Securities and Exchange Commission Washington, D.C. 20549 FORM 10-Q/A Amendment No. 1 (Mark One) |X| Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 1994 or |_| Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File No. 1-3548 Minnesota Power & Light Company A Minnesota Corporation IRS Employer Identification No. 41-0418150 30 West Superior Street Duluth, Minnesota 55802 Telephone - (218) 722-2641 Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months and (2) has been subject to such filing requirements for the past 90 days. Yes X No ---- ---- Common Stock, no par value, 31,240,178 shares outstanding as of October 31, 1994 Item 6. Exhibits and Reports on Form 8-K (a) Exhibits 27 Financial Data Schedule Due to reclassifications made for the discontinuance of the paper and pulp business as of June 30, 1995 and changes in the way in which Minnesota Power & Light Company (Company) currently reports information regarding its businesses, the Company's financial data schedule for the period ended September 30, 1994 has been restated as follows: [RESTATED] [GROSS-OPERATING-REVENUE] 420,156 [INCOME-TAX-EXPENSE] 11,500 [OTHER-OPERATING-EXPENSES] 342,964 [TOTAL-OPERATING-EXPENSES] 376,398 [OPERATING-INCOME-LOSS] 48,054 [OTHER-INCOME-NET] 5,279 <F1> [INCOME-BEFORE-INTEREST-EXPEN] 70,971 [TOTAL-INTEREST-EXPENSE] 33,434 [TOTAL-INTEREST-ON-BONDS] 0 [EPS-DILUTED] 1.25 <F1> Includes Income from Equity Investments and Income from Discontinued Operations. -1- 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 thereunto duly authorized. Minnesota Power & Light Company --------------------------------- (Registrant) December 20, 1996 D. G. Gartzke --------------------------------- D. G. Gartzke Senior Vice President - Finance and Chief Financial Officer December 20, 1996 Mark A. Schober --------------------------------- Mark A. Schober Corporate Controller -2-