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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-Q
(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, 2004
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
FOR THE TRANSITION PERIOD FROM __________ TO ____________
COMMISSION FILE NUMBER 333-91093
CENTERPOINT ENERGY TRANSITION BOND COMPANY, LLC
(Exact name of registrant as specified in its charter)
DELAWARE 76-0624152
(State or other jurisdiction of (I.R.S. Employer Identification Number)
incorporation or organization)
1111 LOUISIANA, SUITE 4667 (713) 207-8272
HOUSTON, TEXAS 77002 (Registrant's telephone number, including
(Address and zip code of principal area code)
executive offices)
THE REGISTRANT MEETS THE CONDITIONS SET FORTH IN GENERAL INSTRUCTION H(1)(a) AND
(b) OF FORM 10-Q AND IS THEREFORE FILING THIS FORM 10-Q WITH THE REDUCED
DISCLOSURE FORMAT.
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 (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days. Yes [X] No [ ]
Indicate by check mark whether the registrant is an accelerated filer (as
defined in Rule 12b-2 of the Exchange Act). Yes [ ] No [X]
As of November 1, 2004, all outstanding membership interests in CenterPoint
Energy Transition Bond Company, LLC were held by CenterPoint Energy Houston
Electric, LLC.
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CENTERPOINT ENERGY TRANSITION BOND COMPANY, LLC
TABLE OF CONTENTS
PART I. FINANCIAL INFORMATION
Item 1. Financial Statements................................................................. 1
Statements of Income and Changes in Member's Equity
Three Months and Nine Months Ended September 30, 2003 and 2004 (unaudited)............. 1
Balance Sheets
December 31, 2003 and September 30, 2004 (unaudited)................................... 2
Statements of Cash Flows
Nine Months Ended September 30, 2003 and 2004 (unaudited).............................. 3
Notes to Unaudited Financial Statements.................................................. 4
Item 2. Management's Narrative Analysis of Results of Operations of CenterPoint Energy
Transition Bond Company, LLC............................................................. 7
Item 4. Controls and Procedures.............................................................. 8
PART II. OTHER INFORMATION
Item 6. Exhibits ............................................................................ 9
i
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION
From time to time, we make statements concerning our expectations,
beliefs, plans, objectives, goals, strategies, future events or performance and
underlying assumptions and other statements that are not historical facts. These
statements are "forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Actual results may differ materially
from those expressed or implied by these statements. In some cases, you can
identify our forward-looking statements by the words "anticipate," "believe,"
"continue," "could," "estimate," "expect," "forecast," "goal," "intend," "may,"
"objective," "plan," "potential," "predict," "projection," "should," "will," or
other similar words.
We have based our forward-looking statements on our management's beliefs
and assumptions based on information available to our management at the time the
statements are made. We caution you that assumptions, beliefs, expectations,
intentions and projections about future events may and often do vary materially
from actual results. Therefore, we cannot assure you that actual results will
not differ materially from those expressed or implied by our forward-looking
statements.
The following are some of the factors that could cause actual results to
differ from those expressed or implied by our forward-looking statements:
- state and federal legislative and regulatory actions or
developments, including deregulation, re-regulation and
restructuring of the electric utility industry, changes in or
application of laws or regulations applicable to other aspects of
our business;
- non-payment of transition charges due to financial distress of
CenterPoint Energy Houston Electric, LLC's (CenterPoint Houston's)
customers;
- the accuracy of the servicer's estimates of market demand and prices
for energy;
- the accuracy of the servicer's estimates of industrial, commercial
and residential growth in CenterPoint Houston's service territory;
- changes in market demand and demographic patterns;
- weather variations and other natural phenomena affecting retail
electric customer energy usage;
- the operating performance of CenterPoint Houston's facilities and
third-party suppliers of electric energy in CenterPoint Houston's
service territory;
- the accuracy of the servicer's estimates of the payment patterns of
retail electric customers, including the rate of delinquencies and
any collections curves;
- the reliability of the systems, procedures and other infrastructure
necessary to operate the retail electric business in CenterPoint
Houston's service territory, including the systems owned and
operated by the independent system operator in the Electric
Reliability Council of Texas, Inc.; and
- other factors we discuss in this report and our other Securities and
Exchange Commission filings.
You should not place undue reliance on forward-looking statements. Each
forward-looking statement speaks only as of the date of the particular
statement.
ii
PART I. FINANCIAL INFORMATION
ITEM 1. FINANCIAL STATEMENTS
CENTERPOINT ENERGY TRANSITION BOND COMPANY, LLC
STATEMENTS OF INCOME
AND CHANGES IN MEMBER'S EQUITY
(UNAUDITED)
THREE MONTHS ENDED NINE MONTHS ENDED
SEPTEMBER 30, SEPTEMBER 30,
2003 2004 2003 2004
------- ------- ------- -------
(IN THOUSANDS)
REVENUES:
Transition charge revenue.......................... $18,106 $20,810 $48,144 $53,621
Investment income.................................. 78 95 243 211
------- ------- ------- -------
Total operating revenues......................... 18,184 20,905 48,387 53,832
------- ------- ------- -------
EXPENSES:
Interest expense................................... 9,409 9,130 28,274 27,595
Amortization of transition property................ 8,209 10,957 18,507 23,317
Amortization of transition bond discount and
issuance costs................................... 403 365 1,222 1,122
Administrative and general expenses................ 163 453 384 1,798
------- ------- ------- -------
Total operating expenses......................... 18,184 20,905 48,387 53,832
------- ------- ------- -------
NET INCOME........................................... -- -- -- --
MEMBER'S EQUITY AT BEGINNING OF PERIOD............... 3,745 3,745 3,745 3,745
CONTRIBUTED CAPITAL.................................. -- -- -- --
------- ------- ------- -------
MEMBER'S EQUITY AT END OF PERIOD..................... $ 3,745 $ 3,745 $ 3,745 $ 3,745
======= ======= ======= =======
See Notes to the Company's Interim Financial Statements
1
CENTERPOINT ENERGY TRANSITION BOND COMPANY, LLC
BALANCE SHEETS
(UNAUDITED)
DECEMBER 31, SEPTEMBER 30,
2003 2004
----------- -------------
(IN THOUSANDS)
ASSETS
CURRENT ASSETS:
Cash and cash equivalents........................................... $ 29,795 $ 3,455
Restricted funds.................................................... 5,630 3,225
Transition charge receivable........................................ 9,128 11,661
-------- --------
Current Assets................................................ 44,553 18,341
Intangible transition property...................................... 682,204 658,886
Unamortized debt issuance costs..................................... 6,846 5,759
-------- --------
Total Assets.................................................. $733,603 $682,986
======== ========
LIABILITIES AND MEMBER'S EQUITY
CURRENT LIABILITIES:
Current portion of long-term debt................................... $ 41,189 $ 46,806
Accounts payable.................................................... -- 8
Accrued interest.................................................... 10,967 1,585
Customer deposits................................................... 1,877 1,929
Fees payable to servicer............................................ 160 21
-------- --------
Current Liabilities........................................... 54,193 50,349
Long-term debt:
Transition bonds, net of unamortized discount of $0.2 million..... 675,665 628,892
-------- --------
Total Liabilities............................................. 729,858 679,241
-------- --------
MEMBER'S EQUITY:
Contributed capital................................................. 3,745 3,745
Retained earnings................................................... -- --
-------- --------
Total Member's Equity......................................... 3,745 3,745
-------- --------
Total Liabilities and Member's Equity......................... $733,603 $682,986
======== ========
See Notes to the Company's Interim Financial Statements
2
CENTERPOINT ENERGY TRANSITION BOND COMPANY, LLC
STATEMENTS OF CASH FLOWS
(UNAUDITED)
NINE MONTHS ENDED
SEPTEMBER 30,
---------------------
2003 2004
-------- --------
(IN THOUSANDS)
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income..................................................... $ -- $ --
Adjustments for non-cash items:
Amortization of transition property.......................... 18,507 23,317
Amortization of transition bond discount and issuance costs.. 1,222 1,122
Changes in other assets and liabilities:
Restricted funds............................................. (3,109) 2,405
Transition charge receivable................................. (782) (2,533)
Other current assets......................................... 16 --
Accounts payable............................................. -- 8
Accrued interest............................................. (9,568) (9,382)
Customer deposits............................................ 511 52
Fees payable to servicer..................................... (139) (140)
-------- --------
Net cash provided by operating activities................ 6,658 14,849
-------- --------
CASH FLOWS FROM FINANCING ACTIVITIES:
Payments of long-term debt..................................... (18,723) (41,189)
-------- --------
Net cash used in financing activities.................... (18,723) (41,189)
-------- --------
NET DECREASE IN CASH AND CASH EQUIVALENTS........................ (12,065) (26,340)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD................... 25,263 29,795
-------- --------
CASH AND CASH EQUIVALENTS, END OF PERIOD......................... $ 13,198 $ 3,455
======== ========
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash Payments:
Interest................................................. $ 37,841 $ 36,976
See Notes to the Company's Interim Financial Statements
3
CENTERPOINT ENERGY TRANSITION BOND COMPANY, LLC
NOTES TO UNAUDITED FINANCIAL STATEMENTS
(1) BASIS OF PRESENTATION
General. Included in this Quarterly Report on Form 10-Q (Form 10-Q) of
CenterPoint Energy Transition Bond Company, LLC (the Company) are the Company's
interim financial statements and notes (Interim Financial Statements). The
Interim Financial Statements are unaudited, omit certain financial statement
disclosures and should be read with the Annual Report on Form 10-K of the
Company for the year ended December 31, 2003.
Background. The Company is a special purpose Delaware limited liability
company whose sole member is CenterPoint Energy Houston Electric, LLC
(CenterPoint Houston). CenterPoint Houston is a regulated utility engaged in the
transmission and distribution of electric energy in a 5,000 square mile area
located along the Texas Gulf Coast, including the City of Houston.
Basis of Presentation. The preparation of financial statements in
conformity with accounting principles generally accepted in the United States of
America requires management to make estimates and assumptions that affect the
reported amounts of assets and liabilities and disclosure of contingent assets
and liabilities at the date of the financial statements and the reported amounts
of revenues and expenses during the reporting period. Actual results could
differ from those estimates.
The Company's Interim Financial Statements reflect all normal recurring
adjustments that are, in the opinion of management, necessary to present fairly
the financial position and results of operations for the respective periods.
Amounts reported in the Company's Statements of Income are not necessarily
indicative of amounts expected for a full year period due to the effects of,
among other things, seasonal variations in energy consumption.
Certain amounts from the prior year have been reclassified to conform to
the presentation of financial statements in the current year. These
reclassifications do not affect net income.
(2) TRANSITION CHARGES
The following table shows the aggregate amount of transition charges
remitted by CenterPoint Houston to the trustee under the indenture pursuant to
which the transition bonds were issued (the Trustee) during each month from the
date of issuance of the transition bonds through September 30, 2004 (in
thousands):
2001 2002 2003 2004
------- ---------- --------- --------
January $ -- $ 4,584 $ 4,902 $ 4,652
February -- 3,997 4,693 4,554
March -- 4,297 4,698 5,798
April -- 5,144 4,986 4,808
May -- 3,678 4,236 3,754
June -- 5,805 5,378 6,258
July -- 5,892 6,195 6,039
August -- 7,091 5,948 6,668
September -- 7,195 6,359 7,217
October 2 8,799 6,403
November 414 6,119 4,667
December 1,937 5,390 5,516
In all material respects, each significant retail electric provider (i)
has been billed in accordance with the applicable financing order of the Public
Utility Commission of Texas (Texas Utility Commission), (ii) has made all
payments in compliance with the requirements outlined in the financing order,
and (iii) has satisfied the creditworthiness requirements of the financing
order.
4
(3) CASH AND CASH EQUIVALENTS/RESTRICTED FUNDS
For purposes of the Balance Sheet and Statement of Cash Flows, the Company
considers investments purchased with a maturity of three months or less to be
the equivalent of cash. The Trustee has established, as provided in the
indenture, the following subaccounts for the transition bonds:
- The General Subaccount is comprised of collections of transition
charges and interest earned from short term investments. These
amounts accumulate in the General Subaccount until they are
transferred from the General Subaccount on each transition bond
payment date. The General Subaccount had a balance of $3.4 million
at September 30, 2004.
- The Reserve Subaccount is maintained for the purpose of holding any
transition charges and investment earnings (other than investment
earnings on amounts in the Capital Subaccount) not otherwise used on
the payment dates of the transition bonds for payment of principal,
interest, fees or expenses, or for funding the Capital Subaccount or
the Overcollateralization Subaccount. The Reserve Subaccount had a
balance of $0.04 million at September 30, 2004.
- The Overcollateralization Subaccount has a target funding level of
approximately $3.7 million (0.5% of the initial principal amount of
the transition bonds), and funding is scheduled to occur ratably
over the life of the transition bonds. The Trustee may draw from
this subaccount if the General Subaccount and Reserve Subaccount are
not sufficient on any payment date to make scheduled payments on the
transition bonds and payments of certain fees and expenses. The
Overcollateralization Subaccount had a balance of $4,000 at
September 30, 2004, with a scheduled level of $0.9 million.
- The Capital Subaccount received a deposit of approximately $3.7
million (0.5% of the initial principal amount of the transition
bonds) on the date of issuance of the transition bonds. CenterPoint
Energy Houston Electric, LLC (CenterPoint Houston) contributed this
amount to the Company. If amounts available in the General, Reserve
and Overcollateralization Subaccounts are not sufficient on any
payment date to make scheduled payments on the transition bonds and
payments of certain fees and expenses, the Trustee will draw on
amounts in the Capital Subaccount. Approximately $2.5 million was
drawn from the Capital Subaccount in connection with the September
15, 2004 interest payment. As of September 30, 2004, the Capital
Subaccount had a balance of $1.3 million and is classified as
Restricted Funds in the Balance Sheets.
- As of September 30, 2004, cash deposits provided by retail electric
providers totaled $1.9 million and are classified as Restricted Cash
in the Balance Sheets.
(4) LONG-TERM DEBT
Interest payments on the transition bonds are due semi-annually and are
paid from funds deposited daily with the Trustee by CenterPoint Houston as
servicer of the transition property. Principal payments on the transition bonds
are due semi-annually.
The source of repayment for the transition bonds is the transition
charges. The servicer collects this non-bypassable charge from retail electric
providers in CenterPoint Houston's service territory. The servicer deposits
transition charge collections into the General Subaccount maintained by the
Trustee.
5
The following table shows scheduled and actual principal payments on the
transition bonds from the issuance date through September 30, 2004 (in
thousands):
Class A-1 Class A-2 Class A-3 Class A-4
Scheduled Actual Scheduled Actual Scheduled Actual Scheduled Actual
--------- ------ --------- ------ --------- ------ --------- ------
March 15, 2002 $ -- $ -- $ -- $ -- $ -- $ -- $ -- $ --
September 15, 2002 13,106 13,106 -- -- -- -- -- --
March 15, 2003 6,366 6,366 -- -- -- -- -- --
September 15, 2003 12,357 12,357 -- -- -- -- -- --
March 15, 2004 14,004 14,004 -- -- -- -- -- --
September 15, 2004 27,185 27,185 -- -- -- -- -- --
(5) RELATED PARTY TRANSACTIONS
As the servicer, CenterPoint Houston manages and administers the
transition property of the Company and collects the transition charges on behalf
of the Company. The Company pays a fixed annual servicing fee to CenterPoint
Houston for these services. Pursuant to an administration agreement entered into
between the Company and CenterPoint Houston, CenterPoint Houston also provides
administrative services to the Company. The Company pays CenterPoint Houston a
fixed fee for performing these services, plus all reimbursable expenses. The
Company recorded administrative and servicing fees of $0.1 million and $0.4
million during each of the three-month and nine-month periods ended September
30, 2003 and 2004, respectively.
Subsidiaries of Reliant Energy, Inc. (formerly named Reliant Resources,
Inc.) (RRI), a former affiliate of the Company, collect the majority of the
transition charges from retail electric customers. The subsidiaries of RRI have
at all times been in compliance with the creditworthiness criteria for retail
electric providers as set forth in the financing order of the Texas Utility
Commission. At September 30, 2004, subsidiaries of RRI had letters of credit
aggregating approximately $8.9 million on deposit with the Trustee. As with any
retail electric provider, the servicer is expected to direct the Trustee to seek
recourse against such letters of credit or alternate form of credit support as a
remedy for any payment default that may occur.
6
\
ITEM 2. MANAGEMENT'S NARRATIVE ANALYSIS OF RESULTS OF OPERATIONS OF CENTERPOINT
ENERGY TRANSITION BOND COMPANY, LLC
We meet the conditions specified in General Instruction H(1)(a) and (b) to
Form 10-Q and therefore are providing the following analysis of our results of
operations using the reduced disclosure format for wholly owned subsidiaries of
reporting companies. Accordingly, we have omitted from this report the
information called for by Item 3 (Quantitative and Qualitative Disclosures About
Market Risk) of Part I and the following Part II items of Form 10-Q: Item 2
(Unregistered Sales of Equity Securities and Use of Proceeds), Item 3 (Defaults
Upon Senior Securities) and Item 4 (Submission of Matters to a Vote of Security
Holders). This analysis should be read in combination with the Interim Financial
Statements included in Item 1 of this Form 10-Q.
We are a Delaware limited liability company established in November 1999
for limited purposes. On October 24, 2001 we issued transition bonds and used
the net proceeds to purchase the transition property from Reliant Energy,
Incorporated (now CenterPoint Houston). As we are restricted by our
organizational documents from engaging in activities other than those described
in Item 1 (Business) of our Annual Report on Form 10-K for the year ended
December 31, 2003, income statement effects were limited primarily to income
generated from the transition charges, interest expense on the transition bonds,
amortization of the transition property, debt issuance expenses and the discount
on the transition bonds, transition property servicing and administration fees
and incidental investment interest income.
For the three months ended September 30, 2004, revenue from transition
charges was $20.8 million and investment income was $0.1 million. Interest
expense of $9.1 million related to interest on the transition bonds and
amortization expense of $0.4 million related to amortization of debt issuance
expenses and the discount on the transition bonds. Amortization of the
transition property of $11.0 million was net of regulatory adjustments of $4.4
million for the three months ended September 30, 2004 to defer amortization
costs until periods in which transition charge revenue is recognized. We
recorded administrative expenses of $0.5 million for the three months ended
September 30, 2004.
For the nine months ended September 30, 2004, revenue from transition
charges was $53.6 million and investment income was $0.2 million. Interest
expense of $27.6 million related to interest on the transition bonds and
amortization expense of $1.1 million related to amortization of debt issuance
expenses and the discount on the transition bonds. Amortization of the
transition property of $23.3 million was net of regulatory adjustments of $24.6
million for the nine months ended September 30, 2004 to defer amortization costs
until periods in which transition charge revenue is recognized. We recorded
administrative expenses of $1.8 million for the nine months ended September 30,
2004, primarily due to bad debt expense associated with retail electric
providers recorded in the second quarter of 2004 in accordance with the
financing order issued by the Public Utility Commission of Texas in May 2000
authorizing our issuance of transition bonds.
For the three months ended September 30, 2003, revenue from transition
charges was $18.1 million and investment income was $0.08 million. Interest
expense of $9.4 million related to interest on the transition bonds and
amortization expense of $0.4 million related to amortization of debt issuance
expenses and the discount on the transition bonds. Amortization of the
transition property of $8.2 million was net of regulatory adjustments of $7.2
million for the three months ended September 30, 2003 to defer amortization
costs until periods in which transition charge revenue is recognized. We
recorded administrative expenses of $0.2 million for the three months ended
September 30, 2003.
For the nine months ended September 30, 2003, revenue from transition
charges was $48.1 million and investment income was $0.2 million. Interest
expense of $28.3 million relates to interest on the transition bonds and
amortization expense of $1.2 million relates to amortization of debt issuance
expenses and the discount on the transition bonds. Amortization of the
transition property of $18.5 million was net of regulatory adjustments of $27.6
million for the nine months ended September 30, 2003 to defer amortization costs
until periods in which transition charge revenue is recognized. We recorded
administrative expenses of $0.4 million for the nine months ended September 30,
2003.
7
We use collections of transition charges to make scheduled principal and
interest payments on the transition bonds. Transition charges, together with
interest earned on collected transition charges, are expected to offset (1)
interest expense on the transition bonds, (2) amortization of the transition
property, debt issuance expenses and the discount on the transition bonds and
(3) the fees charged by CenterPoint Houston for servicing the transition
property and providing administrative services to us.
The transition charges are reviewed and adjusted at least annually by the
Public Utility Commission of Texas (Texas Utility Commission) to correct
prospectively any overcollections or undercollections during the preceding 12
months and to provide for the expected recovery of amounts sufficient to timely
provide all payment of debt service and other required amounts and charges in
connection with the transition bonds.
CenterPoint Houston is required to true up transition charges annually on
November 1st in compliance with the financing order adopted in Application of
Reliant Energy, Incorporated for Financing Order to Securitize Regulatory Assets
and Other Qualified Costs, Docket No. 21665. CenterPoint Houston's most recent
true up filing to adjust transition charges was approved by the Texas Utility
Commission and became effective November 1, 2004. A link to that filing is
available at www.centerpointenergy.com/investors/bond/1,2776,106657,00.html. No
information on that or any other website is incorporated by reference into this
report. The adjusted transition charges are designed to collect $100.5 million
during the twelve months ending October 31, 2005 which is intended to be an
amount sufficient to enable us to meet our scheduled debt service requirements
and replenish the Overcollateralization Subaccount and the Capital Subaccount
to their targeted levels.
Holders of transition bonds may experience payment delays or incur losses
if our assets are not sufficient to pay interest or the scheduled principal of
the transition bonds. Funds for payments depend on the transition property and
the right to collect the transition charges over a period limited by Texas law
to 15 years. In addition, collections depend on the amount of electricity
consumed within CenterPoint Houston's service territory. At the time we made our
September 15, 2004 debt service payment, funds in the General Subaccount, the
Reserve Subaccount and the Overcollateralization Subaccount were insufficient to
cover the payment, and approximately $2.5 million was drawn from the Capital
Subaccount in connection with that payment. Milder than normal weather during
the summer of 2004 (and hence reduced electricity consumption) resulted in
transition charge collections being insufficient to fund that debt service
payment without a draw from the Capital Subaccount. After the September 15, 2004
payment, the aggregate balance in the Overcollateralization Subaccount and the
Capital Subaccount was $1.3 million, and the targeted aggregate balance in these
accounts was $4.7 million.
ITEM 4. CONTROLS AND PROCEDURES
In accordance with Exchange Act Rules 13a-15 and 15d-15, we carried out an
evaluation, under the supervision and with the participation of management,
including our principal executive officer and principal financial officer, of
the effectiveness of our disclosure controls and procedures as of the end of the
period covered by this report. Based on that evaluation, our principal executive
officer and principal financial officer concluded that our disclosure controls
and procedures were effective as of September 30, 2004 to provide assurance that
information required to be disclosed in our reports filed or submitted under the
Exchange Act is recorded, processed, summarized and reported within the time
periods specified in the Securities and Exchange Commission's rules and forms.
There has been no change in our internal controls over financial reporting
that occurred during the three months ended September 30, 2004 that has
materially affected, or is reasonably likely to materially affect, our internal
controls over financial reporting.
8
PART II. OTHER INFORMATION
ITEM 6. EXHIBITS
The following exhibits are filed herewith:
Exhibits not incorporated by reference to a prior filing are designated
by a cross (+); all exhibits not so designated are incorporated by
reference to a prior filing of CenterPoint Energy Transition Bond
Company, LLC.
SEC FILE
OR
EXHIBIT REGISTRATION EXHIBIT
NUMBER DESCRIPTION REPORT OR REGISTRATION STATEMENT NUMBER REFERENCE
------ ----------- -------------------------------- ------ ---------
4.1 -- Amended and Restated Limited Form 8-K dated October 23, 2001 333-91093 4.3
Liability Company Agreement of
Reliant Energy Transition Bond
Company LLC
4.2 -- Amended and Restated Certificate of Form 8-K dated October 23, 2001 333-91093 4.7
Formation of Reliant Energy
Transition Bond Company LLC
4.3 -- Certificate of Amendment to the Form 10-Q for the quarter ended June 333-91093 4.3
Certificate of Formation of Reliant 30, 2003
Energy Transition Bond Company LLC
+10.1 -- Semiannual Servicer's Certificate,
dated as of September 14, 2004, as
to the transition bond balances, the
balances of the collection account
and its sub-accounts, and setting
forth transfers and payments to be
made on the September 15, 2004
payment date.
+31.1 -- Section 302 Certification of Gary L.
Whitlock
+31.2 -- Section 302 Certification of Marc
Kilbride
+32.1 -- Section 906 Certification of Gary L.
Whitlock
+32.2 -- Section 906 Certification of Marc
Kilbride
9
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.
CENTERPOINT ENERGY TRANSITION BOND COMPANY, LLC
By: /s/ James S. Brian
-------------------------------------------
James S. Brian
Senior Vice President and Chief Accounting Officer
Date: November 12, 2004
10
EXHIBIT INDEX
Exhibits not incorporated by reference to a prior filing are designated
by a cross (+); all exhibits not so designated are incorporated by
reference to a prior filing of CenterPoint Energy Transition Bond
Company, LLC.
SEC FILE
OR
EXHIBIT REGISTRATION EXHIBIT
NUMBER DESCRIPTION REPORT OR REGISTRATION STATEMENT NUMBER REFERENCE
------ ----------- -------------------------------- ------ ---------
4.1 -- Amended and Restated Limited Form 8-K dated October 23, 2001 333-91093 4.3
Liability Company Agreement of
Reliant Energy Transition Bond
Company LLC
4.2 -- Amended and Restated Certificate of Form 8-K dated October 23, 2001 333-91093 4.7
Formation of Reliant Energy
Transition Bond Company LLC
4.3 -- Certificate of Amendment to the Form 10-Q for the quarter ended June 333-91093 4.3
Certificate of Formation of Reliant 30, 2003
Energy Transition Bond Company LLC
+10.1 -- Semiannual Servicer's Certificate,
dated as of September 14, 2004, as
to the transition bond balances, the
balances of the collection account
and its sub-accounts, and setting
forth transfers and payments to be
made on the September 15, 2004
payment date.
+31.1 -- Section 302 Certification of Gary L.
Whitlock
+31.2 -- Section 302 Certification of Marc
Kilbride
+32.1 -- Section 906 Certification of Gary L.
Whitlock
+32.2 -- Section 906 Certification of Marc
Kilbride