Section 2.3 - (Rule 2.3) Financial StatementWherever these rules provide that a financial statement shall be attached to the application, such statement, unless otherwise provided herein, shall be prepared as of the latest available date, and shall show the following information:
(a) Amount and kinds of stock authorized by articles of incorporation and amount outstanding.(b) Terms of preference of preferred stock, whether cumulative or participating, or on dividends or assets, or otherwise.(c) Brief description of each security agreement, mortgage and deed of trust upon applicant's property, showing date of execution, debtor and secured creditor, mortgagor and mortgagee and trustor and beneficiary, amount of indebtedness authorized to be secured thereby, and amount of indebtedness actually secured, together with any sinking fund provisions.(d) Amount of bonds authorized and issued, giving name of the public utility which issued same, describing each class separately, and giving date of issue, par value, rate of interest, date of maturity and how secured, together with amount of interest paid thereon during the last fiscal year.(e) Each note outstanding, giving date of issue, amount, date of maturity, rate of interest, in whose favor, together with amount of interest paid thereon during the last fiscal year.(f) Other indebtedness, giving same by classes and describing security, if any, with a brief statement of the devolution or assumption of any portion of such indebtedness upon or by any person or corporation if the original liability has been transferred, together with amount of interest paid thereon during the last fiscal year.(g) Rate and amount of dividends paid during the five previous fiscal years, and the amount of capital stock on which dividends were paid each year.(h) A balance sheet as of the latest available date, together with an income statement covering period from close of last year for which an annual report has been filed with the Commission to the date of the balance sheet attached to the application.Cal. Code Regs. Tit. 20, § 2.3
1. Renumbering and amendment of former section 5 to new section 2.3 filed 10-19-98; designated effective 1-1-98 by Decision 97-12-043. Submitted to OAL for printing only (Register 98, No. 43).
2. Amendment of section and NOTE filed 2-22-2005; operative 3-24-2005 (Register 2005, No. 8).
3. Renumbering of former section 2.3 to new section 1.9 and renumbering of former section 17 to section 2.3, including amendment of section heading and section and new NOTE filed 9-13-2006; operative 9-13-2006 pursuant to Government Code section 11351(a) (Register 2006, No. 37).
4. Amendment of subsection (c) filed 6-4-2009; operative 7-4-2009 (Register 2009, No. 23). Submitted to OAL for limited review pursuant to Government Code section 11351 and Public Utilities Code section 311(h). Note: Authority cited: Section 1701, Public Utilities Code. Reference: Section 1701, Public Utilities Code.
1. Renumbering and amendment of former section 5 to new section 2.3 filed 10-19-98; designated effective 1-1-98 by Decision 97-12-043. Submitted to OAL for printing only (Register 98, No. 43).
2. Amendment of section and Note filed 2-22-2005; operative 3-24-2005 (Register 2005, No. 8).
3. Renumbering of former section 2.3 to new section 1.9 and renumbering of former section 17 to section 2.3, including amendment of section heading and section and new Note filed 9-13-2006; operative 9-13-2006 pursuant to Government Code section 11351(a) (Register 2006, No. 37).
4. Amendment of subsection (c) filed 6-4-2009; operative 7-4-2009 (Register 2009, No. 23). Submitted to OAL for limited review pursuant to Government Code section 11351 and Public Utilities Code section 311(h).