Columbia Gulf Transmission Company submits FERC Repprt 2, Annual Report of Major Natural Gas Companies.

~0080728-0001 FERC PDF (Unofficial) 12/31/2001 i /Check ~ box: V~ O ~ Signed Form Form~ OMB No. 1 ~ 8 m r] Co.~-.ed~ (Expires ~1t20o5) i I / =,,, PROPERTYOF THE BLIC REFERENCEROOM DO NOT REMOVE / FERC Form No. 2 i ANNUAL REPORT OF MAJOR NATURAL GAS COMPANIES / I. l i This report k0mendat0ry under the N1um G ~ ACL 8ec~ns 10(e). Ind te lind 18 CFR 2a0.1, FI/kul to nq:)(xt r r i y ml4J in cdrtlln~ tlnes, clv~ i p,m~m, ~oth*r m~Uo~ -* pmvid*d W mr. Th* Fed~ EneqW i I I FJm:t I.~FII N m of ~ ' ( C O m l x m y ) Y N r of Report / i Columbia Gulf T ~ Company Dec. 31, 20ol FERC FORM No. 2 (1-~) i ~0080728-0001 FERC PDF (Unofficial) 12/31/2001 I I ANDERSEN e REPORT OF INDEPENDENT ACCOUNTANTS a To Columbia CmlfTransmission Company:. I We have audited the balance sheets of Columbia Gulf Transmission Company (a Delaware corporatio~ and an indirect wholly-owned subsidiary of NiSourr,e Inc.) as of December 31, 2001 and 2000, and the related statements of income, retained eaminss , and cash flows for the years then e.dvd, included on pages 110 flu'ough 122 of the accompanying Federal Energy R~gulatory Commission Form 2. These financial statements are the responsibility of the Corporat/oa's ~ . Our responsibility is to express an op'udon co ltms finaac'ml ! statements based ce our audits. We conducted our audits in accordance with auditing standards g~erally ac~pted in the United States. Tho~e standards require that we plan and perform the audit to obtain reasonable assurance about whether tim financial statemcv~ are fr~ of material misstatanent. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. A n audit also includes ~ s s i n g the accounting Im principles used and significant estimates made by manasetm~ as well as evaluatin8 the overall financial presentation. We believe that our audits provkk a reasonable basis for our opinion. i As discussed in Note 1, these financial statements were prepared in accordan~ with the accounting requirements of the Federal Energy Regula~ry Commission as set forth in its applicable Uniform System of Accounts and published accounting releases, which is a comprehensivebasis of accounting other than generally I accepted accoenting principles. In our opinion, the financial statcnumts referred to above present fairly, in all material ~ , the assets, l~bilities and ...