As filed with the Securities and Exchange Commission on January 26, 1994 SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 _____________________ FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 17, 1994 Exact name of Registrant as specified in its charter, Commission address of principal State of I.R.S. Employer File No. executive offices, telephone Incorporation Identification No. 1-8349 FLORIDA PROGRESS CORPORATION Florida 59-2147112 One Progress Plaza St. Petersburg, Florida 33701 Telephone (813) 824-6400 1-3274 FLORIDA POWER CORPORATION Florida 59-0247770 3201 34th Street South St. Petersburg, Florida 33711 Telephone (813) 866-5151 The address of neither registrant has changed since the last report. This combined Form 8-K represents separate filings by Florida Progress Corporation ("Florida Progress") and Florida Power Corporation ("Florida Power"). Information contained herein relating to any individual registrant is filed by each registrant on its own behalf. Neither registrant makes any representations as to the information relating to the other registrant. Item 5. Other Events In light of ongoing securities offerings by Florida Progress and its subsidiaries, including Florida Power and Progress Capital Holdings, Inc., the following information is being presented pending distribution of the Florida Progress and Florida Power Annual Reports on Form 10-K for the year ended December 31, 1993: 1. Workforce reductions. Florida Power issued a press release dated January 17, 1994 and Florida Progress issued a related Investor Information Report of even date therewith reporting that Florida Power is eliminating approximately 300 positions in a continuing effort to streamline its organization. Copies of the press release and report are being filed herewith as Exhibits 99(a) and 99(b), respectively. 2. Earnings release. Florida Progress issued a press release dated January 24, 1994 and a related Investor Information report of even date therewith reporting 1993 earnings. Copies of the press release and report are being filed herewith as Exhibits 99(c) and 99(d), respectively. Item 7. Financial Statements and Exhibits (c) Exhibits: Exhibit Number (by reference to Item 601 of Regulation S-K) Description of Exhibit 99(a) Florida Power Corporation News Release dated January 17, 1994 99(b) Florida Progress Corporation Investor Information Report dated January 17, 1994 99(c) Florida Progress Corporation News Release dated January 24, 1994 99(d) Florida Progress Corporation Investor Information Report dated January 24, 1994 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, each registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. FLORIDA PROGRESS CORPORATION FLORIDA POWER CORPORATION /s/ Jeffrey R. Heinicka By:__________________________ Jeffrey R. Heinicka Vice President and Treasurer of each Registrant Date: January 24, 1994 EXHIBIT INDEX Exhibit No. Description of Exhibit 99(a) Florida Power Corporation News Release dated January 17, 1994 99(b) Florida Progress Corporation Investor Information Report dated January 17, 1994 99(c) Florida Progress Corporation News Release dated January 24, 1994 99(d) Florida Progress Corporation Investor Information Report dated January 24, 1994