UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 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): February 11, 2005
Commission Registrant, State of Incorporation, I.R.S. Employer
File Number Address and Telephone Number Identification No.
- ----------- -------------------------------------- ----------------------
1-8809 SCANA Corporation 57-0784499
(a South Carolina corporation)
1426 Main Street, Columbia, South Carolina 29201
(803) 217-9000
1-3375 South Carolina Electric & Gas Company 57-0248695
(a South Carolina corporation)
1426 Main Street, Columbia, South Carolina 29201
(803) 217-9000
1-11429 Public Service Company of North Carolina, Incorporated 56-2128483
(a South Carolina corporation)
1426 Main Street, Columbia, South Carolina 29201
(803) 217-9000
Not applicable
- -------------------------------------------------------------------------------
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
/ / Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
/ / Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
/ / Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
/ / Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
This combined Form 8-K is separately furnished by SCANA Corporation, South
Carolina Electric & Gas Company and Public Service Company of North Carolina,
Incorporated. Information contained herein relating to any individual company is
furnished by such company on its own behalf. Each company makes no
representation as to information relating to other companies.
Item 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION
On February 11, 2005, SCANA Corporation (the Company) issued the
press release attached hereto as Exhibit 99.1. This press release corrects an
inadvertent typographical error in the press release issued earlier today and
previously filed on Form 8-K. In the second paragraph under the heading
"Corporate and Other", the first line now begins "For the fourth quarter of
2004" instead of "For the fourth quarter of 2003". The press release discloses a
non-GAAP measure, GAAP-adjusted net earnings from operations, which excludes
from net income the effects of sales of, and impairment charges related to,
certain investments and the effects of a charge related to pending litigation.
The Company's management believes that GAAP-adjusted net earnings from
operations provides a meaningful representation of the Company's fundamental
earnings power and can aid in performing period-over-period financial analysis
and comparison with peer group data. In management's opinion, GAAP-adjusted net
earnings from operations is a useful indicator of the financial results of the
Company's primary businesses. This measure is also a basis for management's
provision of earnings guidance and growth projections, and it is used by
management in making resource allocation and other budgetary and operational
decisions. This non-GAAP performance measure is not intended to replace the GAAP
measure of net earnings, but is offered as a supplement to it.
Item 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
Exhibit 99.1 Press release dated February 11, 2005
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
each of the registrants has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized. The signature of each registrant
shall be deemed to relate only to matters having reference to such registrant
and any subsidiaries thereof.
SCANA Corporation
South Carolina Electric & Gas Company
Public Service Company of North Carolina, Incorporated
(Registrants)
February 11, 2005 By: s/James E. Swan, IV
-----------------------------------
James E. Swan, IV
Controller
EXHIBIT INDEX
Number
99.1 Press release dated February 11, 2005.