without the State of Missouri as the shareholders may from time to time determine or the business of the Corporation may require.
ARTICLE II
Shareholders
Section 1. All meetings of shareholders shall be held at such place within or without the State of Missouri as may be selected by the shareholders, but if the shareholders shall fail to designate a place for said meeting to be held, then the same shall be held at the registered office of the Corporation.
Section 2. An annual meeting of the shareholders shall be held on the first Tuesday of May in each year, if not a legal holiday, and if a legal holiday, then on the first succeeding day which is not a legal holiday, at ten o'clock in the forenoon, for the purpose of electing directors of the Company and transacting such other business as may properly be brought before the meeting.
Section 3. Special meetings of the shareholders may be called by the President or by the holders of not less than one-fifth of all outstanding shares entitled to vote at such meeting.
Section 4. Written or printed notice of each meeting of the shareholders, annual or special, shall be given in the manner provided in the corporation laws of the State of Missouri. In case of a call for any special meeting, the notice shall state the time, place and purpose of such meeting.
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Any notice of a shareholders' meeting sent by mail shall be deemed to be delivered when deposited in the United States mail with postage thereon prepaid addressed to the shareholder at his address as it appears on the records of the Corporation.
Section 5. Meetings of the shareholders may be held without notice at any time and place, either within or without the State of Missouri, if all shareholders entitled to vote at any such meeting shall have waived notice thereof or shall be present in person or represented by proxy, and any action required to be taken by shareholders may be taken at any such meeting.
Section 6. At least ten days before each meeting of the shareholders, a complete list of the shareholders entitled to vote at such meeting, arranged in alphabetical order with the address of and the number of shares held by each, shall be prepared by the officer having charge of the transfer book for shares of the Corporation. Such list, for a period of ten days prior to such meeting, shall be kept on file at the registered office of the Corporation and shall be subject to inspection by any shareholder at any time during usual business hours. Such list shall also be produced and kept open at the time and place of the meeting and shall be subject to the inspection of any shareholder during the whole time of the meeting. The original share ledger or transfer book, or a duplicate thereof kept in the State of Missouri, shall be prima facie evidence as to who are the shareholders entitled to examine such list or share ledger or transfer book or to vote at an y meeting of shareholders.
Failure to comply with the requirements of this Section shall not affect the validity of any action taken at any such meeting.
Section 7. Each outstanding share entitled to vote under the provisions of the Articles of Incorporation of the Corporation shall be entitled to one vote on each matter submitted at a meeting of the shareholders. A shareholder may vote either in person or by proxy executed in writing by the shareholder or by his duly authorized attorney-in-fact. No proxy shall be valid after eleven months from the date of its execution, unless otherwise provided in the proxy.
Section 8. At any meeting of shareholders, a majority of the outstanding shares entitled to vote represented in person or by proxy shall constitute a quorum for the transaction of business, except as otherwise provided by statute or by the Articles of Incorporation or by these By-Laws. The holders of a majority of the shares represented in person or by proxy and entitled to vote at any meeting of the shareholders shall have the right successively to adjourn the meeting to the same or a different location and to a specified date not longer than ninety days after any such adjournment, whether or not a quorum be present. The time and place to which any such adjournment is taken shall be publicly announced at the meeting, and no notice need be given of any such adjournment to shareholders not present at the meeting. At any such adjourned meeting at which a quorum shall be present, any business may be transacted which might have been transacted at the meetin g as originally called.
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Section 9. Shares standing in the name of another corporation may be voted by such officer, agent, or proxy, as the by-laws of such corporation may prescribe, or in the absence of such provision, as the shareholders of such corporation may determine.
Section 10. The President of the Corporation shall convene all meetings of the shareholders and shall act as chairman thereof. The shareholders may appoint any other officer of the Corporation or shareholder to act as chairman of any meeting of the shareholders in the absence of the President.
The Secretary of the Corporation shall act as secretary of all meetings of shareholders. In the absence of the Secretary at any meeting of shareholders, the presiding officer may appoint any person to act as secretary of the meeting.
Section 11. Unless otherwise provided by statute or by the Articles of Incorporation, any action required to be taken by shareholders may be taken without a meeting if a consent in writing, setting forth the action so taken, shall be signed by all of the shareholders entitled to vote with respect to the subject matter thereof.
ARTICLE III
Board of Directors
Section 1. Pursuant to Section 351.805, RSMo, the Articles of Incorporation of the Corporation provide that the Corporation shall operate without a board of directors.
Section 2. All corporate powers shall be exercised by or under the authority of, and the business and affairs of the Corporation managed under the direction of, the shareholders.
Section 3. Unless the Articles of Incorporation provide otherwise, action requiring director approval or both director and shareholder approval is authorized if approved by the shareholders, and action requiring a majority or greater percentage vote of the board of directors is authorized if approved by the majority or greater percentage of the votes of shareholders entitled to vote on the action.
Section 4. A requirement by a state of the United States that a document delivered for filing contained a statement that specified action has been taken by the board of directors is satisfied by a statement that the Corporation is a statutory close corporation without a board of directors and that the action was approved by the shareholders.
Section 5. The shareholders by resolution may appoint one or more shareholders to sign documents as "designated directors".
Section 6. A shareholder is not liable for his act or omission, although a director would be, unless the shareholder was entitled to vote on the action.
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ARTICLE IV
Officers
Section 1. The officers of the Corporation may include a President, one or more Vice Presidents, a Secretary, and a Treasurer, all of whom shall be appointed by the shareholders. Any one person may hold two or more offices except that the offices of President and Secretary may not be held by the same person.
Section 2. The officers shall be elected annually by the shareholders. The office of the Vice President may or may not be filled as may be deemed advisable by the shareholders.
Section 3. The shareholders may from time to time appoint such other officers as it shall deem necessary or expedient, who shall hold their offices for such terms and shall exercise such powers and perform such duties as the shareholders or the President may from time to time determine.
Section 4. The officers of the Corporation shall hold office until their successors shall be chosen and shall qualify. Any officer appointed by the shareholders may be removed at any time by the affirmative vote of a majority of the shareholders. If the office of any officer becomes vacant for any reason, or if any new office shall be created, the vacancy may be filled by the shareholders.
Section 5. The salaries, if any, of all officers of the Corporation shall be fixed by the shareholders.
ARTICLE V
Powers and Duties of Officers
Section 1. The President shall be the principal executive officer of the Corporation. He/she shall preside at all meetings of the shareholders and shall perform such other duties as the shareholders shall from time to time prescribe.
Section 2. The President shall have general and active management of, and exercise general supervision of, the business and affairs of the Corporation, subject, however, to the right of the shareholders to delegate any specific power to any other officer or officers of the Corporation, and shall see that all orders and resolutions of the shareholders are carried into effect. He/she may sign with the Secretary of the Corporation stock certificates, deeds, mortgages, bonds, contracts or other instruments; and in general shall perform all duties incident to the office of president and such other duties as may be prescribed by the shareholders from time to time.
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Section 3. In the absence of the President or in the event of his/her inability or refusal to act, the Vice President (or in the event there be more than one vice president, the vice presidents in the order designated, or in the absence of any designation, then in the order of election) shall perform the duties of the President and when so acting, shall have the powers of the President, and shall perform such other duties as from time to time may be assigned to him/her by the President or by the shareholders.
Section 4. The Secretary shall attend all meetings of the shareholders and shall keep the minutes of such meetings. He/she shall give, or cause to be given, notice of all meetings of the shareholders and shall perform such other duties as may be prescribed by the shareholders or President.
The Secretary shall keep the corporate books and records, prepare the necessary reports to the State and to the shareholders. He/she shall in all respects perform those usual and customary duties which such officer performs in business corporations.
Section 5. The Treasurer shall have the custody of all moneys and securities of the Corporation. He/she is authorized to collect and receive all moneys due the Corporation and to receipt therefor, and to endorse in the name of the Corporation and on its behalf, when necessary or proper, all checks, drafts, vouchers or other instruments for the payment of money to the Corporation and to deposit the same to the credit of the Corporation in such depositaries as may be designated by the shareholders. He/she is authorized to pay interest on obligations and dividends on stocks of the Corporation when due and payable. He/she shall, when necessary or proper, disburse the funds of the Corporation, taking proper vouchers for such disbursements. He/she shall render to the shareholders and the President, whenever they may require it, an account of all transactions as Treasurer and of the financial condition of the Corporation. He/she shall perform such other duties as may be prescribed by the shareholders or the President.
Section 6. Unless otherwise ordered by the shareholders, the President or any Vice President of the Corporation (a) shall have full power and authority to attend and to act and vote, in the name and on behalf of this Corporation, at any meeting of shareholders of any corporation in which this Corporation may hold stock, and at any such meeting shall possess and may exercise any and all of the rights and powers incident to the ownership of such stock, and (b) shall have full power and authority to execute, in the name and on behalf of this Corporation, proxies authorizing any suitable person or persons to act and to vote at any meeting of shareholders of any corporation in which this Corporation may hold stock, and at any such meeting the person or persons so designated shall possess and may exercise any and all of the rights and powers incident to the ownership of such stock.
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ARTICLE VI
Certificates of Stock
Section 1. The shareholders shall provide for the issue, transfer and registration of the certificates representing the shares of capital stock of the Corporation, and shall appoint the necessary officers, transfer agents and registrars for that purpose.
Section 2. Until otherwise ordered by the shareholders, stock certificates shall be signed by the President or a Vice President and by the Secretary. In case any officer or officers who shall have signed, or whose facsimile signature or signatures shall have been used on, any stock certificate or certificates shall cease to be such officer or officers of the Corporation, whether because of death, resignation or otherwise, before such certificate or certificates shall have been delivered by the Corporation, such certificate or certificates may nevertheless be issued by the Corporation with the same effect as if the person or persons who signed such certificate or certificates or whose facsimile signature or signatures shall have been used thereon had not ceased to be such officer or officers of the Corporation.
Section 3. Transfers of stock shall be made on the books of the Corporation only by the person in whose name such stock is registered or by his attorney lawfully constituted in writing, and unless otherwise authorized by the shareholders, only on surrender and cancellation of the certificate transferred. No stock certificate shall be issued to a transferee until the transfer has been made on the books of the Corporation. The person in whose name shares stand on the books of the Corporation shall be deemed the owner thereof for all purposes as regards the Corporation.
ARTICLE VII
Dividends
Dividends may be declared at such times as the shareholders shall determine from the net earnings, or earned surplus, in accordance with law. Stock dividends may be declared if justified and provided capital is not impaired by such action.
ARTICLE VIII
Fiscal Year
Section 1. The fiscal year of the Corporation shall be the calendar year.
Section 2. As soon as practicable after the close of each fiscal year, the President shall cause a report of the business and affairs of the Corporation to be made to the shareholders.
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ARTICLE IX
Waiver of Notice
Whenever by statute or by the Articles of Incorporation or by these By-Laws any notice whatever is required to be given, a waiver thereof in writing signed by the person or persons entitled to such notice, whether before or after the time stated therein, shall be deemed equivalent to the giving of such notice.
ARTICLE X
Indemnification by the Corporation
The Corporation shall indemnify to the full extent authorized or permitted by The General and Business Corporation Law of Missouri, as now in effect or as hereafter amended, any person made or threatened to be made, a party to any threatened, pending or completed action, suit or proceeding (whether civil, criminal, administrative or investigative, including an action by or in the right of the Corporation) by reason of the fact that he/she is or was a shareholder, officer, employee or agent of the Corporation or serves any other enterprises as such at the request of the Corporation.
The foregoing right of indemnification shall be deemed exclusive of any other rights to which such persons may be entitled apart from this Article X. The foregoing right of indemnification shall continue as to a person who has ceased to be a director, officer, employee or agent and shall inure to the benefit of the heirs, executors and administrators of such a person.
ARTICLE XI
Amendments
The shareholders may make, alter, amend or repeal By-Laws of the Corporation by a majority vote of the shareholders at any regular meeting of the shareholders or at any special meeting of the shareholders if notice thereof has been given in the notice of such special meeting. Nothing in this Article shall be construed to limit the power of the shareholders to make, alter, amend or repeal By-Laws of the Corporation at any annual or special meeting of shareholders by a majority vote of the shareholders present and entitled to vote at such meeting, provided a quorum is present.
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Exhibit B-58
CERTIFICATE OF TRUST
OF
KCPL FINANCING I
THIS CERTIFICATE OF TRUST of KCPL Financing I (the "Trust"), dated as of December 10, 1996, is being duly executed and filed by the undersigned, as trustees, to create a business trust under the Delaware Business Trust Act (12 Del. C. Section 3801, et seq.).
1. Name. The name of the business trust being created hereby is KCPL Financing I.
2. Delaware Trustee. The name and business address of the trustee of the Trust with a principal place of business in the State of Delaware are First Chicago Delaware Inc., 300 King Street, Wilmington, Delaware 19801.
3. Effective Date. This Certificate of Trust shall be effective as of its filing.
IN WITNESS WHEREOF, the undersigned, being the only trustees of the Trust, have executed this Certificate of Trust as of the date first above written.
FIRST CHICAGO DELAWARE INC., |
ANDREA F. BIELSKER |
|
|
THE FIRST NATIONAL BANK OF |
|
|
Exhibit B-59
CERTIFICATE OF TRUST
OF
KCPL FINANCING II
THIS CERTIFICATE OF TRUST of KCPL Financing II (the "Trust"), dated as of December 10, 1996, is being duly executed and filed by the undersigned, as trustees, to create a business trust under the Delaware Business Trust Act (12 Del. C. Section 3801, et seq.).
1. Name. The name of the business trust being created hereby is KCPL Financing II.
2. Delaware Trustee. The name and business address of the trustee of the Trust with a principal place of business in the State of Delaware are First Chicago Delaware Inc., 300 King Street, Wilmington, Delaware 19801.
3. Effective Date. This Certificate of Trust shall be effective as of its filing.
IN WITNESS WHEREOF, the undersigned, being the only trustees of the Trust, have executed this Certificate of Trust as of the date first above written.
FIRST CHICAGO DELAWARE INC., |
ANDREA F. BIELSKER |
|
|
THE FIRST NATIONAL BANK OF |
|
|
Exhibit B-60
CERTIFICATE OF TRUST
OF
KCPL FINANCING III
THIS CERTIFICATE OF TRUST of KCPL Financing III (the "Trust"), dated as of December 10, 1996, is being duly executed and filed by the undersigned, as trustees, to create a business trust under the Delaware Business Trust Act (12 Del. C. Section 3801, et seq.).
1. Name. The name of the business trust being created hereby is KCPL Financing III.
2. Delaware Trustee. The name and business address of the trustee of the Trust with a principal place of business in the State of Delaware are First Chicago Delaware Inc., 300 King Street, Wilmington, Delaware 19801.
3. Effective Date. This Certificate of Trust shall be effective as of its filing.
IN WITNESS WHEREOF, the undersigned, being the only trustees of the Trust, have executed this Certificate of Trust as of the date first above written.
FIRST CHICAGO DELAWARE INC., |
ANDREA F. BIELSKER |
|
|
|
|
THE FIRST NATIONAL BANK OF |
|
|
|
Exhibit E-2
Kansas City Power & Light Company
EMPLOYEE COMFORT PLUS
(Heat Pump and A/C Financing Program)
As a Kansas City Power & Light or Great Plains Energy employee, you are eligible to receive
ZERO INTEREST FINANCING
for your new residential heat pump or central air conditioning system! Here are some highlights regarding
Employee Comfort Plus:* Employees requesting financing must have completed six months of employment prior to the equipment's installation.
* Financing approval must be received prior to your installation!
* A five-percent transaction fee will be waived on any heat pump purchase with a SEER of 12 and above, or a central air conditioning system with a SEER of 13 and above.
* Finance up to $5,000 for a new central air conditioner (depending on SEER - excludes gas-fired equipment).
* Finance up to $6,000 for a new heat pump (depending on SEER).
* Gas-fired furnaces may be included in the financing of dual-fuel heat pumps.
* If you are a KCP&L customer, your new heat pump system may qualify your home for the reduced eight-month winter pricing!
* The amount financed is deducted monthly from your second paycheck.
* A certified dealer list is available to assist you in finding the perfect HVAC dealer for your heat pump or air conditioning needs.
Before
installing a new heat pump or central air conditioning system in your home, please contact Dave Wagner at 816-556-2169. Ask about Employee Comfort Plus.
Kansas City Power & Light Company
EMPLOYEE COMFORT PLUS
(Heat Pump and A/C Financing Program)
Name |
____________ |
|
Employee No. |
____________ |
||
Home Address |
____________________________ |
KCP&L?___ or GPE?___ |
||||
Work Phone |
____________ |
|
Work Location |
____________ |
||
Employment Date |
____________ |
|
Scheduled Install Date |
____________ |
||
KCPL Customer |
YES__ or NO__ |
|
Social Security No. |
____________ |
After completing this form please attach cost proposal or invoice, from the dealer you have chosen for your installation and fax to Dave Wagner 816-654-1646, or send by interoffice mail to 1201-13. The cost proposal or invoice must include the following information regarding the new equipment:
* Equipment model number(s) for your furnace and air conditioner or heat pump
*
After your paperwork has been reviewed you will be contacted regarding the approval of your financing. A promissory note detailing your loan and a payroll deduction card will be mailed for your signature. The financing guidelines are as follows:
Heat Pump |
|
Air Conditioning |
||||||
SEER |
Maximum |
Minimum |
Maximum |
|
SEER |
Maximum Purchase Allowance |
Minimum |
Maximum |
12 |
$4,000 |
$100 |
40 Mos.. |
12* |
$3,000 |
$100 |
30 Mos. |
|
13 & Up |
$6,000 |
$100 |
60 Mos. |
13 & Up |
$5,000 |
$100 |
50 Mos. |
|
Geo HP |
$6,000 |
$100 |
60 Mos. |
*Transaction fee of 5% (Max $115) on A/C under 13 SEER. |
Upon completion of your installation, please notify Dave Wagner 816-556-2169. Payment processing for your new heat pump or central air conditioning system will begin at that time.
Your payroll deduction will be taken from the second paycheck of each month.
PLEASE DO NOT PAY THE INSTALLER!
Kansas City Power & Light will mail a check directly to the dealer.
Exhibit F-1
INDEPENDENT AUDITORS' CONSENT
We consent to the incorporation by reference in this Annual Report of Great Plains Energy Incorporated on Form U5S, filed pursuant to the Public Utility Holding Company Act of 1935, for the year ended December 31, 2003, of our reports dated March 9, 2004, (each report expresses an unqualified opinion and includes an explanatory paragraph relating to the adoption of new accounting principles), related to the 2003 consolidated financial statements of Great Plains Energy Incorporated and Kansas City Power & Light Company, included in the combined Annual Report on Form 10-K/A for the year ended December 31, 2003 of Great Plains Energy Incorporated and Kansas City Power & Light Company.
/s/Deloitte & Touche
April 29, 2004
WOLF CREEK NUCLEAR OPERATING CORPORATION
STATEMENT OF OWNERS' ASSETS
As of December 31, 2003
Exhibit F-8
(Thousands of Dollars) |
||
Electric Plant - at original cost: |
||
Nuclear Production Plant |
||
Land and Land Rights |
$ |
7,258.7 |
Structures and Improvements |
872,013.9 |
|
Reactor Plant Equipment |
1,384,322.9 |
|
Turbogenerator Units |
361,873.6 |
|
Accessory Electric Equipment |
287,166.2 |
|
Misc. Power Plant Equipment |
135,482.6 |
|
Total Nuclear Production Plant |
3,048,117.9 |
|
Transmission Plant |
23,547.0 |
|
General Plant |
4,657.0 |
|
Miscellaneous Intangible Plant |
16,816.3 |
|
Plant in Service |
3,093,138.2 |
|
Less Accumulated Depreciation & Amortization |
1,305,911.2 |
|
Net Plant In Service |
1,787,227.0 |
|
Construction Work in Progress |
19,662.4 |
|
Electric Plant Held for Future Use |
657.2 |
|
Nuclear Fuel - Net |
62,011.2 |
|
Total Electric Plant - Net |
1,869,557.8 |
|
Other Property and Investments: |
||
Special Funds |
25,321.5 |
|
Other |
25.4 |
|
Total Other Property and Investments |
25,346.9 |
|
Current Assets: |
||
Accounts Receivable |
420.3 |
|
Fuel |
295.9 |
|
Materials and Supplies |
37,363.0 |
|
Prepayments and Other Current Assets |
3,980.5 |
|
Total Current Assets |
42,059.7 |
|
Deferred Debits |
14,097.9 |
|
Total Assets |
$ |
1,951,062.3 |
TOTAL ASSETS BY OWNER |
||
Kansas Gas and Electric Company |
$ |
930,103.9 |
Kansas City Power & Light Company |
851,199.5 |
|
Kansas Electric Power Cooperative, Inc. |
169,758.9 |
|
Total Assets |
$ |
1,951,062.3 |
*NON-OUTAGE YEAR
WOLF CREEK NUCLEAR OPERATING CORPORATION
STATEMENT OF EXPENSES
As of December 31, 2003
Exhibit F-8
(Thousands of Dollars) |
||||
|
2003 |
|||
Production Expenses: |
||||
Nuclear Fuel |
$ |
36,137.4 |
||
Operations |
75,445.2 |
|||
Maintenance |
|
44,591.7 |
||
Total Production |
|
156,174.3 |
||
Transmission Expenses: |
||||
Operations |
- |
|||
Maintenance |
|
92.8 |
||
Total Transmission |
|
92.8 |
||
Administrative and General Expenses: |
||||
Operations |
32,172.1 |
|||
Maintenance |
|
278.9 |
||
Total Administrative and General |
|
32,451.0 |
||
Total Operations and Maintenance |
||||
Expenses |
188,718.1 |
|||
Payroll taxes |
|
5,169.0 |
||
Total O&M Including Payroll Taxes |
193,887.1 |
|||
Ad Valorem Taxes |
24,639.2 |
|||
Depreciation & Amortization |
|
64,614.9 |
||
Total Operating Expenses |
283,141.2 |
|||
Less: Other Operating Revenues |
|
53.2 |
||
Net Operating Expenses |
283,088.0 |
|||
Add: Nonoperating Expenses |
|
1,504.3 |
||
Total Expenses |
$ |
284,592.3 |
||
EXHIBIT F-9 KCPL PLANT ACCOUNTS |
|||||||
Name of Respondent |
This Report is: |
Date of Report |
Year of Report |
||||
Kansas City Power & Light Company |
(1) X An Original |
(Mo, Da, Yr) |
|
||||
|
(2) A Resubmission |
4/30/2004 |
Dec. 31, 2003 |
||||
|
|
||||||
|
|
|
|
|
|
|
|
|
SUMMARY OF UTILITY PLANT AND ACCUMULATED PROVISIONS
|
||||||
|
|
|
|||||
|
|
|
|
|
|||
Line |
Item |
Total |
Electric |
||||
No. |
|
|
(a) |
(b) |
(c) |
||
1 |
|
|
UTILITY PLANT |
|
|
||
2 |
In Service |
|
|
||||
3 |
|
Plant in Service (Classified) |
$4,541,068,934 |
$4,541,068,934 |
|||
4 |
|
Property Under Capital Leases |
2,401,687 |
2,401,687 |
|||
5 |
|
Plant Purchased or Sold |
|
|
|||
6 |
|
Completed Construction not Classified |
|
|
|||
7 |
|
Experimental Plant Unclassified |
|
|
|||
8 |
|
|
TOTAL (Enter Total of lines 3 thru 7) |
4,543,470,621 |
4,543,470,621 |
||
9 |
Leased to Others |
|
|
||||
10 |
Held for Future Use |
5,466,221 |
5,466,221 |
||||
11 |
Construction Work in Progress |
53,045,951 |
53,045,951 |
||||
12 |
Acquisition Adjustments |
|
|
||||
13 |
|
|
TOTAL Utility Plant (Enter Total of lines 8 thru 12) |
4,601,982,793 |
4,601,982,793 |
||
14 |
Accum. Prov. for Depr., Amort., & Depl. |
2,079,700,899 |
2,079,700,899 |
||||
15 |
|
|
Net Utility Plant (Enter total of line 13 less 14) |
$ 2,522,281,894 |
$2,522,281,894 |
||
16 |
DETAIL OF ACCUMULATED PROVISIONS FOR |
|
|
||||
|
|
|
DEPRECIATION, AMORTIZATION AND DEPLETION |
|
|
||
17 |
In Service: |
|
|
||||
18 |
|
Depreciation |
$2,018,595,209 |
$2,018,595,209 |
|||
19 |
|
Amort. and Depl. of Producing Natural Gas Land and Land Rights |
|
|
|||
20 |
|
Amort. of Underground Storage Land and Land Rights |
|
|
|||
21 |
|
Amort. of Other Utility Plant |
61,105,690 |
50,411,084 |
|||
22 |
|
|
TOTAL in Service (Enter Total of lines 18 thru 21) |
2,079,700,899 |
2,069,006,293 |
||
23 |
Leased to Others |
|
|
||||
24 |
|
Depreciation |
|
|
|||
25 |
|
Amortization and Depletion |
|
|
|||
26 |
|
|
TOTAL Leased to Others (Enter Total of lines 24 and 25) |
|
|
||
27 |
Held for Future Use |
|
|
||||
28 |
|
Depreciation |
|
|
|||
29 |
|
Amortization |
|
|
|||
30 |
|
|
TOTAL Held for Future Use (Enter Total of lines 28 and 29) |
|
|
||
31 |
Abandonment of Leases (Natural Gas) |
|
|
||||
32 |
|
Amort. of Plant Acquisition Adjustment |
|
|
|||
|
|
|
|
||||
33 |
TOTAL Accumulated Provisions (Should agree with line 14 above) |
|
|
||||
|
|
(Enter Total of lines 22, 26, 30, 31, and 32) |
2,079,700,899 |
2,069,006,293 |
|||
|
|||||||
FERC FORM NO. 1 (ED. 12-89) Page 200 |
|
|||||||
Name of Respondent |
|
|
This Report is: |
Date of Report |
Year of Report |
||
Kansas City Power & Light Company |
(1) X An Original |
(Mo, Da, Yr) |
|
||||
|
(2) A Resubmission |
4/30/2004 |
Dec. 31, 2003 |
||||
|
|
||||||
|
|
|
|
|
|
|
|
|
NUCLEAR FUEL MATERIALS (Accounts 120.1 through 120.6 and 157) |
|
|||||
|
1. Report below the costs incurred for nuclear fuel |
arrangements, attach a statement showing the |
|
||||
materials in process of fabrication, on hand, in reactor, |
amount of nuclear fuel leased, the quantity used and |
||||||
and in cooling; owned by the respondent. |
quantity on hand, and the costs incurred under such |
||||||
|
2. If the nuclear fuel stock is obtained under leasing |
leasing arrangements. |
|
||||
|
|
|
|
|
|
|
|
|
|
|
Changes During Year |
|
|||
Line |
Description of Item |
|
Balance |
|
|||
No. |
|
Beginning of Year |
Additions |
|
|||
|
(a) |
|
|
(b) |
(c) |
|
|
1 |
Nuclear Fuel in Process of Refinement, |
|
|
|
|||
|
Conversion, Enrichment & Fabrication (120.1) |
|
|
|
|
|
|
2 |
Fabrication |
|
|
|
|
|
|
3 |
Nuclear Materials |
|
|
$17,516 |
$19,606,480 |
|
|
4 |
Allowance for Funds Used during Construction |
|
|
7,830 |
104,853 |
|
|
5 |
Other Overhead Construction Costs |
|
|
233,577 |
236,413 |
|
|
6 |
SUBTOTAL (Enter Total of lines 2 thru 5) |
|
|
258,923 |
|
||
7 |
Nuclear Fuel Materials and Assemblies |
|
|
|
|
|
|
8 |
In Stock (120.2) |
|
|
0 |
19,635,039 |
|
|
9 |
In Reactor (120.3) |
|
|
46,400,644 |
19,635,039 |
|
|
10 |
SUBTOTAL (Enter Total of lines 8 and 9) |
|
|
46,400,644 |
|
||
11 |
Spent Nuclear Fuel (120.4) |
|
|
96,798,168 |
20,991,264 |
|
|
12 |
Nuclear Fuel Under Capital Leases (120.6) |
|
|
|
|
|
|
13 |
(Less) Accum. Prov. for Amortization of |
|
|
|
|||
|
Nuclear Fuel Assemblies (120.5) |
|
|
121,951,245 |
0 |
||
14 |
TOTAL Nuclear Fuel Stock (Enter Total |
|
|
|
|
||
|
lines 6, 10, 11 and 12 less line 13) |
|
|
$21,506,490 |
$80,209,088 |
|
|
15 |
Estimated Net Salvage Value of Nuclear |
|
|
|
|
||
|
Materials in line 9 |
|
|
|
|
|
|
16 |
Estimated Net Salvage Value of Nuclear |
|
|
|
|
||
|
Materials in line 11 |
|
|
|
|
|
|
17 |
Estimated Net Salvage Value of Nuclear |
|
|
|
|
||
|
Materials in Chemical Processing |
|
|
|
|
|
|
18 |
Nuclear Materials Held for Sale (157) |
|
|
|
|
|
|
19 |
Uranium |
|
|
|
|
|
|
20 |
Plutonium |
|
|
|
|
|
|
21 |
Other |
|
|
|
|
|
|
22 |
TOTAL Nuclear Materials Held for Sale |
|
|
|
|
||
|
(Enter Total of lines 19, 20 and 21) |
|
|
|
|
|
|
FERC FORM NO. 1 (ED. 12-89) Page 202 |
Name of Respondent |
|
This Report is: |
Date of Report |
Year of Report |
|
Kansas City Power & Light Company |
(1) X An Original |
(Mo, Da, Yr) |
|
||
|
(2) A Resubmission |
4/30/2004 |
Dec. 31, 2003 |
|
|
|
|
|
|
|
|
NUCLEAR FUEL MATERIALS (Accounts 120.1 through 120.6 and 157) (Continued) |
|
||||
|
|
||||
|
|
||||
|
|
||||
|
|
||||
|
|
|
|
|
|
Changes During the Year |
|
|
|
||
|
|
Other Reductions |
|
Balance |
Line |
Amortization |
|
(Explain in a footnote) |
|
End of Year |
No. |
(d) |
|
(e) |
|
(f) |
|
|
|
|
|
1 |
|
|
|
|
|
|
|
|
|
|
|
|
2 |
|
|
$19,133,193 |
|
490,803 |
3 |
|
|
110,933 |
|
1,750 |
4 |
|
|
390,912 |
|
79,078 |
5 |
|
|
571,630 |
6 |
||
|
|
|
|
|
7 |
|
|
19,635,039 |
|
0 |
8 |
|
|
20,991,264 |
|
45,044,419 |
9 |
|
45,044,419 |
10 |
|||
|
|
20,813,380 |
|
96,976,052 |
11 |
|
|
0 |
|
0 |
12 |
(12,334,217) |
|
20,813,380 |
|
0 |
13 |
|
|
|
|
113,472,082 |
|
|
|
|
|
|
14 |
|
$29,120,020 |
||||
|
|
|
|
|
15 |
|
|
|
|
|
|
|
|
|
|
|
16 |
|
|
|
|
|
|
|
|
|
|
|
17 |
|
|
|
|
|
|
|
|
|
|
|
18 |
|
|
|
|
|
19 |
|
|
|
|
|
20 |
|
|
|
|
|
21 |
|
|
|
|
|
22 |
|
|
|
|
|
|
FERC FORM NO. 1 (ED. 12-89) Page 203 |
Name of Respondent |
This Report is: |
Date of Report |
Year of Report |
|||
Kansas City Power & Light Company |
(1) X An Original |
(Mo, Da, Yr) |
|
|||
|
(2) A Resubmission |
4/30/2004 |
Dec. 31, 2003 |
|||
|
|
|||||
|
|
|
|
ELECTRIC PLANT IN SERVICE (Accounts 101, 102, 103, and 106) |
|
|
1. Report below the original cost of electric plant in service according to the prescribed accounts. |
in column (c) . Also to be included in column (c) are entries for reversals of tentative distributions of prior year reported in column (b). Likewise, if the respondent |
|||||
|
|
|
|
|
|
|
|
|
Balance at |
|
|||
Line |
Account |
|
Beginning of Year |
Additions |
||
No. |
|
|
(a) |
|
(b) |
(c) |
1 |
|
|
1. INTANGIBLE PLANT |
|
|
|
2 |
(301) |
Organization |
|
$72,186 |
|
|
3 |
(302) |
Franchises and Consents |
|
22,937 |
|
|
4 |
(303) |
Miscellaneous Intangible Plant |
|
$83,972,604 |
3,238,282 |
|
5 |
|
|
TOTAL Intangible Plant (Enter Total of lines 2, 3, and 4) |
84,067,727 |
3,238,282 |
|
6 |
|
|
2. PRODUCTION PLANT |
|
|
|
7 |
|
|
A. Steam Production Plant |
|
|
|
8 |
(310) |
Land and Land Rights |
|
8,805,270 |
53,148 |
|
9 |
(311) |
Structures and Improvements |
|
91,716,601 |
-220,374 |
|
10 |
(312) |
Boiler Plant Equipment |
|
806,006,857 |
-5,836,908 |
|
11 |
(313) |
Engines and Engine-Driven Generators |
|
|
0 |
|
12 |
(314) |
Turbogenerator Units |
|
201,918,766 |
6,537,674 |
|
13 |
(315) |
Accessory Electric Equipment |
|
96,471,786 |
18,148,972 |
|
14 |
(316) |
Misc. Power Plant Equipment |
|
24,181,307 |
1,248,174 |
|
15 |
(317) |
Asset Retirement Costs for Steam Production |
|
|
1,790,254 |
|
16 |
|
|
TOTAL Steam Production Plant (Enter Total of lines 8 thru 14) |
1,229,100,587 |
21,720,940 |
|
17 |
|
|
B. Nuclear Production Plant |
|
|
|
18 |
(320) |
Land and Land Rights |
|
3,411,585 |
|
|
19 |
(321) |
Structures and Improvements |
|
418,066,091 |
1,121,533 |
|
20 |
(322) |
Reactor Plant Equipment |
|
543,928,403 |
5,727,817 |
|
21 |
(323) |
Turbogenerator Units |
|
171,744,185 |
14,931 |
|
22 |
(324) |
Accessory Electric Equipment |
|
138,729,325 |
27921 |
|
23 |
(325) |
Misc. Power Plant Equipment |
|
63,947,418 |
698,085 |
|
24 |
(326) |
Asset Retirement Costs for Nuclear Production |
|
|
31,934,947 |
|
25 |
|
|
TOTAL Nuclear Production Plant (Enter Total of lines 17 thru 22) |
1,339,827,007 |
39,525,234 |
|
26 |
|
|
C. Hydraulic Production Plant |
|
|
|
27 |
(330) |
Land and Land Rights |
|
|
|
|
28 |
(331) |
Structures and Improvements |
|
|
|
|
29 |
(332) |
Reservoirs, Dams, and Waterways |
|
|
|
|
30 |
(333) |
Water Wheels, Turbines, and Generators |
|
|
|
|
31 |
(334) |
Accessory Electric Equipment |
|
|
|
|
32 |
(335) |
Misc. Power Plant Equipment |
|
|
|
|
33 |
(336) |
Roads, Railroads, and Bridges |
|
|
|
|
34 |
(337) |
Asset Retirement Costs for Hydraulic Production |
|
|
||
35 |
|
|
TOTAL Hydraulic Production Plant (Enter Total of lines 25 thru 34) |
|
|
|
36 |
|
|
D. Other Production Plant |
|
|
|
37 |
(340) |
Land and Land Rights |
|
136,550 |
874,268 |
|
38 |
(341) |
Structures and Improvements |
|
917,454 |
0 |
|
39 |
(342) |
Fuel Holders, Products, and Accessories |
|
5,705,596 |
28,894 |
|
40 |
(343) |
Prime Movers |
|
|
|
|
41 |
(344) |
Generators |
|
122,998,388 |
442,144 |
|
42 |
(345) |
Accessory Electric Equipment |
|
8,605,051 |
|
|
43 |
(346) |
Misc. Power Plant Equipment |
|
|
|
|
|
|
|
|
|
|
|
FERC FORM NO. 1 (ED. 12-03) Page 204 |
Name of Respondent |
|
|
|
This Report is: |
Date of Report |
Year of Report |
|
Kansas City Power & Light Company |
(1) X An Original |
(Mo, Da, Yr) |
|
||||
|
(2) A Resubmission |
4/30/2004 |
Dec. 31, 2003 |
||||
|
|
|
|
|
|
|
|
ELECTRIC PLANT IN SERVICE (Accounts 101, 102, 103, and 106) (Continued) |
|||||||
tentative account distributions of these amounts. |
only the offset to the debits or credits distributed in column (f) |
||||||
Careful observance of the above instructions and the |
to primary account classifications. |
|
|||||
texts of Accounts 101 and 106 will avoid serious |
7. For Account 399, state the nature and use of plant |
||||||
omissions of the reported amount of respondent's |
Included in this account and if substantial in amount submit |
||||||
plant actually in service at end of year. |
a supplementary statement showing subaccount classification |
||||||
6. Show in column (f) reclassifications or transfers |
of such plant conforming to the requirements of these pages. |
||||||
within utility plant accounts. Include also in column (f) |
8. For each amount comprising the reported balance and |
||||||
the additions or reductions of primary account classi- |
changes in Account 102, state the property purchased or |
||||||
fications arising from distribution of amounts initially |
sold, name of vendor or purchaser, and date of transaction. |
||||||
recorded in Account 102. In showing the clearance of |
If proposed journal entries have been filed with the Commission |
||||||
Account 102, include in column (e) the amounts with |
as required by the Uniform System of Accounts, give also date |
||||||
respect to accumulated provision for depreciation, |
of such filing. |
|
|||||
acquistion adjustments, etc., and show in column (f) |
|
||||||
|
|
||||||
|
|
|
|
|
Balance at |
|
|
Retirements |
Adjustments |
|
Transfers |
End of Year |
|
Line |
|
(d) |
(e) |
|
|
(f) |
(g) |
|
No. |
|
|
|
|
|
|
|
1 |
|
|
|
|
|
$72,186 |
(301) |
2 |
|
|
|
|
|
$22,937 |
(302) |
3 |
$94,360 |
|
|
|
($1,035,467) |
$86,081,059 |
(303) |
4 |
94,360 |
|
|
|
(1,035,467) |
86,176,182 |
|
5 |
|
|
|
|
|
|
|
6 |
|
|
|
|
|
|
|
7 |
|
|
|
|
|
$8,858,418 |
(310) |
8 |
77,324 |
|
|
|
(745,349) |
$90,673,554 |
(311) |
9 |
6,469,941 |
|
|
|
512,144 |
$794,212,152 |
(312) |
10 |
|
|
|
|
|
$0 |
(313) |
11 |
305,513 |
|
|
|
(65,692) |
$208,085,235 |
(314) |
12 |
146,876 |
|
|
|
(22,992) |
$114,450,890 |
(315) |
13 |
40,055 |
|
|
|
68,760 |
$25,458,186 |
(316) |
14 |
|
|
|
|
|
$1,790,254 |
(317) |
15 |
7,039,709 |
|
|
|
(253,129) |
$1,243,528,689 |
|
16 |
|
|
|
|
|
|
|
17 |
|
|
|
|
$3,411,585 |
(320) |
18 |
|
$417,556 |
|
|
|
|
418,770,068 |
(321) |
19 |
4,300,900 |
|
|
|
|
545,355,320 |
(322) |
20 |
27,989 |
|
|
|
|
171,731,127 |
(323) |
21 |
462,224 |
|
|
|
|
138,295,022 |
(324) |
22 |
372,634 |
|
|
|
|
64,272,869 |
(325) |
23 |
|
|
|
|
|
31,934,947 |
|
24 |
5,581,303 |
|
|
|
0 |
1,373,770,938 |
|
25 |
|
|
|
|
|
|
|
26 |
|
|
|
|
|
- |
(330) |
27 |
|
|
|
|
|
- |
(331) |
28 |
|
|
|
|
|
- |
(332) |
29 |
|
|
|
|
|
- |
(333) |
30 |
|
|
|
|
|
- |
(334) |
31 |
|
|
|
|
|
- |
(335) |
32 |
|
|
|
|
|
- |
(336) |
33 |
|
|
|
|
|
- |
(337) |
34 |
|
|
|
|
|
|
|
35 |
|
|
|
|
|
|
|
36 |
|
|
|
|
91,383 |
1,102,201 |
(340) |
37 |
|
|
|
|
|
917,454 |
(341) |
38 |
|
|
|
|
|
5,734,490 |
(342) |
39 |
|
|
|
|
|
- |
(343) |
40 |
28,904 |
|
|
|
(91,383) |
123,320,245 |
(344) |
41 |
|
|
|
|
|
8,605,051 |
(345) |
42 |
FERC FORM NO. 1 (ED. 12-03) Page 205 |
|||||||
Name of Respondent |
This Report is: |
Date of Report |
Year of Report |
|||
Kansas City Power & Light Company |
(1) X An Original |
(Mo, Da, Yr) |
||||
|
(2) A Resubmission |
4/30/2004 |
Dec. 31, 2003 |
|||
|
|
|
|
|
|
|
|
|
ELECTRIC PLANT IN SERVICE (Accounts 101, 102, 103, and 106) (Continued) |
||||
|
|
|
|
|
Balance at |
|
Line |
Account |
Beginning of Year |
Additions |
|||
No. |
|
|
(a) |
|
(b) |
(c) |
44 |
(347) |
Asset Retirement Costs for Other Production |
|
|
|
|
45 |
|
|
TOTAL Other Prod. Plant (Enter Total of lines 37 thru 44) |
138,363,039 |
1,345,306 |
|
46 |
|
|
TOTAL Prod. Plant (Enter Total of lines 15, 23, 32 and 41) |
$2,707,290,633 |
$62,591,480 |
|
47 |
|
|
3. TRANSMISSION PLANT |
|
|
|
48 |
(350) |
Land and Land Rights |
|
22,955,257 |
1,180,861 |
|
49 |
(352) |
Structures and Improvements |
|
3,789,210 |
0 |
|
50 |
(353) |
Station Equipment |
|
107,876,640 |
7,544,353 |
|
51 |
(354) |
Towers and Fixtures |
|
4,029,692 |
|
|
52 |
(355) |
Poles and Fixtures |
|
75,326,851 |
6,826,241 |
|
53 |
(356) |
Overhead Conductors and Devices |
|
59,399,111 |
12,909,005 |
|
54 |
(357) |
Underground Conduit |
|
3,080,287 |
|
|
55 |
(358) |
Underground Condutors and Devices |
|
2,822,718 |
|
|
56 |
(359) |
Roads and Trails |
|
|
|
|
57 |
(359.1) |
Asset Retirement Costs for Transmission Plant |
|
|
|
|
58 |
|
|
TOTAL Transmission Plant (Enter Total of lines 48 thru 57) |
279,279,766 |
28,460,460 |
|
59 |
|
|
4. DISTRIBUTION PLANT |
|
|
|
60 |
(360) |
Land and Land Rights |
|
20,095,773 |
402,402 |
|
61 |
(361) |
Structures and Improvements |
|
8,812,176 |
249,742 |
|
62 |
(362) |
Station Equipment |
|
133,737,627 |
3,460,025 |
|
63 |
(363) |
Storage Battery Equipment |
|
|
|
|
64 |
(364) |
Poles, Towers, and Fixtures |
|
184,858,672 |
11,174,904 |
|
65 |
(365) |
Overhead Conductors and Devices |
|
154,455,116 |
5,911,831 |
|
66 |
(366) |
Underground Conduit |
|
104,244,834 |
13,243,264 |
|
67 |
(367) |
Underground Condutors and Devices |
|
237,037,218 |
21,706,269 |
|
68 |
(368) |
Line Transformers |
|
181,736,182 |
7,324,893 |
|
69 |
(369) |
Services |
|
87,396,986 |
(12,067,231) |
|
70 |
(370) |
Meters |
|
65,932,991 |
1,650,206 |
|
71 |
(371) |
Installations on Customer Premises |
|
8,801,976 |
663,445 |
|
72 |
(372) |
Leased Property on Customer Premises |
|
|
|
|
73 |
(373) |
Street Lighting and Signal Systems |
|
31,280,536 |
995,638 |
|
74 |
(374) |
Asset Retirement Costs for Distribution Plan |
|
|
|
|
75 |
|
|
TOTAL Distribution Plant (Enter Total of lines 60 thru 74) |
1,218,390,087 |
54,715,388 |
|
76 |
|
|
5. GENERAL PLANT |
|
|
|
77 |
(389) |
Land and Land Rights |
|
1,578,338 |
19,092 |
|
78 |
(390) |
Structures and Improvements |
|
46,111,467 |
16,415 |
|
79 |
(391) |
Office Furniture and Equipment |
|
11,409,039 |
(92,782) |
|
80 |
(392) |
Transportation Equipment |
|
491,622 |
|
|
81 |
(393) |
Stores Equipment |
|
607,732 |
90 |
|
82 |
(394) |
Tools, Shop and Garage Equipment |
|
2,817,326 |
55,885 |
|
83 |
(395) |
Laboratory Equipment |
|
4,062,463 |
167,583 |
|
84 |
(396) |
Power Operated Equipment |
|
188,228 |
0 |
|
85 |
(397) |
Communication Equipment |
|
64,017,114 |
2,543,722 |
|
86 |
(398) |
Miscellaneous Equipment |
|
188,751 |
0 |
|
87 |
|
|
SUBTOTAL(Enter Total of lines 77 thru 86) |
|
131,472,080 |
2,710,005 |
88 |
(399) |
Other Tangible Property |
|
|
|
|
89 |
(399.1) |
Asset etirement Costs for General Plant |
|
|
|
|
90 |
|
|
TOTAL General Plant (Enter Total of lines 87, 88 and 89) |
131,472,080 |
2,710,005 |
|
91 |
|
|
TOTAL (Accounts 101 and 106) |
|
4,420,500,293 |
151,715,615 |
92 |
(102) |
Electric Plant Purchased (See Instr. 8) |
|
|
||
93 |
(Less) |
(102) Electric Plant Sold (See Instr. 8) |
|
|
|
|
94 |
(103) |
Experimental Plant Unclassified |
|
|
|
|
95 |
|
|
TOTAL Electric Plant in Service (Enter Total of Lines 84 thru 87) |
$4,420,500,293 |
$151,715,615 |
|
FERC FORM NO. 1 (ED. 12-03) Page 206 |
Name of Respondent |
|
|
|
This Report is: |
Date of Report |
Year of Report |
|
Kansas City Power & Light Company |
(1) X An Original |
(Mo, Da, Yr) |
|
||||
|
(2) A Resubmission |
4/30/2004 |
Dec. 31, 2003 |
||||
|
|
||||||
|
|
|
|
|
|
|
|
ELECTRIC PLANT IN SERVICE (Accounts 101, 102, 103, and 106) (Continued)
|
|||||||
|
|
|
|
|
Balance at |
|
|
Retirements |
Adjustments |
|
Transfers |
End of Year |
|
Line |
|
(d) |
(e) |
|
|
(f) |
(g) |
|
No. |
|
|
|
|
|
$0 |
(346) |
44 |
28,904 |
|
|
|
0 |
$139,679,441 |
|
45 |
$12,649,916 |
|
|
|
-253129 |
$2,756,979,068 |
|
46 |
|
|
|
|
|
|
|
47 |
19 |
|
|
|
-602672 |
$23,533,427 |
(350) |
48 |
$0 |
|
|
|
$0 |
3,789,210 |
(352) |
49 |
771,190 |
|
|
|
762,322 |
115,412,125 |
(353) |
50 |
|
|
|
|
|
4,029,692 |
(354) |
51 |
412,186 |
|
|
|
(43,236) |
81,697,670 |
(355) |
52 |
1,163,653 |
|
|
|
|
71,144,463 |
(356) |
53 |
|
|
|
|
|
3,080,287 |
(357) |
54 |
|
|
|
|
|
2,822,718 |
(358) |
55 |
|
|
|
|
|
0 |
(359) |
56 |
|
|
|
|
|
|
|
57 |
2,347,048 |
|
|
|
$116,414 |
$305,509,592 |
|
58 |
|
|
|
|
|
|
|
59 |
14,943 |
|
|
|
583,176 |
21,066,408 |
(360) |
60 |
181 |
|
|
|
(15,389) |
9,046,348 |
(361) |
61 |
1,488,809 |
|
|
|
(73,035) |
135,635,808 |
(362) |
62 |
|
|
|
|
|
0 |
(363) |
63 |
1,407,737 |
|
|
|
(233,385) |
194,392,454 |
(364) |
64 |
2,611,251 |
|
|
|
(22,273) |
157,733,423 |
(365) |
65 |
452,287 |
|
|
|
0 |
117,035,811 |
(366) |
66 |
1,977,526 |
|
|
|
(46,972) |
256,718,989 |
(367) |
67 |
1,353,142 |
|
|
|
0 |
187,707,933 |
(368) |
68 |
603,414 |
|
|
|
|
74,726,341 |
(369) |
69 |
190,970 |
|
|
|
0 |
67,392,227 |
(370) |
70 |
1,081,035 |
|
|
|
(57,766) |
8,326,620 |
(371) |
71 |
|
|
|
|
|
0 |
(372) |
72 |
742,292 |
|
|
|
40,728 |
31,574,610 |
(373) |
73 |
|
|
|
|
|
|
|
74 |
11,923,587 |
|
|
|
175,084 |
1,261,356,972 |
|
75 |
|
|
|
|
|
|
|
76 |
|
|
|
|
(37,164) |
1,560,266 |
(389) |
77 |
0 |
|
|
|
(3,015,720) |
43,112,162 |
(390) |
78 |
0 |
|
|
|
(75,329) |
11,240,928 |
(391) |
79 |
6,752 |
|
|
|
|
484,870 |
(392) |
80 |
|
|
|
|
0 |
607,822 |
(393) |
81 |
|
|
|
|
|
2,873,211 |
(394) |
82 |
|
|
|
|
|
4,230,046 |
(395) |
83 |
|
|
|
|
|
188,228 |
(396) |
84 |
1,035,467 |
|
|
|
1,035,467 |
66,560,836 |
(397) |
85 |
|
|
|
|
0 |
188,751 |
(398) |
86 |
1,042,219 |
|
|
|
(2,092,746) |
131,047,120 |
|
87 |
|
|
|
|
|
|
(399) |
88 |
|
|
|
|
|
|
|
89 |
1,042,219 |
|
|
|
(2,092,746) |
131,047,120 |
|
90 |
28,057,130 |
|
|
|
(3,089,844) |
4,541,068,934 |
|
91 |
(3,052,884) |
|
|
|
|
|
(102) |
92 |
|
|
|
|
(3,052,884) |
|
|
93 |
|
|
|
|
|
|
(103) |
94 |
31,110,014 |
|
|
|
(36,960) |
4,541,068,934 |
|
95 |
FERC FORM NO. 1 (ED. 12-03) Page 207 |
Name of Respondent: |
|
This Report is: |
|
Date of Report |
Year of Report |
|
||
Kansas City Power & Light Company |
(1) X An Original |
(Mo, Da, Yr) |
|
|||||
|
(2) A Resubmission |
4/30/2004 |
Dec. 31, 2003 |
|
||||
|
|
|
|
|
|
|
|
|
|
|
|||||||
ELECTRIC PLANT HELD FOR FUTURE USE (Account 105) |
|
|
|
|
|
|||
1. Report separately each property held for future use at end of the year having |
|
|||||||
an original cost of $250,000 or more. Group other items of property held for future use. |
|
|||||||
2. For property having an original cost of $250,000 or more previously used in utility |
|
|||||||
operations, now held for future use, give in column (a), in addition to other required |
|
|||||||
information, the date that utility use of such property was discontinued, and the date |
|
|||||||
the original cost was transferred to Account 105. |
|
|
|
|
|
|
|
|
Line |
Description and Location |
Date Originally |
Date Expected |
Balance at |
||||
No. |
of Property |
Included in |
to be Used in |
End of |
||||
|
|
This Account |
Utility Service |
Year |
||||
|
(a) |
|
(b) |
|
(c) |
|
(d) |
|
1 |
Land and Rights: |
|
|
|
||||
2 |
Easements for Iatan to Nashua 345 KV Line in |
|||||||
3 |
Platte Co., Missouri |
1992 |
(1) |
49,315 |
||||
4 |
|
|
|
|
||||
5 |
Land for Hawthorn Ash Pond Expansion in |
|
|
|
||||
6 |
Jackson Co., Missouri |
1996 |
(1) |
3,651,070 |
||||
7 |
|
|||||||
8 |
Site of future Ash Pond at Iatan Station in |
|||||||
9 |
Platte Co. , Missouri |
1998 |
(1) |
502,529 |
||||
10 |
|
|
|
|
||||
11 |
Engineering cost for future developments of Iatan 2 |
1999 |
(1) |
371,201 |
||||
12 |
|
|
|
|||||
13 |
Engineering for future bridge project over the Missouri |
|
|
|
||||
14 |
river at Iatan Station |
2001 |
(1) |
326,214 |
||||
15 |
|
|
|
|
|
|
|
|
16 |
|
|
|
|
|
|
|
|
17 |
|
|
|
|
|
|
|
|
18 |
|
|
|
|
|
|
|
|
19 |
|
|
|
|
|
|
|
|
20 |
|
|
|
|
|
|
|
|
21 |
Other Property: |
|
|
|
||||
22 |
Property with original cost of less |
|
|
|
||||
23 |
than $250,000 |
|
||||||
24 |
(8 items) |
|
(1) |
565,892 |
||||
25 |
|
|
|
|
||||
26 |
|
|
|
|
||||
27 |
|
|
|
|
||||
28 |
|
|
|
|
||||
29 |
|
|
|
|
||||
30 |
|
|
|
|
||||
31 |
|
|
|
|
||||
32 |
|
|
|
|
||||
33 |
|
|
|
|
||||
34 |
|
|
|
|
||||
35 |
|
|
|
|
||||
36 |
|
|
|
|
||||
37 |
|
|
|
|
||||
38 |
|
|
|
|
||||
39 |
|
|
|
|
||||
40 |
|
|
|
|
||||
41 |
|
|
|
|
||||
42 |
|
|
|
|
||||
43 |
|
|
|
|
||||
44 |
|
|
|
|
||||
45 |
|
|
|
|
||||
46 |
|
|
|
|
||||
47 |
|
|
|
|
||||
48 |
|
|
|
|
||||
49 |
|
|
|
|
||||
47 |
TOTAL |
|
|
5,466,221 |
||||
FERC FORM NO. 1 (ED. 12-96) Page 214 |
Name of Respondent |
This Report is: |
Date of Report |
Year of Report |
||||
Kansas City Power & Light Company |
(1) X An Original |
(Mo, Da, Yr) |
|||||
|
(2) A Resubmission |
4/30/2004 |
Dec. 31, 2003 |
||||
|
|
||||||
|
|
CONSTRUCTION WORK IN PROGRESS-ELECTRIC (Account 107) |
|
|
|
||
|
|
Construction Work |
|||||
Line |
Description of Project |
|
in Progress - Electric |
||||
No. |
|
(Account 107) |
|||||
|
|
(a) |
|
|
|
|
(b) |
1 |
. |
Montrose Station - Turbine/Generator Auxiliary Temperature Control Replacement |
|
|
|
|
210,669 |
2 |
. |
Montrose Station - New Ash Pond Landfill |
|
|
|
|
211,481 |
3 |
. |
Montrose Station - Coal Mill Gearbox Replacement |
|
|
|
|
481,820 |
4 |
. |
Montrose Station - Coal Mill Pulverizer Replacement |
|
|
|
|
1,349,230 |
5 |
. |
Montrose Station - Unit 3 Generator Stator and Rotor Rewind |
|
|
|
|
1,030,044 |
6 |
. |
Montrose Station - Distributed Control System Cabinet |
|
|
|
|
108,960 |
7 |
. |
Montrose Station - Load Center Replacement |
|
|
|
|
126,898 |
8 |
. |
Montrose Station - Unit 3 Boiler Bottom Tubing Replacement |
|
|
|
|
807,725 |
9 |
. |
Montrose Station - Coal Mill Isolation Valves |
|
|
|
|
183,580 |
10 |
. |
Montrose Station - Unit 2 Boiler Inlet Header |
|
|
|
|
128,822 |
11 |
. |
Montrose Station - Unit 2 Rewind Rotor and Stator |
|
|
|
|
4,558,798 |
12 |
. |
Montrose Station - Unit 2 Expansion Joint Replacement |
|
|
|
|
183,046 |
13 |
. |
LaCygne Station - Turbine #1 Low Pressure Rotor Replacement |
|
|
|
|
1,143,753 |
14 |
. |
LaCygne Station - Generator #1 Replacement |
|
|
|
|
590,215 |
15 |
. |
LaCygne Station - Potable Water Addition |
|
|
|
|
274,582 |
16 |
. |
LaCygne Station - Unit 2 Replace Motor Control Center 2N, Bus 1 |
|
|
|
|
115,131 |
17 |
. |
Wolf Creek - GE Magne Blast Breaker Replacement |
|
|
|
|
843,197 |
18 |
. |
Wolf Creek - Diesel Generator Governor Replacement |
|
|
|
|
110,625 |
19 |
. |
Wolf Creek -Distributed Control System to Digital |
|
|
|
|
3,151,790 |
20 |
. |
Wolf Creek - Turbine Generator Modification |
|
|
|
|
121,173 |
21 |
. |
Wolf Creek - Replace #SGK04 and #SGK05 Air Conditioner Units |
|
|
|
|
1,466,960 |
22 |
. |
Wolf Creek - Main Stream Isolation Valve (MSIV) Actuator Replacement |
|
|
|
|
1,108,976 |
23 |
. |
Wolf Creek - High Ammonia Secondary Chemistry |
|
|
|
|
477,168 |
24 |
. |
Wolf Creek - Feed Water Actuator Replacement |
|
|
|
|
153,616 |
25 |
. |
Wolf Creek - Plant Fiber Optic Infrastructure |
|
|
|
|
330,729 |
26 |
. |
Wolf Creek - Corrective Action Software |
|
|
|
|
278,315 |
27 |
. |
Wolf Creek - Rotating Assembly on Pump #PBG05B |
|
|
|
|
368,024 |
28 |
. |
Wolf Creek - Miscellaneous Projects under $100,000 |
|
|
|
|
887,148 |
29 |
. |
Scott Air Pac Replacements |
|
|
|
|
136,656 |
30 |
. |
345 KV Line #11 Hawthorn-St. Joseph Line Panels |
|
|
|
|
169,880 |
31 |
. |
345 KV System Storm Dead-end Installation |
|
|
|
|
462,960 |
32 |
. |
Install Fire Walls at Transmission Substations |
|
|
|
|
100,034 |
33 |
. |
Replace 161 KV Lightning Arresters at Transmission Substations |
|
|
|
|
117,135 |
34 |
. |
Reconductor 161 KV Line - Hawthorn-Levee-Northeast |
|
|
|
|
1,082,774 |
35 |
. |
Install 69 KV Line from Liberty to Bypass Junction |
|
|
|
|
242,399 |
36 |
. |
Replace Disconnect Switches at Transmission Substations |
|
|
|
|
308,834 |
37 |
. |
Replacement of Remote Terminal Units at Craig Substation |
|
|
|
|
175,744 |
38 |
. |
Install new 161 KV Line Termination at Leeds Substation #61 |
|
|
|
|
525,005 |
39 |
. |
Install third Transformer at Line Creek Substation #63 |
|
|
|
|
379,784 |
40 |
. |
Install Transformer, Switchgear, and Distribution Circuit at Martin City Substation #66 |
|
|
|
|
395,499 |
41 |
. |
Install Transformer, Switchgear, and Circuit at Olathe Substation #41 |
|
|
|
|
665,586 |
42 |
. |
Install Transformer, Switchgear, and Circuit at Oxford Substation #38 |
|
|
|
|
658,629 |
43 |
TOTAL |
|
|
|
|
53,075,951 |
|
FERC FORM NO. 1 (ED. 12-87 Page 216 |
|
|
|
|
|
|
|
|
Name of Respondent |
This Report is: |
Date of Report |
Year of Report |
||||
Kansas City Power & Light Company |
(1) X An Original |
(Mo, Da, Yr) |
|||||
|
(2) A Resubmission |
4/30/2004 |
Dec. 31, 2003 |
||||
|
|
||||||
|
|
CONSTRUCTION WORK IN PROGRESS-ELECTRIC (Account 107) |
|
|
|
||
|
|
Construction Work |
|||||
Line |
Description of Project |
|
in Progress - Electric |
||||
No. |
|
(Account 107) |
|||||
|
|
(a) |
|
|
|
|
(b) |
|
. |
(Continued from 216) |
|
|
|
|
|
1 |
. |
Purchase Land for Quarry Substation |
|
|
|
|
139,576 |
2 |
. |
Build Quarry Substation |
|
|
|
|
1,403,300 |
3 |
. |
Install 16 1KV Breaker and Line Relay at College Substation #90 |
|
|
|
|
232,199 |
4 |
. |
Extend Duct Line along Metcalf |
|
|
|
|
353,620 |
5 |
. |
Distribution Engineering Analysis Software - DEAT |
|
|
|
|
288,742 |
6 |
. |
Replace 161 KV Lightning Arresters at Distribution Substations |
|
|
|
|
265,770 |
7 |
. |
Install Digital Voice Recorder System |
|
|
|
|
147,680 |
8 |
. |
Install Outage Management System |
|
|
|
|
322,453 |
9 |
. |
Install Redesigned Cathodic Protection System |
|
|
|
|
136,485 |
10 |
. |
Automated Security System |
|
|
|
|
278,362 |
11 |
. |
Itron Meter Reading System |
|
|
|
|
409,662 |
12 |
. |
Installation of new Johnson County Service Center - 108th and Eicher |
|
|
|
|
5,291,215 |
13 |
. |
Fleet Fuel Management System |
|
|
|
|
225,272 |
14 |
. |
Relocate Fuels and General Service & Sales Offices to 1201 Walnut |
|
|
|
|
148,515 |
15 |
. |
Install Disaster Recovery Critical Service System |
|
|
|
|
183,168 |
16 |
. |
Add-Inn Sites for new 900 MHz Radios |
|
|
|
|
148,777 |
17 |
. |
Power Production - Installation of Impact and Curator Software System |
|
|
|
|
104,787 |
18 |
. |
Power Marketing Group Software |
|
|
|
|
1,328,544 |
19 |
. |
AM/FM Phase IV |
|
|
|
|
230,036 |
20 |
. |
Distribution Asset Management Software |
|
|
|
|
231,492 |
21 |
. |
Oracle Software License |
|
|
|
|
356,289 |
22 |
. |
Data Warehouse Software |
|
|
|
|
226,288 |
23 |
. |
Installation of new Windows XP Desktop Operating System |
|
|
|
|
295,587 |
24 |
. |
IT Project Management Implementation |
|
|
|
|
239,039 |
25 |
. |
MISC Projects under $100,000 |
|
|
|
|
13,835,699 |
26 |
. |
|
|
|
|
|
|
27 |
. |
|
|
|
|
|
|
28 |
. |
|
|
|
|
|
|
29 |
. |
|
|
|
|
|
|
30 |
. |
|
|
|
|
|
|
31 |
. |
|
|
|
|
|
|
32 |
. |
|
|
|
|
|
|
33 |
. |
|
|
|
|
|
|
34 |
. |
|
|
|
|
|
|
35 |
. |
The total of $53,045,951 does not include Nuclear Fuel or AFUDC on Nuclear |
|
|
|
|
|
36 |
. |
Fuel in the amount of $571,631. |
|
|
|
|
|
37 |
|
|
|
|
|
|
|
38 |
. |
|
|
|
|
|
|
39 |
. |
|
|
|
|
|
|
40 |
. |
|
|
|
|
|
|
41 |
. |
|
|
|
|
|
|
42 |
. |
|
|
|
|
|
|
43 |
. |
TOTAL |
|
|
|
|
53,045,951 |
FERC FORM NO. 1 (ED 12-87) Page 216.1 |
Name of Respondent |
This Report is: |
|
Date of Report |
|
Year of Report |
|
(1) X An Original |
(Mo, Da, Yr) |
|
||||
|
(2) A Resubmission |
4/30/2004 |
Dec. 31, 2003 |
|||
|
|
|||||
ACCUMULATED PROVISION FOR DEPRECIATION OF ELECTRIC UTILITY PLANT (Account 108) |
||||||
|
|
|||||
1. Explain in a footnote any important adjustments during the year. |
respondent has a significant amount of plant retired at |
|||||
|
|
|
|
|
|
|
Section A. Balances and Changes During Year |
||||||
Line |
Item |
Total |
|
Electric Plant |
Electric Plant |
Electric Plant |
No. |
|
(c+d+e) |
|
in Service |
Held for Future Use |
Leased to Others |
|
(a) |
(b) |
|
(c) |
(d) |
(e) |
|
|
|
|
|
|
|
1 |
Balance Beginning of Year |
$1,834,977,918 |
|
$1,834,977,918 |
|
|
2 |
Depreciation Provisions for Year, |
|
|
|
|
|
|
Charged to |
|
|
|
|
|
3 |
(403) Depreciation Expense |
127,075,799 |
|
127,075,799 |
|
|
4 |
(413) Exp. of Elec. Plt. Leas. to Others |
|
|
|
|
|
5 |
(413.1) Depreciation Expense for Asset |
|
|
|
|
|
6 |
Transportation Expenses-Clearing |
31,680 |
|
31,680 |
|
|
7 |
Other Clearing Accounts |
0 |
|
|
|
|
8 |
Other Accounts (Specify): |
7,715,981 |
|
7715981 |
|
|
9 |
Charged to Other Affiliates-Depr |
20,166 |
|
20,166 |
|
|
10 |
TOTAL Deprec. Prov. for Year |
|
|
|
|
|
|
Enter Total of lines 3 thru 8) |
134,843,626 |
|
134,843,626 |
|
|
11 |
Net Charges for Plant Retired: |
|
|
|
|
|
12 |
Book Cost of Plant Retired |
27,947,827 |
|
27,947,827 |
|
|
13 |
Cost of Removal |
22,637,822 |
|
22,637,822 |
|
|
14 |
Salvage (Credit) |
182,685,984 |
|
182,685,984 |
|
|
15 |
TOTAL Net Chrgs. for Plant Ret. |
(132,100,335) |
|
(132,100,335) |
|
|
|
(Enter Total of lines 11 thru 13) |
|
|
|
|
|
16 |
Other Debit or Credit Items (Describe): |
30,172,844 |
|
30,172,844 |
|
|
17 |
Other Changes for Retirement Work in Pro |
(113,499,514) |
|
(113,499,514) |
|
|
18 |
Book Cost or Asset Retirement Costs Retired |
|
|
|
|
|
|
Balance End of Year (Enter Total of |
|
|
|
|
|
19 |
Lines 1, 10, 15, 16, and 18) |
$2,018,595,209 |
|
$2,018,595,209 |
|
|
Section B. Balances at End of Year According to Functional Classifications |
||||||
20 |
Steam Production |
699,861,790 |
|
699,861,790 |
|
|
21 |
Nuclear Production |
622,970,868 |
|
622,970,868 |
|
|
22 |
Hydraulic Production - Conventional |
|
|
|
|
|
23 |
Hydraulic Production - Pumped Storage |
|
|
|
|
|
24 |
Other Production |
56,967,384 |
|
56,967,381 |
|
|
25 |
Transmission |
129,746,011 |
|
129,746,011 |
|
|
26 |
Distribution |
454,956,017 |
|
454,956,017 |
|
|
27 |
General |
54,093,139 |
|
54,093,139 |
|
|
28 |
TOTAL (Enter Total of lines 20 thru 27) |
2,018,595,209 |
|
2,018,595,206 |
|
|
FERC FORM NO. 1 (ED. 12-03) Page 219 |
Name of Respondent |
This Report is: |
Date of Report |
Year of Report |
||
Kansas City Power & Light Company |
(1) X An Original |
(Mo, Da, Yr) |
|||
(2) A Resubmission |
4/30/2004 |
Dec. 31, 2003 |
|||
1. Report below investments in Accounts 123.1, investments in Subsidiary Companies. |
|||||
2. Provide a subheading for each company and List there under the information called for below. Sub-TOTAL by |
|||||
company and give a TOTAL in columns (e), (f), (g), and (h) |
|||||
(a) Investment in Securities-List and describe each security owned. For bonds give also principal amount, date of |
|||||
issue, maturity and interest rate. |
|||||
(b) Investment Advances - Report separately the amounts of loans or investment advances which are subject to repayment, |
|||||
but which are not subject t current settlement. With respect to each advance show whether the advance is a note |
|||||
or open account. List each note giving date of issuance, maturity date, and specifying whether note is a renewal. |
|||||
(3) report separately the equity in undistributed subsidiary earnings since acquisition. The TOTAL in column (e) |
|||||
should equal the amount entered for Account 418.1. |
|||||
4. For any securities, notes, or accounts that were pledged designate such securities, notes, or accounts in a |
|||||
footnote, and state the name of pledgee and purposes of the pledge. |
|||||
5. If Commission approval was required for any advance made or security acquired, designate such fact I a footnote |
|||||
and give name of Commission. |
|||||
6. Report column (f) interest and dividend revenues from investments, including such revenues from securities |
|||||
disposed of during the year. |
|||||
7. In column (h) report for each investment disposed of during the year, the gain or loss represented by the difference |
|||||
between cost of the investment ( or the other amount at which carried in the books of account if difference from cost) |
|||||
and the selling price thereof, not including interest adjustment includible in column ( f). |
|||||
8. Report on Line 42, column (a) the TOTAL cost of Account 123.1 |
|||||
INVESTMENTS IN SUBSIDIARY COMPANIES ( Account 123.1) |
|||||
Line |
Description of Investment |
Date Acquired |
Date of Maturity |
Amount of Investment |
Line |
No. |
at the Beginning of Year |
No. |
|||
(a) |
(b) |
© |
(d) |
||
0 |
|||||
0 |
|||||
0 |
|||||
1 |
Home Service Solutions Inc. |
0 |
1 |
||
2 |
0 |
2 |
|||
3 |
SHARES AMOUNT |
0 |
3 |
||
4 |
5,500,000 5,500,000 |
05/29/98 |
0 |
4 |
|
5 |
9,500,000 9,500,000 |
08/28/98 |
0 |
5 |
|
6 |
2,000,000 2,000,000 |
09/16/98 |
0 |
6 |
|
7 |
3,000,000 3,000,000 |
10/22/98 |
0 |
7 |
|
8 |
1,150,158 1,150,158 |
12/02/98 |
0 |
8 |
|
9 |
3,000,000 3,000,000 |
2/23/99 |
0 |
9 |
|
10 |
849,842 849,842 |
4/30/99 |
0 |
10 |
|
11 |
2,000,000 2,000,000 |
5/12/99 |
0 |
11 |
|
12 |
3,000,000 3,000,000 |
6/29/99 |
0 |
12 |
|
13 |
6,500,000 6,500,000 |
8/24/99 |
0 |
13 |
|
14 |
3,000,000 3,000,000 |
8/26/99 |
0 |
14 |
|
15 |
854,934 854,934 |
10/24/99 |
0 |
15 |
|
16 |
940,302 940,302 |
10/27/99 |
0 |
16 |
|
17 |
2,440,498 2,440,498 |
11/12/99 |
0 |
17 |
|
18 |
1,506,406 1,506,406 |
11/26/99 |
0 |
18 |
|
19 |
1,100,000 1,100,000 |
12/13/99 |
0 |
19 |
|
20 |
560,000 560,000 |
03/08/01 |
0 |
20 |
|
21 |
0 |
21 |
|||
22 |
------------ ------------ |
0 |
22 |
||
23 |
46,902,140 46,902,140 |
46,902,140 |
23 |
||
24 |
0 |
24 |
|||
25 |
Income (loss) from subsidiaries |
-30,778,980 |
25 |
||
26 |
0 |
26 |
|||
27 |
Subtotal |
16,123,160 |
27 |
||
28 |
0 |
28 |
|||
29 |
0 |
29 |
|||
30 |
0 |
30 |
|||
31 |
Kansas City Power & Light Receivable Company |
3,000,000 |
31 |
||
32 |
Income (loss) from subsidiaries |
(2,717,550) |
32 |
||
33 |
Subtotal |
282,450 |
33 |
||
34 |
34 |
||||
35 |
KCPL Financing I (Trust) |
4,640,000 |
35 |
||
36 |
Subtotal |
4,640,000 |
36 |
||
37 |
37 |
||||
38 |
0 |
38 |
|||
39 |
0 |
39 |
|||
40 |
0 |
40 |
|||
41 |
41 |
||||
42 |
Total Cost of Account 123.1 $ 54,542,140 |
TOTAL |
21,045,610 |
42 |
|
FERC FORM NO. 1 (ED. 12-89) Page 224 |
Name of Respondent |
This Report is: |
Date of Report |
Year of Report |
|
Kansas City Power & Light Company |
(1) X An Original |
(Mo, Da, Yr) |
|
|
|
(2) A Resubmission |
4/30/2004 |
Dec. 31, 2003 |
|
|
|
|||
|
|
|
|
|
Equity in Subsidiary |
Revenues for Year |
Amount of Investment at |
Gain or Loss from |
|
Earnings of Year |
|
End of Year |
Investment Disposes of |
Line |
(e) |
(f) |
(g) |
(h) |
No. |
|
|
|
|
|
0 |
0 |
0 |
0 |
|
0 |
0 |
0 |
0 |
|
0 |
0 |
0 |
0 |
|
0 |
0 |
0 |
0 |
1 |
0 |
0 |
0 |
0 |
2 |
0 |
0 |
0 |
0 |
3 |
0 |
0 |
0 |
0 |
4 |
0 |
0 |
0 |
0 |
5 |
0 |
0 |
0 |
0 |
6 |
0 |
0 |
0 |
0 |
7 |
0 |
0 |
0 |
0 |
8 |
0 |
0 |
0 |
0 |
9 |
0 |
0 |
0 |
0 |
10 |
0 |
0 |
0 |
0 |
11 |
0 |
0 |
0 |
0 |
12 |
0 |
0 |
0 |
0 |
13 |
0 |
0 |
0 |
0 |
14 |
0 |
0 |
0 |
0 |
15 |
0 |
0 |
0 |
0 |
16 |
0 |
0 |
0 |
0 |
17 |
0 |
0 |
0 |
0 |
18 |
0 |
0 |
0 |
0 |
19 |
|
0 |
|
0 |
20 |
0 |
0 |
|
0 |
21 |
0 |
0 |
|
0 |
22 |
0 |
0 |
46,902,140 |
0 |
23 |
0 |
0 |
0 |
0 |
24 |
-10,075,387 |
0 |
-40,854,367 |
-7,070,761 |
25 |
|
0 |
|
0 |
26 |
-10,075,387 |
0 |
6,047,773 |
-7,070,761 |
27 |
|
0 |
|
0 |
28 |
0 |
0 |
0 |
0 |
29 |
0 |
0 |
0 |
0 |
30 |
0 |
0 |
3,000,000 |
0 |
31 |
1,526,740 |
0 |
-1,190,810 |
0 |
32 |
1,526,740 |
0 |
1,809,190 |
0 |
33 |
0 |
0 |
0 |
0 |
34 |
0 |
0 |
4,640,000 |
0 |
35 |
0 |
0 |
4,640,000 |
0 |
36 |
|
|
|
|
37 |
|
|
|
|
38 |
|
|
|
|
39 |
|
|
|
|
40 |
0 |
0 |
0 |
0 |
41 |
-8,548,647 |
|
12,496,963 |
-7,070,761 |
42 |
FERC FORM NO. 1 (ED. 12-89) Page 225 |
Name of Respondent |
This Report is: |
Date of Report |
Year of Report |
|||||
Kansas City Power & Light Company |
(1) X An Original |
(Mo, Da, Yr) |
|
|||||
|
(2) A Resubmission |
4/30/2004 |
Dec. 31, 2003 |
|||||
|
|
|
|
|
|
|
|
|
|
|
|
MATERIALS AND SUPPLIES |
|
||||
1. For Account 154, report the amount of plant materials |
ments during the year (in a footnote) showing general |
|||||||
and operating supplies under the primary functional class- |
classes of material and supplies and the various accounts |
|||||||
ifications as indicated in column (a); estimates of amounts |
(operating expenses, clearing accounts, plant, etc.) |
|||||||
by function are acceptable. In column (d), designate the |
affected - debited or credited. Show separately debits |
|||||||
department or departments which use the class of material. |
or credits to stores expense-clearing, if applicable. |
|||||||
|
2. Give an explanation of important inventory adjust- |
|
||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
Department or |
||||
|
|
Balance |
|
Departments |
||||
Line |
Account |
|
Beginning of |
Balance |
Which |
|||
No. |
|
Year |
End of Year |
Use Material |
||||
|
|
|
|
|
||||
|
|
|
(a) |
|
|
(b) |
(c) |
(d) |
1 |
Fuel Stock (Account 151) |
|
|
$21,310,585 |
$22,542,535 |
|
||
2 |
Fuel Stock Expenses Undistributed (Account 152) |
|
|
|
||||
3 |
Residuals and Extracted Products (Account 153) |
|
|
|
||||
4 |
Plant Materials and Operating Supplies (Account 154) |
|
|
|
||||
5 |
|
Assigned to - Construction (Estimated) |
|
|
|
|
||
6 |
|
Assigned to - Operations and Maintenance |
|
|
|
|
||
7 |
|
|
Production Plant (Estimated) |
|
|
|
|
|
8 |
|
|
Transmission Plant (Estimated) |
|
|
|
|
|
9 |
|
|
Distribution Plant (Estimated) |
|
|
|
|
|
10 |
|
Assigned to - Other |
|
|
50,531,677 |
56,323,942 |
||
11 |
|
|
TOTAL Account 154 (Total of lines 5 thru 10) |
|
50,531,677 |
56,323,942 |
All Departments |
|
12 |
Merchandise (Account 155) |
|
|
|
|
|
||
13 |
Other Materials and Supplies (Account 156) |
|
|
|
|
|||
14 |
Nuclear Materials Held for Sale (Account 157) |
|
|
|
|
|||
|
(Not applicable to Gas Utilities) |
|
|
|
|
|
||
15 |
Stores Expense Undistributed (Account 163) |
|
268,600 |
275,520 |
|
|||
16 |
|
|
|
|
|
|
|
|
17 |
|
|
|
|
|
|
|
|
18 |
|
|
|
|
|
|
|
|
19 |
|
|
|
|
|
|
|
|
20 |
|
|
TOTAL Materials and Supplies (per Balance Sheet) |
$72,110,862 |
$79,141,997 |
|
||
FERC FORM NO. 1 (ED. 12-96) Page 227 |
EXHIBIT F-10 WCNOC PLANT ACCOUNTS |
|||||
|
Dec. 31, 2003 |
||||
|
|||||
FOR DEPRECIATION, AMORTIZATION AND DEPLETION |
|||||
|
|
|
|
||
Line |
Item |
Total |
Electric |
||
No. |
|
|
(a) |
(b) |
(c) |
1 |
|
|
UTILITY PLANT |
|
|
2 |
In Service |
|
|
||
3 |
|
Plant in Service (Classified) |
$3,093,138,221 |
Same |
|
4 |
|
Property Under Capital Leases |
|
as |
|
5 |
|
Plant Purchased or Sold |
|
Total |
|
6 |
|
Completed Construction not Classified |
|
|
|
7 |
|
Experimental Plant Unclassified |
|
|
|
8 |
|
|
TOTAL (Enter Total of lines 3 thru 7) |
3,093,138,221 |
|
9 |
Leased to Others |
|
|
||
10 |
Held for Future Use |
657,178 |
|
||
11 |
Construction Work in Progress |
19,662,356 |
|
||
12 |
Acquisition Adjustments |
|
|
||
13 |
|
|
TOTAL Utility Plant (Enter Total of lines 8 thru 12) |
3,113,457,755 |
|
14 |
Accum. Prov. for Depr., Amort., & Depl. |
1,305,911,158 |
|
||
15 |
|
|
Net Utility Plant (Enter total of line 13 less 14) |
$1,807,546,597 |
|
16 |
DETAIL OF ACCUMULATED PROVISIONS FOR |
|
|
||
|
|
|
DEPRECIATION, AMORTIZATION AND DEPLETION |
|
|
17 |
In Service: |
|
|
||
18 |
|
Depreciation |
$1,291,311,705 |
|
|
19 |
|
Amort. and Depl. of Producing Natural Gas Land and Land Rights |
|
|
|
20 |
|
Amort. of Underground Storage Land and Land Rights |
|
|
|
21 |
|
Amort. of Other Utility Plant |
14,599,453 |
|
|
22 |
|
|
TOTAL in Service (Enter Total of lines 18 thru 21) |
1,305,911,158 |
|
23 |
Leased to Others |
|
|
||
24 |
|
Depreciation |
|
|
|
25 |
|
Amortization and Depletion |
|
|
|
26 |
|
|
TOTAL Leased to Others (Enter Total of lines 24 and 25) |
|
|
27 |
Held for Future Use |
|
|
||
28 |
|
Depreciation |
|
|
|
29 |
|
Amortization |
|
|
|
30 |
|
|
TOTAL Held for Future Use (Enter Total of lines 28 and 29) |
|
|
31 |
Abandonment of Leases (Natural Gas) |
|
|
||
32 |
|
Amort. of Plant Acquisition Adjustment |
|
|
|
|
|
|
|
||
33 |
TOTAL Accumulated Provisions (Should agree with line 14 above) |
|
|
||
|
|
(Enter Total of lines 22, 26, 30, 31, and 32) |
$1,305,911,158 |
|
|
FERC FORM NO. 1 (ED. 12-89) Page 200 |
Wolf Creek Nuclear Operating Corporation |
An Original |
Dec. 31, 2003 |
||||||
|
NUCLEAR FUEL MATERIALS (Accounts 120.1 through 120.6 and 157) |
|
||||||
|
1. Report below the costs incurred for nuclear fuel |
arrangements, attach a statement showing the |
||||||
materials in process of fabrication, on hand, in reactor, |
amount of nuclear fuel leased, the quantity used and |
|||||||
and in cooling; owned by the respondent. |
quantity on hand, and the costs incurred under such |
|||||||
|
2. If the nuclear fuel stock is obtained under leasing |
leasing arrangements. |
|
|||||
|
|
|
|
|
|
|
||
|
|
|
Changes During Year |
|||||
Line |
Description of Item |
|
Balance |
|
||||
No. |
|
Beginning of Year |
Additions |
|||||
|
(a) |
|
|
(b) |
(c) |
|
||
1 |
Nuclear Fuel in Process of Refinement, |
|
|
|
||||
|
Conversion, Enrichment & Fabrication (120.1) |
|
|
|
|
|
||
2 |
Fabrication |
|
|
|
|
|
||
3 |
Nuclear Materials |
|
|
$37,268 |
$41,715,916 |
|
||
4 |
Allowance for Funds Used during Construction |
|
|
16,376 |
176,004 |
|
||
5 |
Other Overhead Construction Costs |
|
|
496,972 |
503,006 |
|
||
6 |
SUBTOTAL (Enter Total of lines 2 thru 5) |
|
|
550,616 |
42,394,926 |
|
||
7 |
Nuclear Fuel Materials and Assemblies |
|
|
|
|
|
||
8 |
In Stock (120.2) |
|
|
0 |
41,730,114 |
|
||
9 |
In Reactor (120.3) |
|
|
98,848,772 |
41,730,114 |
|
||
10 |
SUBTOTAL (Enter Total of lines 8 and 9) |
|
|
98,848,772 |
83,460,228 |
|
||
11 |
Spent Nuclear Fuel (120.4) |
|
|
203,124,054 |
44,556,102 |
|
||
12 |
Nuclear Fuel Under Capital Leases (120.6) |
|
|
|
|
|
||
13 |
(Less) Accum. Prov. for Amortization of |
|
|
|
||||
|
Nuclear Fuel Assemblies (120.5) |
|
|
256,602,942 |
|
|
||
14 |
TOTAL Nuclear Fuel Stock (Enter Total |
|
|
|
|
|||
|
lines 6, 10, 11 and 12 less line 13) |
|
|
$45,920,500 |
|
|||
15 |
Estimated Net Salvage Value of Nuclear |
|
|
|
|
|||
|
Materials in line 9 |
|
|
|
|
|
||
16 |
Estimated Net Salvage Value of Nuclear |
|
|
|
|
|||
|
Materials in line 11 |
|
|
|
|
|
||
17 |
Estimated Net Salvage Value of Nuclear |
|
|
|
|
|||
|
Materials in Chemical Processing |
|
|
|
|
|
||
18 |
Nuclear Materials Held for Sale (157) |
|
|
|
|
|
||
19 |
Uranium |
|
|
|
|
|
||
20 |
Plutonium |
|
|
|
|
|
||
21 |
Other |
|
|
|
|
|
||
22 |
TOTAL Nuclear Materials Held for Sale |
|
|
|
|
|||
|
(Enter Total of lines 19, 20 and 21) |
|
|
|
|
|
||
FERC FORM NO. 1 (ED. 12-88) Page 202 |
||||||||
Wolf Creek Nuclear Operating Corporation |
An Original |
Dec. 31, 2003 |
|||||
NUCLEAR FUEL MATERIALS (Accounts 120.1 through 120.6 and 157) (Continued) |
|||||||
|
|
||||||
|
|
||||||
|
|
||||||
|
|
||||||
|
|
|
|
|
|
||
Changes During the Year |
|
|
|
||||
|
|
Other Reductions |
|
Balance |
Line |
||
Amortization |
|
(Explain in a footnote) |
|
End of Year |
No. |
||
(d) |
|
(e) |
|
(f) |
|
||
|
|
|
|
1 |
|||
|
|
|
|
|
|
||
|
|
|
|
|
2 |
||
|
|
$40,708,922 |
(1) |
$1,044,262 |
3 |
||
|
|
189,465 |
(1) |
2,915 |
4 |
||
|
|
831,727 |
(1) |
168,251 |
5 |
||
|
|
41,730,114 |
|
1,215,428 |
6 |
||
|
|
|
|
|
7 |
||
|
|
41,730,114 |
(2) |
0 |
8 |
||
|
|
44,556,102 |
(3) |
96,022,784 |
9 |
||
|
|
86,286,216 |
|
96,022,784 |
10 |
||
|
|
43,708,746 |
(4) |
203,971,410 |
11 |
||
|
|
|
|
|
12 |
||
|
|
|
|
13 |
|||
$26,304,192 |
|
43,708,746 |
(4) |
239,198,388 |
|
||
|
|
|
|
|
14 |
||
|
$62,011,234 |
|
|||||
|
|
|
|
|
15 |
||
|
|
|
|
|
|
||
|
|
|
|
|
16 |
||
|
|
|
|
|
|
||
|
|
|
|
|
17 |
||
|
|
|
|
|
|
||
|
|
|
|
|
18 |
||
|
|
|
|
|
19 |
||
|
|
|
|
|
20 |
||
|
|
|
|
|
21 |
||
|
|
|
|
|
22 |
||
|
|
|
|
|
|
||
(1) Fabricated assemblies were transferred to Stock (120.2) upon delivery. |
|||||||
(2) Assemblies placed in-service were transferred to In-Reactor (120.3) at cycle start. |
|||||||
(3) Discharged assemblies were transferred to Spent Nuclear Fuel (120.4) for their cooling period. |
|||||||
(4) Assemblies meeting the five year cooling period were retired from the books. |
|||||||
|
|||||||
FERC FORM NO. 1 (ED. 12-88) Page 203 |
|||||||
|
Wolf Creek Nuclear Operating Corporation |
An Original |
Dec. 31, 2003 |
||||||
ELECTRIC PLANT IN SERVICE (Accounts 101, 102, 103, and 106) |
||||||||
1. Report below the original cost of electric plant in ser- |
in column (c) . Also to be included in column (c) are |
|||||||
vice according to the prescribed accounts. |
entries for reversals of tentative distributions of prior |
|||||||
2. In addition to Account 101, Electric Plant in Service |
year reported in column (b). Likewise, if the respondent |
|||||||
(Classified), this page and the next include Account 102, |
has a significant amount of plant retirements which have |
|||||||
Electric Plant Purchased or Sold; Account 103, Experimental |
not been classified to primary accounts at the end of |
|||||||
Electric Plant Unclassified; and Account 106, Completed |
the year, include in column (d) a tentative distribution of |
|||||||
Construction Not Classified - Electric. |
such retirements, on an estimated basis, with |
|||||||
3. Include in column (c) or (d), as appropriate, corrections |
appropriate contra entry to the account for accumulated |
|||||||
of additions and retirements for the current or preceding year. |
depreciation provision. Include also in column (d) re- |
|||||||
4. Enclose in parentheses credit adjustments of plant |
versals of tentative distributions of prior year of |
|||||||
accounts to indicate the negative effect of such accounts. |
unclassified retirements. Show in a footnote the account |
|||||||
5. Classify Account 106 according to prescribed accounts, |
distributions of these tentative classifications in columns |
|||||||
on an estimated basis if necessary, and include the entries |
(c) and (d), including the reversals of the prior years |
|||||||
|
|
|
|
|
|
|
||
|
|
Balance at |
|
|||||
Line |
Account |
|
Beginning of Year |
Additions |
||||
No. |
|
|
(a) |
|
(b) |
(c) |
||
1 |
|
|
1. INTANGIBLE PLANT |
|
|
|
||
2 |
(301) |
Organization |
|
|
|
|||
3 |
(302) |
Franchises and Consents |
|
|
|
|||
4 |
(303) |
Miscellaneous Intangible Plant |
|
$16,330,655 |
$686,387 |
|||
5 |
|
|
TOTAL Intangible Plant (Enter Total of lines 2, 3, and 4) |
16,330,655 |
686,387 |
|||
6 |
|
|
2. PRODUCTION PLANT |
|
|
|
||
7 |
|
|
A. Steam Production Plant |
|
|
|
||
8 |
(310) |
Land and Land Rights |
|
|
|
|||
9 |
(311) |
Structures and Improvements |
|
|
|
|||
10 |
(312) |
Boiler Plant Equipment |
|
|
|
|||
11 |
(313) |
Engines and Engine-Driven Generators |
|
|
|
|||
12 |
(314) |
Turbogenerator Units |
|
|
|
|||
13 |
(315) |
Accessory Electric Equipment |
|
|
|
|||
14 |
(316) |
Misc. Power Plant Equipment |
|
|
|
|||
15 |
|
|
TOTAL Steam Production Plant (Enter Total of lines 8 thru 14) |
|
|
|||
16 |
|
|
B. Nuclear Production Plant |
|
|
|
||
17 |
(320) |
Land and Land Rights |
|
7,258,691 |
|
|||
18 |
(321) |
Structures and Improvements |
|
870,528,783 |
2,377,546 |
|||
19 |
(322) |
Reactor Plant Equipment |
|
1,381,780,055 |
12,171,521 |
|||
20 |
(323) |
Turbogenerator Units |
|
361,899,508 |
31,490 |
|||
21 |
(324) |
Accessory Electric Equipment |
|
288,064,234 |
59,406 |
|||
22 |
(325) |
Misc. Power Plant Equipment |
|
134,772,769 |
1,492,198 |
|||
23 |
|
|
TOTAL Nuclear Production Plant (Enter Total of lines 17 thru 22) |
3,044,304,040 |
16,132,161 |
|||
24 |
|
|
C. Hydraulic Production Plant |
|
|
|
||
25 |
(330) |
Land and Land Rights |
|
|
|
|||
26 |
(331) |
Structures and Improvements |
|
|
|
|||
27 |
(332) |
Reservoirs, Dams, and Waterways |
|
|
|
|||
28 |
(333) |
Water Wheels, Turbines, and Generators |
|
|
|
|||
29 |
(334) |
Accessory Electric Equipment |
|
|
|
|||
30 |
(335) |
Misc. Power Plant Equipment |
|
|
|
|||
31 |
(336) |
Roads, Railroads, and Bridges |
|
|
|
|||
32 |
|
|
TOTAL Hydraulic Production Plant (Enter Total of lines 25 thru 31) |
|
|
|||
33 |
|
|
D. Other Production Plant |
|
|
|
||
34 |
(340) |
Land and Land Rights |
|
|
|
|||
35 |
(341) |
Structures and Improvements |
|
|
|
|||
36 |
(342) |
Fuel Holders, Products, and Accessories |
|
|
|
|||
37 |
(343) |
Prime Movers |
|
|
|
|||
38 |
(344) |
Generators |
|
|
|
|||
39 |
(345) |
Accessory Electric Equipment |
|
|
|
|||
FERC FORM NO. 1 (ED. 12-88) Page 204 |
||||||||
Wolf Creek Nuclear Operating Corporation |
An Original |
Dec. 31, 2003 |
|||||||
ELECTRIC PLANT IN SERVICE (Accounts 101, 102, 103, and 106) (Continued) |
|||||||||
tentative account distributions of these amounts. |
only the offset to the debits or credits distributed in column (f) |
||||||||
Careful observance of the above instructions and the |
to primary account classifications. |
||||||||
texts of Accounts 101 and 106 will avoid serious |
7. For Account 399, state the nature and use of plant |
||||||||
omissions of the reported amount of respondent's |
included in this account and if substantial in amount submit |
||||||||
plant actually in service at end of year. |
a supplementary statement showing subaccount classification |
||||||||
6. Show in column (f) reclassifications or transfers |
of such plant conforming to the requirements of these pages. |
||||||||
within utility plant accounts. Include also in column (f) |
8. For each amount comprising the reported balance and |
||||||||
the additions or reductions of primary account classi- |
changes in Account 102, state the property purchased or |
||||||||
fications arising from distribution of amounts initially |
sold, name of vendor or purchaser, and date of transaction. |
||||||||
recorded in Account 102. In showing the clearance of |
if proposed journal entries have been filed with the Commission |
||||||||
Account 102, include in column (e) the amounts with |
as required by the Uniform System of Accounts, give also date |
||||||||
respect to accumulated provision for depreciation, |
of such filing. |
|
|||||||
acquistion adjustments, etc., and show in column (f) |
|
||||||||
|
|
||||||||
|
|
|
|
|
Balance at |
|
|
||
Retirements |
Adjustments |
|
Transfers |
End of Year |
|
Line |
|||
(d) |
(e) |
|
|
(f) |
(g) |
|
No. |
||
|
|
|
|
|
|
|
1 |
||
|
|
|
|
|
|
(301) |
2 |
||
|
|
|
|
|
|
(302) |
3 |
||
$200,766 |
|
|
|
|
$16,816,276 |
(303) |
4 |
||
200,766 |
|
|
|
|
16,816,276 |
|
5 |
||
|
|
|
|
|
|
|
6 |
||
|
|
|
|
|
|
|
7 |
||
|
|
|
|
|
|
(310) |
8 |
||
|
|
|
|
|
|
(311) |
9 |
||
|
|
|
|
|
|
(312) |
10 |
||
|
|
|
|
|
|
(313) |
11 |
||
|
|
|
|
|
|
(314) |
12 |
||
|
|
|
|
|
|
(315) |
13 |
||
|
|
|
|
|
|
(316) |
14 |
||
|
|
|
|
|
|
|
15 |
||
|
|
|
|
|
|
|
16 |
||
|
|
|
|
|
$7,258,691 |
(320) |
17 |
||
$892,453 |
|
|
|
|
872,013,876 |
(321) |
18 |
||
9,628,658 |
|
|
|
|
1,384,322,918 |
(322) |
19 |
||
57,406 |
|
|
|
|
361,873,592 |
(323) |
20 |
||
957,427 |
|
|
|
|
287,166,213 |
(324) |
21 |
||
782,328 |
|
|
|
|
135,482,639 |
(325) |
22 |
||
12,318,272 |
|
|
|
|
3,048,117,929 |
|
23 |
||
|
|
|
|
|
|
|
24 |
||
|
|
|
|
|
|
(330) |
25 |
||
|
|
|
|
|
|
(331) |
26 |
||
|
|
|
|
|
|
(332) |
27 |
||
|
|
|
|
|
|
(333) |
28 |
||
|
|
|
|
|
|
(334) |
29 |
||
|
|
|
|
|
|
(335) |
30 |
||
|
|
|
|
|
|
(336) |
31 |
||
|
|
|
|
|
|
|
32 |
||
|
|
|
|
|
|
|
33 |
||
|
|
|
|
|
|
(340) |
34 |
||
|
|
|
|
|
|
(341) |
35 |
||
|
|
|
|
|
|
(342) |
36 |
||
|
|
|
|
|
|
(343) |
37 |
||
|
|
|
|
|
|
(344) |
38 |
||
|
|
|
|
|
|
(345) |
39 |
||
FERC FORM NO. 1 (ED. 12-88) Page 205 |
Wolf Creek Nuclear Operating Corporation |
An Original |
Dec. 31, 2003 |
||||||
|
|
ELECTRIC PLANT IN SERVICE (Accounts 101, 102, 103, and 106) (Continued) |
||||||
|
|
|
|
|
Balance at |
|
||
Line |
Account |
Beginning of Year |
Additions |
|||||
No. |
|
|
(a) |
|
(b) |
(c) |
||
40 |
(346) |
Misc. Power Plant Equipment |
|
|
|
|||
41 |
|
|
TOTAL Other Prod. Plant (Enter Total of lines 34 thru 40) |
|
|
|||
42 |
|
|
TOTAL Prod. Plant (Enter Total of lines 15, 23, 32 and 41) |
$3,044,304,040 |
$16,132,161 |
|||
43 |
|
|
3. TRANSMISSION PLANT |
|
|
|
||
44 |
(350) |
Land and Land Rights |
|
756 |
|
|||
45 |
(352) |
Structures and Improvements |
|
555,454 |
0 |
|||
46 |
(353) |
Station Equipment |
|
22,782,978 |
0 |
|||
47 |
(354) |
Towers and Fixtures |
|
|
|
|||
48 |
(355) |
Poles and Fixtures |
|
123,948 |
0 |
|||
49 |
(356) |
Overhead Conductors and Devices |
|
83,867 |
0 |
|||
50 |
(357) |
Underground Conduit |
|
|
|
|||
51 |
(358) |
Underground Condutors and Devices |
|
|
|
|||
52 |
(359) |
Roads and Trails |
|
|
|
|||
53 |
|
|
TOTAL Transmission Plant (Enter Total of lines 44 thru 52) |
23,547,003 |
0 |
|||
54 |
|
|
4. DISTRIBUTION PLANT |
|
|
|
||
55 |
(360) |
Land and Land Rights |
|
|
|
|||
56 |
(361) |
Structures and Improvements |
|
|
|
|||
57 |
(362) |
Station Equipment |
|
|
|
|||
58 |
(363) |
Storage Battery Equipment |
|
|
|
|||
59 |
(364) |
Poles, Towers, and Fixtures |
|
|
|
|||
60 |
(365) |
Overhead Conductors and Devices |
|
|
|
|||
61 |
(366) |
Underground Conduit |
|
|
|
|||
62 |
(367) |
Underground Condutors and Devices |
|
|
|
|||
63 |
(368) |
Line Transformers |
|
|
|
|||
64 |
(369) |
Services |
|
|
|
|||
65 |
(370) |
Meters |
|
|
|
|||
66 |
(371) |
Installations on Customer Premises |
|
|
|
|||
67 |
(372) |
Leased Property on Customer Premises |
|
|
|
|||
68 |
(373) |
Street Lighting and Signal Systems |
|
|
|
|||
69 |
|
|
TOTAL Distribution Plant (Enter Total of lines 55 thru 68) |
|
|
|||
70 |
|
|
5. GENERAL PLANT |
|
|
|
||
71 |
(389) |
Land and Land Rights |
|
|
|
|||
72 |
(390) |
Structures and Improvements |
|
|
|
|||
73 |
(391) |
Office Furniture and Equipment |
|
3,709,747 |
556,488 |
|||
74 |
(392) |
Transportation Equipment |
|
|
|
|||
75 |
(393) |
Stores Equipment |
|
|
|
|||
76 |
(394) |
Tools, Shop and Garage Equipment |
|
|
|
|||
77 |
(395) |
Laboratory Equipment |
|
|
|
|||
78 |
(396) |
Power Operated Equipment |
|
|
|
|||
79 |
(397) |
Communication Equipment |
|
390,778 |
0 |
|||
80 |
(398) |
Miscellaneous Equipment |
|
|
|
|||
81 |
|
|
SUBTOTAL(Enter Total of lines 71 thru 80) |
|
4,100,525 |
556,488 |
||
82 |
(399) |
Other Tangible Property |
|
|
|
|||
83 |
|
|
TOTAL General Plant (Enter Total of lines 81 and 82) |
4,100,525 |
556,488 |
|||
84 |
|
|
TOTAL (Accounts 101 and 106) |
|
3,088,282,223 |
17,375,036 |
||
85 |
(102) |
Electric Plant Purchased (See Instr. 8) |
|
|
|
|||
86 |
(Less) |
(102) Electric Plant Sold (See Instr. 8) |
|
|
|
|||
87 |
(103) |
Experimental Plant Unclassified |
|
|
|
|||
88 |
|
|
TOTAL Electric Plant in Service (Enter Total of Lines 84 thru 87) |
$3,088,282,223 |
$17,375,036 |
|||
FERC FORM NO. 1 (ED. 12-88) Page 206 |
Wolf Creek Nuclear Operating Corporation |
An Original |
Dec. 31, 2003 |
|||||||
ELECTRIC PLANT IN SERVICE (Accounts 101, 102, 103, and 106) (Continued) |
|||||||||
|
|
|
|
|
Balance at |
|
|
||
Retirements |
Adjustments |
|
Transfers |
End of Year |
|
Line |
|||
(d) |
(e) |
|
|
(f) |
(g) |
|
No. |
||
|
|
|
|
|
|
(346) |
40 |
||
|
|
|
|
|
|
|
41 |
||
$12,318,272 |
|
|
|
|
$3,048,117,929 |
|
42 |
||
|
|
|
|
|
|
|
43 |
||
|
|
|
|
|
756 |
(350) |
44 |
||
0 |
|
|
|
|
555,454 |
(352) |
45 |
||
|
|
|
|
|
22,782,978 |
(353) |
46 |
||
|
|
|
|
|
|
(354) |
47 |
||
|
|
|
|
|
123,948 |
(355) |
48 |
||
|
|
|
|
|
83,867 |
(356) |
49 |
||
|
|
|
|
|
|
(357) |
50 |
||
|
|
|
|
|
|
(358) |
51 |
||
|
|
|
|
|
|
(359) |
52 |
||
0 |
|
|
|
|
$23,547,003 |
|
53 |
||
|
|
|
|
|
|
|
54 |
||
|
|
|
|
|
|
(360) |
55 |
||
|
|
|
|
|
|
(361) |
56 |
||
|
|
|
|
|
|
(362) |
57 |
||
|
|
|
|
|
|
(363) |
58 |
||
|
|
|
|
|
|
(364) |
59 |
||
|
|
|
|
|
|
(365) |
60 |
||
|
|
|
|
|
|
(366) |
61 |
||
|
|
|
|
|
|
(367) |
62 |
||
|
|
|
|
|
|
(368) |
63 |
||
|
|
|
|
|
|
(369) |
64 |
||
|
|
|
|
|
|
(370) |
65 |
||
|
|
|
|
|
|
(371) |
66 |
||
|
|
|
|
|
|
(372) |
67 |
||
|
|
|
|
|
|
(373) |
68 |
||
|
|
|
|
|
|
|
69 |
||
|
|
|
|
|
|
|
70 |
||
|
|
|
|
|
|
(389) |
71 |
||
|
|
|
|
|
|
(390) |
72 |
||
0 |
|
|
|
|
4,266,235 |
(391) |
73 |
||
|
|
|
|
|
|
(392) |
74 |
||
|
|
|
|
|
|
(393) |
75 |
||
|
|
|
|
|
|
(394) |
76 |
||
|
|
|
|
|
|
(395) |
77 |
||
|
|
|
|
|
|
(396) |
78 |
||
0 |
|
|
|
|
390,778 |
(397) |
79 |
||
|
|
|
|
|
|
(398) |
80 |
||
0 |
|
|
|
|
4,657,013 |
|
81 |
||
|
|
|
|
|
|
(399) |
82 |
||
0 |
|
|
|
|
4,657,013 |
|
83 |
||
12,519,038 |
|
|
|
|
3,093,138,221 |
|
84 |
||
|
|
|
|
|
|
(102) |
85 |
||
|
|
|
|
|
|
|
86 |
||
|
|
|
|
|
|
(103) |
87 |
||
$12,519,038 |
|
|
|
|
$3,093,138,221 |
|
88 |
||
FERC FORM NO. 1 (ED. 12-88) Page 207 |
Wolf Creek Nuclear Operating Corporation |
An Original |
Dec. 31, 2003 |
||||
ELECTRIC PLANT HELD FOR FUTURE USE (Account 105) |
||||||
|
1. Report separately each property held for future use at |
held for future use, give in column (a), in addition |
||||
end of the year having an original cost of $250,000 or more. |
to other required information, the date that utility |
|||||
Group other items of property held for future use. |
use of such property was discontinued, and the date |
|||||
|
2. For property having an original cost of $250,000 |
the original cost was transferred to Account 105. |
||||
or more previously used in utility operations, now |
|
|||||
|
|
|
|
|
||
|
|
Date Originally |
Date Expected |
Balance at |
||
Line |
Description and Location |
Included in |
to be Used in |
End of |
||
No. |
of Property |
This Account |
Utility Service |
Year |
||
|
(a) |
(b) |
(c) |
(d) |
||
1 |
Land and Land Rights: |
|
|
|
||
2 |
|
|
|
|
||
3 |
None |
|
|
|
||
4 |
|
|
|
|
||
5 |
|
|
|
|
||
6 |
|
|
|
|
||
7 |
|
|
|
|
||
8 |
|
|
|
|
||
9 |
|
|
|
|
||
10 |
|
|
|
|
||
11 |
|
|
|
|
||
12 |
|
|
|
|
||
13 |
|
|
|
|
||
14 |
|
|
|
|
||
15 |
|
|
|
|
||
16 |
|
|
|
|
||
17 |
|
|
|
|
||
18 |
|
|
|
|
||
19 |
|
|
|
|
||
20 |
|
|
|
|
||
21 |
Other Property: |
|
|
|
||
22 |
|
|
|
|
||
23 |
Reclassified from Account 107 |
Dec. 1985 |
Unknown |
$657,178 |
||
24 |
(KGE only) |
|
|
|
||
25 |
|
|
|
|
||
26 |
|
|
|
|
||
27 |
|
|
|
|
||
28 |
|
|
|
|
||
29 |
|
|
|
|
||
30 |
|
|
|
|
||
31 |
|
|
|
|
||
32 |
|
|
|
|
||
33 |
|
|
|
|
||
34 |
|
|
|
|
||
35 |
|
|
|
|
||
36 |
|
|
|
|
||
37 |
|
|
|
|
||
38 |
|
|
|
|
||
39 |
|
|
|
|
||
40 |
|
|
|
|
||
41 |
|
|
|
|
||
42 |
|
|
|
|
||
43 |
|
|
|
|
||
44 |
|
|
|
|
||
45 |
|
|
|
|
||
46 |
|
|
|
|
||
47 |
TOTAL |
|
|
$ 657,178 |
||
FERC FORM NO. 1 (ED. 12-89) Page 214 |
Wolf Creek Nuclear Operating Corporation |
An Original |
Dec. 31, 2003 |
|||||
CONSTRUCTION WORK IN PROGRESS-ELECTRIC (Account 107) |
|||||||
|
1. Report below descriptions and balances at end of year |
Uniform System of Accounts). |
|||||
of projects in process of construction (107). |
3. Minor projects (5% of the Balance End of the |
||||||
|
2. Show items relating to "research, development, and |
Year for Account 107 or $100,000, whichever is less) |
|||||
demonstration" projects last, under a caption Research, |
may be grouped. |
||||||
Development, and Demonstration (see Account 107 of the |
|
||||||
|
|
||||||
|
|
|
|
|
Construction Work |
||
Line |
Description of Project |
|
in Progress - Electric |
||||
No. |
|
(Account 107) |
|||||
|
|
(a) |
|
|
(b) |
||
1 |
|
|
|||||
2 |
Distribution Control System to Digital |
|
6,679,916 |
||||
3 |
Replace #SGK04 and 05 Air Conditioner Units |
|
3,076,459 |
||||
4 |
Main Steam Isolation Valve Actuator Replacement |
|
2,350,811 |
||||
5 |
GE Magne Blast Circuit Breaker Replacement |
|
1,786,594 |
||||
6 |
High Ammonia Secondary Chemistry |
|
1,004,568 |
||||
7 |
Rotating Assembly on Pump #PBG05B |
|
783,030 |
||||
8 |
Plant Fiber Optic Infrastructure |
|
700,024 |
||||
9 |
Corrective Action Software |
|
592,159 |
||||
10 |
Main Steam and Feed water Isolation Valve Actuator Replacement |
321,200 |
|||||
11 |
Turbine Generator Study |
|
252,441 |
||||
12 |
Diesel Generator Governor Replacement |
|
233,200 |
||||
13 |
Business Planning Software |
|
174,553 |
||||
14 |
Reactor Head Reconfiguration |
|
157,591 |
||||
15 |
Loose Parts Monitor System |
|
147,401 |
||||
16 |
Miscellaneous Minor Projects (58) and Unapplied Engineering |
1,402,409 |
|||||
17 |
|
|
|
||||
18 |
|
|
|
||||
19 |
|
|
|
||||
20 |
|
|
|
||||
21 |
|
|
|
||||
22 |
|
|
|
||||
23 |
|
|
|
||||
24 |
|
|
|
||||
25 |
|
|
|
||||
26 |
|
|
|
||||
27 |
|
|
|||||
28 |
|
|
|
||||
29 |
|
|
|
||||
30 |
|
|
|
||||
31 |
|
|
|
||||
32 |
|
|
|
||||
33 |
|
|
|
||||
34 |
|
|
|
||||
35 |
|
|
|||||
36 |
|
|
|||||
37 |
|
|
|
||||
38 |
|
|
|||||
39 |
|
|
|||||
40 |
|
|
|||||
41 |
|
|
|||||
42 |
|
|
|||||
43 |
|
|
|||||
44 |
|
|
|||||
45 |
|
|
|||||
46 |
|
|
|
|
|
||
|
TOTAL |
|
|
19,662,356 |
|||
FERC FORM NO. 1 (ED. 12-87) Page 216 |
Wolf Creek Nuclear Operating Corporation |
An Original |
Dec. 31, 2003 |
||||||
ACCUMULATED PROVISION FOR DEPRECIATION OF ELECTRIC UTILITY PLANT (Account 108) |
||||||||
|
|
|||||||
1. Explain in a footnote any important adjustments during |
respondent has a significant amount of plant retired at |
|||||||
the year. |
year end which has not been recorded and/or classified |
|||||||
2. Explain in a footnote any difference between the amount |
to the various reserve functional classifications, make |
|||||||
for book cost of plant retired, line 11, column (c), and that |
preliminary closing entries to tentatively functionalize |
|||||||
reported for electric plant in service, pages 204-207, column |
the book cost of the plant retired. In addition, include |
|||||||
(d), excluding retirements of non-depreciable property. |
all costs included in retirement work in progress at year |
|||||||
3. The provisions of Account 108 in the Uniform System of |
end in the appropriate functional classifications. |
|||||||
Accounts require that retirements of depreciable plant be |
4. Show separately interest credits under a sinking |
|||||||
recorded when such plant is removed from service. If the |
fund or similar method of depreciation accounting. |
|||||||
|
|
|
|
|
|
|
||
|
||||||||
Line |
Item |
Total |
|
Electric Plant |
Electric Plant |
Electric Plant |
||
No. |
|
(c+d+e) |
|
in Service |
Held for Future Use |
Leased to Others |
||
|
(a) |
(b) |
|
(c) |
(d) |
(e) |
||
|
|
|
|
|
|
|||
1 |
Balance Beginning of Year |
$1,233,200,054 |
|
$1,233,200,054 |
|
|
||
2 |
Depreciation Provisions for Year, |
|
|
|
|
|
||
|
Charged to |
|
|
|
|
|
||
3 |
(403) Depreciation Expense |
62,325,584 |
|
62,325,584 |
|
|
||
4 |
(413) Exp. of Elec. Plt. Leas. to Others |
|
|
|
|
|
||
5 |
Transportation Expenses-Clearing |
|
|
|
|
|
||
6 |
Other Clearing Accounts |
|
|
|
|
|
||
7 |
Other Accounts (Specify): |
|
|
|
|
|
||
8 |
(182) Regulatory Asset KCC Diff |
8,461,237 |
|
8,461,237 |
|
|
||
9 |
TOTAL Deprec. Prov. for Year |
|
|
|
|
|||
|
Enter Total of lines 3 thru 8) |
70,786,821 |
|
70,786,821 |
|
|
||
10 |
Net Charges for Plant Retired: |
|
|
|
|
|
||
11 |
Book Cost of Plant Retired |
12,318,272 |
|
12,318,272 |
|
|
||
12 |
Cost of Removal |
380,421 |
|
380,421 |
|
|
||
13 |
Salvage (Credit) |
23,523 |
|
23,523 |
|
|
||
14 |
TOTAL Net Chrgs. for Plant Ret. |
12,675,170 |
|
12,675,170 |
|
|
||
|
(Enter Total of lines 11 thru 13) |
|
|
|
|
|
||
15 |
Other Debit or Credit Items (Describe): |
|
|
|
|
|
||
16 |
|
|
|
|
|
|
||
17 |
Balance End of Year (Enter Total of |
|
|
|
|
|||
|
lines 1, 9, 14, 15, and 16) |
$1,291,311,705 |
|
$1,291,311,705 |
|
|
||
Section B. Balances at End of Year According to Functional Classifications |
||||||||
18 |
Steam Production |
|
||||||
19 |
Nuclear Production |
Accumulated depreciation is not recorded on a functional basis. |
||||||
20 |
Hydraulic Production - Conventional |
However, over 99% is under nuclear production. |
||||||
21 |
Hydraulic Production - Pumped Storage |
|
||||||
22 |
Other Production |
|
||||||
23 |
Transmission |
|
||||||
24 |
Distribution |
|
||||||
25 |
General |
|
|
|
|
|
||
26 |
TOTAL (Enter Total of lines 18 thru 25) |
$1,291,311,705 |
|
$1,291,311,705 |
|
|
||
FERC FORM NO. 1 (ED. 12-88) Page 219 |
Wolf Creek Nuclear Operating Corporation |
An Original |
Dec. 31, 2003 |
||||||||
MATERIALS AND SUPPLIES |
||||||||||
|
1. For Account 154, report the amount of plant materials |
ments during the year (in a footnote) showing general |
||||||||
and operating supplies under the primary functional class- |
classes of material and supplies and the various accounts |
|||||||||
ifications as indicated in column (a); estimates of amounts |
(operating expenses, clearing accounts, plant, etc.) |
|||||||||
by function are acceptable. In column (d), designate the |
affected - debited or credited. Show separately debits |
|||||||||
department or departments which use the class of material. |
or credits to stores expense-clearing, if applicable. |
|||||||||
|
2. Give an explanation of important inventory adjust- |
|
||||||||
|
|
|
|
|
|
|
||||
|
|
|
|
|
|
|
|
Department or |
||
|
|
Balance |
|
Departments |
||||||
Line |
Account |
|
Beginning of |
Balance |
Which |
|||||
No. |
|
Year |
End of Year |
Use Material |
||||||
|
|
|
|
|
||||||
|
|
|
(a) |
|
|
(b) |
(c) |
(d) |
||
1 |
Fuel Stock (Account 151) |
|
|
$345,243 |
$295,946 |
Electric |
||||
2 |
Fuel Stock Expenses Undistributed (Account 152) |
|
|
Only |
||||||
3 |
Residuals and Extracted Products (Account 153) |
|
|
|
||||||
4 |
Plant Materials and Operating Supplies (Account 154) |
|
|
|
||||||
5 |
|
Assigned to - Construction (Estimated) |
|
|
|
|
|
|||
6 |
|
Assigned to - Operations and Maintenance |
|
|
|
|
||||
7 |
|
|
Production Plant (Estimated) |
|
|
|
|
|
||
8 |
|
|
Transmission Plant (Estimated) |
|
|
|
|
|
||
9 |
|
|
Distribution Plant (Estimated) |
|
|
|
|
|
||
10 |
|
Assigned to - Other |
|
|
|
|
|
|||
11 |
|
|
TOTAL Account 154 (Total of lines 5 thru 10) |
|
36,403,453 |
37,363,018 |
|
|||
12 |
Merchandise (Account 155) |
|
|
|
|
|
||||
13 |
Other Materials and Supplies (Account 156) |
|
|
|
|
|||||
14 |
Nuclear Materials Held for Sale (Account 157) |
|
|
|
|
|||||
|
(Not applicable to Gas Utilities) |
|
|
|
|
|
||||
15 |
Stores Expense Undistributed (Account 163) |
|
571,490 |
586,213 |
|
|||||
16 |
|
|
|
|
|
|
|
|
||
17 |
|
|
|
|
|
|
|
|
||
18 |
|
|
|
|
|
|
|
|
||
19 |
|
|
|
|
|
|
|
|
||
20 |
|
|
TOTAL Materials and Supplies (per Balance Sheet) |
$37,320,186 |
$38,245,177 |
|
||||
|
|
|||||||||
FERC FORM NO. 1 (ED. 12-96) Page 227
|
Exhibit F-11
Great Plains Energy Incorporated |
||
Form U5S |
||
Exhibit F-11 |
||
The chart of accounts of KLT Inc. and its subsidiaries |
||
as of December 31, 2003. |
||
Account |
Description |
Status |
100390 |
Leasehold Improvements |
A |
101303 |
Misc Intangible Plant |
A |
101304 |
License agreement |
A |
101305 |
Project rights |
A |
101306 |
Patents |
A |
101331 |
Lease Equipment |
A |
101332 |
Undeveloped leaseholds |
A |
101333 |
Developed leaseholds |
A |
101334 |
Intangible drilling costs |
A |
101335 |
Nucl Prod-Disallwd-Fasb 90 |
A |
101390 |
Gen Plt-Struc&Imp-El In S |
A |
101391 |
Gen Plt-Office Eq-El In S |
A |
101392 |
Gen Plt-Transp Eq-El In S |
A |
101394 |
Gen Plt-Tools Etc-El In S |
A |
101396 |
Gen Plt-Pwr Op Eq-El In S |
A |
101398 |
Gen Plt-Misc Eq -El In S |
A |
108330 |
Accum DD&A on oil/gas property |
A |
108390 |
Depr-El Gen Plt-Struc |
A |
108391 |
Depr-El Gen Plt-Off Furn |
A |
108398 |
Depr-El Gen Plt-Misc Eqpt |
A |
111303 |
Amtz -Misc Intangible Plant |
A |
111306 |
Accumulated amort - Patents |
A |
111390 |
Amtz-Elec Plt in Svc-Genral |
A |
123300 |
Investment in KLT Investments |
A |
123302 |
Investment in Investments II |
A |
123305 |
Earnings of Energetechs |
A |
123306 |
Investment in KLT Energy Svcs |
A |
123308 |
Investment in KLT Gas |
A |
123310 |
Investment in KLT Telecom |
A |
123312 |
Earnings of KLT Telecom |
A |
123316 |
Investment in Far Gas |
A |
123318 |
Investment in Apache Canyoh |
A |
123320 |
Investment-Municipal Solutions |
A |
123322 |
Investment-Telemetry Solutions |
A |
123324 |
Investment in KVA Power |
A |
123328 |
Investment in MPVC |
A |
123330 |
Investment in KLT IATAN |
A |
123332 |
Investment in IATAN II |
A |
123334 |
Invst in Pwr Intl II |
A |
123336 |
Invst in CMI |
A |
123338 |
Invst in Pwr Bermuda |
A |
123342 |
Invst in KLT Pwr Asia |
A |
123344 |
Invst in Copier Sol |
A |
123346 |
Solutions Valuation Allowance |
A |
123348 |
Invest in Signal Sit |
A |
123350 |
Investment in MS |
A |
123352 |
Investment in TS |
A |
123354 |
Invest in Simmons |
A |
123356 |
Investment Adv Measuremt Sol |
A |
123358 |
Investment in AMS |
A |
123360 |
Invst in Pwr Maur |
A |
123362 |
Invest in KEI Engy |
A |
123364 |
Invest in DTI |
A |
123366 |
Investment in SEL |
A |
123500 |
Goodwill |
A |
124500 |
Warren D Nadel preferred stock |
A |
124512 |
Misc equity method investments |
A |
124514 |
Investment in Custom Energy |
A |
124516 |
Invst in Custom Engy |
A |
124520 |
Prefed Invest in Custom Energy |
A |
124524 |
BAR Gas LLC |
A |
124526 |
Lyco Energy Corp Common |
A |
124529 |
Lyco Energy preferred stock |
A |
124530 |
Lyco Lease Acquisition LLP |
A |
124532 |
Iatan Power Partners LP |
A |
124535 |
Npc |
A |
124536 |
Investment in Galt |
A |
124538 |
Investment in Patrick Energy |
A |
124541 |
Equity in earnings of MPS |
A |
124542 |
Intelligent Devices, Inc. |
A |
124545 |
IDI goodwill accumulated amort |
A |
124546 |
Prefed Invest in Custom Energy |
A |
124548 |
Investment in Nationwide Elect |
A |
124550 |
National Equity Fund 1992 |
A |
124552 |
Boston Capital |
A |
124554 |
Nationwide Housing Group |
A |
124556 |
Related Capital Fund I |
A |
124557 |
Equity in Earnings-Galt |
A |
124558 |
Gateway |
A |
124559 |
Napico |
A |
124560 |
Boston Financial |
A |
124561 |
East Coast Capital I |
A |
124563 |
Earnings of East Coast Capital |
A |
124564 |
McDonald |
A |
124565 |
Richman |
A |
124566 |
Arcand |
A |
124568 |
Housing MO Equity Fund |
A |
124570 |
Nht Iii |
A |
124572 |
Banc One |
A |
124574 |
MO Affordable Housing Fund V |
A |
124575 |
MO Affordable Housing Fund VI |
A |
124576 |
Wnc |
A |
124578 |
Mahf Vii |
A |
124579 |
Boston Financial MO tax credit |
A |
124580 |
Aurora Family Apartments |
A |
124582 |
Mahf Ix |
A |
124591 |
Writedown of NEF Fund |
A |
124592 |
Writedown of Nationwide Hsing |
A |
124596 |
Writedown of Gateway |
A |
124600 |
Amortization of NEF |
A |
124601 |
Amortization of MAHF 5 |
A |
124602 |
Amortization of MAHF 6 |
A |
124603 |
Amortization of MAHF 7 |
A |
124606 |
Amortization of MAHF VI |
A |
124607 |
Amortization of AFA |
A |
124608 |
Amortization of BF MO tax cred |
A |
124609 |
Amortization of MAHF IX |
A |
124625 |
Global 30-6 LLP |
A |
124626 |
Global 31-6 LLP |
A |
124627 |
Ward Lake LLP |
A |
124628 |
Frontier LLP |
A |
124659 |
Hallwood LLP |
A |
124660 |
Miller LLP |
A |
124665 |
Acc amortization - Global 30-6 |
A |
124666 |
Acc amortization - Global 31-6 |
A |
124667 |
Acc amortization - Frontier |
A |
124668 |
Acc amortization - Ward Lake |
A |
124669 |
Acc amortization - Hallwood |
A |
124670 |
Acc amortization - Miller |
A |
124680 |
Envirotech VCF |
A |
124681 |
CellNet stock |
A |
124682 |
Government securities |
A |
124684 |
Digital Teleport Inc preferred |
A |
124685 |
eChannel preferred stock/warr |
A |
124686 |
Yichang 1 |
A |
124687 |
Costanera common stock |
A |
124688 |
CBA common stock |
A |
124689 |
NW Pfd-Mand Redeem Stk |
A |
124691 |
Misc S/T investments |
A |
124694 |
Misc short-term investments |
A |
131002 |
Cash - Reclassified To A/P |
A |
131300 |
Cash-Main Accounts |
A |
136001 |
Temp Cash Inv-Cash Equivnt |
A |
141001 |
Miscellaneous N/R |
A |
141003 |
Notes receivable - current |
A |
143028 |
A/R Dfd Mdse-PR Deduct |
A |
143030 |
A/R Employee Advances |
A |
143100 |
A/R Miscellaneous |
A |
143484 |
Accounts Receivable-Oil & Gas |
A |
143490 |
A/R - Arthur Petrie |
A |
143492 |
Interest receivable |
A |
143493 |
Dividends receivable |
A |
143494 |
Receivables to be invoiced |
A |
143495 |
A/R Cls Llc |
A |
143496 |
A/R Cls-Kc |
A |
143497 |
A/R - Nationwide Electric |
A |
143498 |
N/R-Cls |
A |
144000 |
Allow for Doubtful A/C-Art Pet |
A |
144004 |
Allowance - doubtful accounts |
A |
144005 |
KVA Valuation Allowance |
A |
144006 |
KVA LT Valuation Allowance |
A |
145350 |
N/R - Municipal Parking Sol |
A |
145352 |
N/R - Strategic Energy |
A |
145353 |
N/R - Municipal Solutions |
A |
145354 |
N/R - Telemetry Solutions |
A |
145355 |
N/R - Kva |
A |
145358 |
N/R Simmons |
A |
145359 |
N/R Ams |
A |
145360 |
Affiliated Note Rec from KCREC |
A |
145363 |
N/R - Digital Teleport, Inc. |
A |
145365 |
N/R - Custom Energy |
A |
145368 |
N/R - Kva |
A |
145370 |
N/R - Npc |
A |
146000 |
A/R from KCPL |
A |
146101 |
Net IU Receivable-KCPL's GENCO |
A |
146104 |
Net IU Receivable-KCPL's DISCO |
A |
146106 |
Due To/From SUPPT |
A |
146201 |
A/R KLT Inc. |
A |
146229 |
A/R Municipal Parking |
A |
146230 |
A/R Pwr Intn'l II |
A |
146231 |
A/R Energetics |
A |
146246 |
A/R - Custom Energy |
A |
146249 |
Distribution Rec from SEL |
A |
146352 |
Affiliated A/C Rec-SEL |
A |
154700 |
Equipment inventory |
A |
165008 |
Prepayments-Other |
A |
165360 |
Prepaid Drilling/Completion |
A |
165361 |
Prepaid oil and gas lease oper |
A |
174900 |
Other current assets |
A |
174901 |
Other current assets |
A |
174902 |
Accumulated sale |
A |
186350 |
RWIP - Non-Utility |
A |
186352 |
Deferred loan origination fees |
A |
186354 |
Gas Hedge Deferred Payment |
A |
186355 |
Deferred Development Costs |
A |
191000 |
KLTES' Goodwill - SEL |
A |
201100 |
Common Stock Issued |
A |
202998 |
Affiliated Payable to GPES |
A |
211900 |
Paid in capital-excess of par |
A |
216100 |
Unappr Ret Earnings |
A |
216438 |
Unappr Ret E-Com Div Decl |
A |
219100 |
Unrealized gain/losses-Mkt sec |
A |
224800 |
N/R - Arthur Petrie |
A |
224801 |
LTD liability |
A |
224810 |
Deferred Credits |
A |
224825 |
Delayed equity contr-NEF 1995 |
A |
224851 |
Note-Housing MO 8/95 |
A |
224852 |
Note-Arcand 10/1/97 |
A |
224885 |
Note Payable-MAHF IX |
A |
224900 |
Great Plains Energy Line of Cr |
A |
231000 |
Interest Payable-LOC-GPE(HLDCO |
A |
231300 |
Notes P-Unsecured Comm'l |
A |
231301 |
Short Term Notes Payable |
A |
232001 |
Invoices Payable |
A |
232003 |
AP-Accrued Payroll |
A |
232019 |
AP P/R Ded-Empl Svgs Plus |
A |
232030 |
AP K C Power PAC |
A |
232077 |
AP-Flex Ben-Life Insurance |
A |
232086 |
AP-ESP-General & Home Loans |
A |
232098 |
Employer ESP |
A |
232099 |
Employee Dependent Care Deduct |
A |
232109 |
Travel card liability |
A |
232400 |
Estimated Accruals |
A |
233401 |
Deferred Revenue |
A |
234001 |
Interest Payable-Affiliate |
A |
234201 |
A/P to KLT Inc. |
A |
234210 |
A/P to KLT Iatan |
A |
234217 |
A/P to KLT Investments II |
A |
234232 |
A/P - Telemetry Solutions |
A |
234234 |
A/P - KCPL |
A |
234237 |
A/P - Apache Canyon |
A |
234258 |
Notes payable-affiliate |
A |
234259 |
Payroll reserve |
A |
234271 |
Current NEF 1993 |
A |
234303 |
Affiliated A/P to GPE (HLDCO) |
A |
234320 |
Affiliated Payable to GPES |
A |
236100 |
Accr T-Property-City,Co&S |
A |
236300 |
Accr T-State Capital Stoc |
A |
236304 |
Accr T-Fed Unemployment |
A |
236307 |
Accr T-KC Earnings Tax |
A |
236308 |
Accrued Taxes-WCNOC |
A |
236400 |
Accr T-Fed Income |
A |
236500 |
Accr T-State Income |
A |
237708 |
Acc Int All Swaps |
A |
237904 |
Accr Int-GPE Bank One |
A |
237950 |
Interest Payable - Gaylon Simmon |
A |
237952 |
Interest pay-Howard Dockery |
A |
237953 |
Interest pay-M Canterbury |
A |
237955 |
Interest Payable - K Dockery |
A |
237960 |
AFH Accrued Interest |
A |
241001 |
Taxes Pay-Witholding Fed |
A |
241005 |
Taxes Pay-Mo W/H Tax |
A |
241009 |
Taxes Pay-Ks W/H Tax |
A |
242000 |
Other current liabilities |
A |
242013 |
Cust&Empl Dollar Aid Contri |
A |
242016 |
Def Comp -KCPL Only-Current |
A |
242220 |
Reserve For Nuclear Outage |
A |
242230 |
Royalty Interest Payable |
A |
242900 |
Vacation Liability-Pd Vac Curr |
A |
242917 |
State |
A |
253100 |
Other Def Cr-Misc Credits |
A |
283300 |
Def Income Tax-Misc |
A |
454001 |
Other Rev-Rent - Electric Prop |
A |
539000 |
Lease Operating Expense |
A |
539003 |
LOE-Well servicing |
A |
539006 |
LOE-Electricity |
A |
539008 |
LOE-Materials and supplies |
A |
539011 |
LOE-Compression/dehydration |
A |
539014 |
Handling, Comp & Sev |
A |
539020 |
LOE-Gas Gathering |
A |
539022 |
Accounts receivable write-offs |
A |
539023 |
Far Gas commission expense |
A |
539024 |
LOE-Transportation |
A |
539026 |
LOE-Roustabout/contractor svcs |
A |
600103 |
GPES Service Provided |
A |
703001 |
Depr Elec Prod-Steam |
A |
703004 |
Depreciation Elec General |
A |
703010 |
Depreciation-office furniture |
A |
704000 |
Amort-LTD Term Elec Plant |
A |
705001 |
Amort-Elec Intangible Plant |
A |
708101 |
State Cap Stk Tax Elec |
A |
708103 |
Misc Occup Taxes Elec |
A |
708120 |
Property Taxes - Elec |
A |
708140 |
State Unemployment Taxes-Elec |
A |
708150 |
Const Payroll Tax-Contra |
A |
708160 |
Unemployment taxes-KS |
A |
709101 |
Fed Inc Tax Elec Current |
A |
709103 |
Sta Inc Elec Current |
A |
710110 |
Prov Fed Def Inc Tx-Elec |
A |
710111 |
Prov St Def Inc Tx-Elec |
A |
808051 |
Section 42 AH Fed tax credits |
A |
808202 |
Prop Taxes Nonutility |
A |
808204 |
Property tax expense |
A |
808205 |
State tax credits |
A |
809210 |
Other taxes |
A |
817100 |
Nonutility operations |
A |
817200 |
Hedging gain/loss |
A |
817202 |
Royalty income - Gas sales |
A |
817204 |
Working interest revenue-Oil |
A |
817205 |
Working interest revenue-Gas |
A |
817206 |
Working interest revenue-NGL |
A |
817211 |
Eq earnings-KCDT, PWRIN, PSS |
A |
817213 |
Equity in earnings of CLS |
A |
817215 |
KCREC-Misc. Other Expenses |
A |
817217 |
Equity in earnings Lorencito |
A |
817218 |
Equity in earnings of Bar Gas |
A |
817219 |
Equity in earnings of Lyco |
A |
817221 |
Equity in earnings of NPC |
A |
817223 |
Equity in earnings Patrick |
A |
817224 |
Equity in earnings of MPS |
A |
817225 |
Equity in earnings of IDI |
A |
817226 |
Equity in earnings of DT Hotel |
A |
817227 |
Eqty in Erngs-Nationwide Elect |
A |
817228 |
Equity in Earn-Housing MO |
A |
817229 |
Equity in Earn-Arcand IV |
A |
817230 |
Equity in Earnings-Stroud Oil |
A |
817231 |
Equity in earnings of NHT III |
A |
817232 |
Equity in earnings of WNC |
A |
817233 |
Equity in earnings of ECC II |
A |
817234 |
Equity in earnings of Banc One |
A |
818204 |
Equity in earnings-KLT Gas |
A |
818205 |
Equity in earnings-Telecom |
A |
818206 |
Equity in earnings-Far Gas |
A |
818207 |
Equity in earnings-Apache |
A |
818208 |
Equity in earnings-M Solutions |
A |
818209 |
Equity in earnings-Telemetry |
A |
818210 |
Equity in earnings-KVA |
A |
818211 |
Equity in earnings-Power |
A |
818212 |
Equity in earnings-Iatan |
A |
818213 |
Equity in earnings-Iatan 2 |
A |
818214 |
Equity in earnings-NWPM |
A |
818215 |
Equity in earnings-PI 2 |
A |
818216 |
Equity in earnings-Cust Energy |
A |
818217 |
Equity in earnings-CMI |
A |
818218 |
Equity in earnings-Bermuda |
A |
818220 |
Equity in earnings-Power Asia |
A |
818221 |
Eqty in earn-Copier Solutions |
A |
818223 |
Equity in earnings-Simmons |
A |
818224 |
Equity in earnings-Adv Meas |
A |
818225 |
Equity in earnings-Mauritius |
A |
818227 |
Equity in earnings-DTI |
A |
818228 |
Equity in Earnings-SEL |
A |
818229 |
Equity in earnings-Investments |
A |
818230 |
Equity in earnings-Investmnts2 |
A |
818231 |
Equity in earnings-Energetechs |
A |
818232 |
Equity in earnings-Energy Svc |
A |
819005 |
State Tax Exempt Interest |
A |
819006 |
Interest Income-Tax Refunds |
A |
819053 |
KLT Credit Support Income-SEL |
A |
819054 |
Interco interest allocation |
A |
819055 |
Non-taxable interest income |
A |
819101 |
AFDC-Equity Funds-CWIP |
A |
821050 |
Realized gains |
A |
821054 |
Consulting fees |
A |
821056 |
Revenue - Tower Lease |
A |
821057 |
Nonoperating realized gains |
A |
821059 |
Other Miscellaneous Income |
A |
821060 |
Nonoperating unrealized loss |
A |
825001 |
Minority Interest |
A |
826101 |
Community Service |
A |
826103 |
Charitbl Cntributions |
A |
826301 |
Penalties |
A |
826401 |
Civ&Pol-Grass Roots Lobby |
A |
827016 |
M-T Nt 7.95 Series C 062507 |
A |
827501 |
Non-Spec Int Derivatives-Swaps |
A |
827900 |
Transf Interest & Amortization |
A |
827990 |
Interest Exp L/T |
A |
827992 |
Letter of Credit fees |
A |
827993 |
Affordable housing notes |
A |
828013 |
Amort Exp-Med Term-Series C |
A |
828440 |
Amort of Debt Exp-Senior Notes |
A |
828991 |
Amortization-Amendment Fee |
A |
828992 |
Amortization-Bond Premium |
A |
830000 |
Interest Expense on LOC-GPE |
A |
830002 |
Other notes |
A |
830052 |
Affiliated Int Exp - GPE |
A |
831015 |
Commitment Exp - S T Loans |
A |
831021 |
Int Exp-Fed & St IncTax Assmnt |
A |
831022 |
Interest Expense-TOPrS |
A |
831903 |
Interest Expense - s/t |
A |
831905 |
Amortization-loan origin fees |
A |
832001 |
AFDC-Borrowed Funds-CWIP |
A |
913000 |
Sales Exp-Oper-Advertising |
A |
920000 |
A&G Labor Expense |
A |
920022 |
A&G-Admin Work Comp Claims |
A |
920042 |
A&G-Default Procur Card Exp-Ge |
A |
920100 |
Admin & General Supervision |
A |
920200 |
Admin & General Bldg Operation |
A |
920300 |
Admin & General Other Expense |
A |
920400 |
Admin & General Trng & Sem |
A |
920900 |
Vacation and paid absences |
A |
920901 |
KCPL Costs Billed |
A |
920902 |
KLT Inc. employee labor |
A |
920903 |
KLT Power employee labor |
A |
920904 |
KLT Gas employee labor |
A |
920905 |
Energy Svcs employee labor |
A |
920906 |
Non-Labor Transfered to 921001 |
A |
920908 |
TS employee labor |
A |
921000 |
A&G Exp-Oper-Office Exp |
A |
921300 |
Admin & Gen Non-Labor Other Ex |
A |
921903 |
Computer Equipment |
A |
921904 |
Postage |
A |
921906 |
Reproduction expenses |
A |
921907 |
Subscriptions/materials |
A |
921908 |
Miscellaneous office expense |
A |
921911 |
Relocation - travel & living |
A |
921913 |
Recruiting Expense |
A |
921917 |
Travel - living |
A |
921919 |
Trade/technical memberships |
A |
921920 |
Cost of Sales |
A |
922000 |
A&G Expenses Transferred |
A |
922050 |
KCPL Bill of Common Use Plant |
A |
923000 |
Outside Services Employed |
A |
923100 |
GPES A&G Trnsf-Depr, Int, Tax |
A |
923901 |
Outside Services Expense |
A |
923909 |
NPE services for KVA/NPMC |
A |
923910 |
Contract labor |
A |
923911 |
Temporary services |
A |
923912 |
GPES Services Provided |
A |
923913 |
Outside consulting |
A |
924000 |
Property Insurance |
A |
925000 |
Injuries and Damages |
A |
925010 |
A&G-Injury & Dam-Workers' Comp |
A |
925020 |
A&G-Injury & Dam-Gen Liab Ins |
A |
925040 |
A&G-Injury & Dam-Med Exp |
A |
925050 |
Injuries & Damages xfer Constr |
A |
926001 |
Emp Ben-Admin Benefit Pack |
A |
926002 |
Empl Bene-Educational Assist |
A |
926020 |
Emp Ben-Term Severence Pay |
A |
926030 |
Emp Ben-Co Contrib-ESP-401(K) |
A |
926050 |
Emp Ben-Capital Accum Plan |
A |
926300 |
Medical Coverage |
A |
926301 |
Benefits allocated-contra |
A |
926402 |
Post-Retirement Ben -H&W |
A |
926509 |
Pensions to Construction |
A |
928000 |
Regulatory Commission Expense |
A |
928012 |
Reg Comm Exp-Ks Proceeding Exp |
A |
930100 |
General Advertising Expense |
A |
930200 |
Miscellaneous General Expense |
A |
930201 |
Misc A&G-Board of Dir Fees |
A |
930220 |
Misc A&G-Environmental Expense |
A |
930230 |
Misc A&G-Company Assoc Dues |
A |
930242 |
Misc A&G-Bond Expense |
A |
930250 |
Miscellaneous A&G |
A |
930261 |
Misc A&G-Support Industry Prog |
A |
931001 |
A&G Rent Exp |
A |
931003 |
A&G Rent Exp-and Mtce Dup Eq |
A |
931004 |
A&G Rent Exp-Office Equipment |
A |
933000 |
Transportation Expense |
A |
933100 |
Transportation & O Series Allo |
A |
935000 |
A&G Mtce of General Plant |
A |
935200 |
A&G Mtce of Communication Equi |
A |
990000 |
Minority Interests |
A |
999990 |
InterUnit Overhead Expense |
A |
999999 |
KCPL Payables Suspense |
A |