UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
FORM 8-K
| Date of Report | ||
| (Date of earliest | ||
| event reported): | July 26, 2004 |
Wisconsin Power and Light Company
| Wisconsin | 0-337 | 39-0714890 | ||
| (State or other | (Commission File | (IRS Employer | ||
| jurisdiction of | Number) | Identification No.) | ||
| incorporation) |
4902 N. Biltmore Lane, Madison, Wisconsin 53718
(608) 458-3311
| Item 5. Other Events and Required FD Disclosure | ||||||||
| Item 7. Financial Statements and Exhibits | ||||||||
| Item 12. Results of Operations and Financial Condition | ||||||||
| SIGNATURES | ||||||||
| Five Year Credit Agreement | ||||||||
Item 5. Other Events and Required FD Disclosure.
Wisconsin Power and Light Company (“we” or “our”) is reporting the following:
On July 26, 2004, we successfully completed the syndication of our new revolving credit facility with a total borrowing capacity of $250 million. The new facility is a five-year facility with the term of the facility subject to state regulatory approval because the term is longer than a 364-day facility. The new facility is available to support commercial paper and/or direct borrowings and replaces the former 364-day facility that was to expire in September 2004.
We are filing the new credit agreement as Exhibit 4.1 to this Current Report on Form 8-K, which is hereby incorporated by reference. See “Item 7. Financial Statements and Exhibits.”
Item 7. Financial Statements and Exhibits.
(a) Not applicable
(b) Not applicable
(c) Exhibits. The following exhibits are being filed herewith:
| (4.1) | Five Year Credit Agreement, dated July 26, 2004, among Wisconsin Power and Light Company, the Banks set forth therein and Wachovia Bank, National Association as Administrative Agent and Issuer of Letters of Credit. |
Item 12. Results of Operations and Financial Condition.
We are also reporting the following:
Our earnings available for common stock increased 83% to $51.8 million on operating revenues of $610.1 million for the six months ended June 30, 2004 compared to earnings available for common stock of $28.3 million on operating revenues of $601.7 million for the six months ended June 30, 2003. Our operating income increased 68% to $90.2 million, or 15% of operating revenues, for the six months ended June 30, 2004 compared to $53.7 million, or 9% of operating revenues, for the six months ended June 30, 2003.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| WISCONSIN POWER AND LIGHT COMPANY | ||||
| Date: July 28, 2004 | By: | /s/ John E. Kratchmer | ||
| John E. Kratchmer | ||||
| Vice President-Controller and Chief Accounting Officer | ||||
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WISCONSIN POWER AND LIGHT COMPANY
Exhibit Index to Current Report on Form 8-K
Dated July 26, 2004
| Exhibit | ||
| Number | ||
| (4.1) | Five Year Credit Agreement, dated July 26, 2004, among Wisconsin Power and Light Company, the Banks set forth therein and Wachovia Bank, National Association as Administrative Agent and Issuer of Letters of Credit. |
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