SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
QUARTERLY FILING CERTIFICATE
PURSUANT TO ORDER GRANTING EXEMPTIONS
UNDER SECTION 3(b) TO
FOREIGN PUBLIC UTILITY COMPANIES
Release No 35-27497; File No. 70-10013
DUKE ENERGY CORPORATION
526 S. Church Street
Charlotte, North Carolina 28202
(Name of the company filing this certificate and
address of its principal executive office)
David L. Hauser
Senior Vice President and
Treasurer
Duke Energy Corporation
526 S. Church Street
Charlotte, North Carolina 28202
(Name and address of agent for service)
Please also submit copies of all correspondence to:
Robert T. Lucas III
Duke Energy Corporation
422 South Church Street
Charlotte, North Carolina 28201-1244
By order issued March 8, 2002, the Commission granted the application of Duke Energy Corporation (“Duke Energy”) under section 3(b) of the Public Utility Holding Company Act of 1935, as amended. The Commission’s order required Duke Energy to file, on a quarterly basis, a certificate containing certain information regarding the capitalization and senior debt ratings of Duke Energy. Pursuant to that requirement, Duke Energy hereby submits its certificate.
CERTIFICATE
The undersigned officer of Duke Energy Corporation hereby certifies as follows:
1. The following table shows Duke Energy’s total capitalization as of March 31, 2003
| Capitalization (in millions of dollars) | |||
| March 31, 2003 | |||
| Notes Payable and Commercial Paper |
$ |
1,125 | |
| Long-Term Debt (including current portion) |
|
21,232 | |
| Guaranteed Preferred Beneficial Interests in Subordinated Notes of Duke Energy or Subsidiaries |
|
1,408 | |
| Preferred and Preference Stock (including current portion) |
|
159 | |
| Minority Interests |
|
1,640 | |
| Total Common Stock Equity |
|
15,282 | |
| Total Capitalization |
$ |
40,846 | |
2. As of March 31, 2003, Duke Energy’s senior unsecured debt ratings were A3 from Moody’s Investors Service, Inc., A- from Standard & Poor’s Rating Service, a division of McGraw-Hill, Inc. and A- from Fitch Ratings.
IN WITNESS WHEREOF, the undersigned has hereunto set his hand this 22nd day of May, 2003.
| /s/ MYRON L. CALDWELL |
| Myron L. Caldwell Vice President, Corporate Finance |
Respectfully submitted,
DUKE ENERGY CORPORATION
| By: |
/s/ ROBERT T. LUCAS III | |
| Robert T. Lucas III Assistant Secretary |
Dated: May 22, 2003