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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

 

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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)

 

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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

 

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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 December 31, 2002

 

Capitalization (in millions of dollars)
		December 31, 2002
Notes Payable and Commercial Paper		$     915
Long-Term Debt (including current portion)		21,550
Guaranteed Preferred Beneficial Interests in Subordinated Notes of Duke Energy or Subsidiaries		1,408
Preferred and Preference Stock (including current portion)		159
Minority Interests		1,904
Total Common Stock Equity		14,944
Total Capitalization		$40,880

 

2. As of December 31, 2002, the 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 1st day of April, 2003.

 

 

Dated: April 1, 2003