10-K - SCANA Corporation

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Table of Contents EXECUTIVE OFFICERS OF SCANA CORPORATION The executive officers are elected at the annual meeting of the Board of Directors, held immediately after the annual meeting of shareholders, and hold office until the next such annual meeting, unless (1) a resignation is submitted, (2) the Board of Directors shall otherwise determine or (3) as provided in the By-laws of SCANA. Positions held are for SCANA and all subsidiaries unless otherwise indicated. Name Age Positions Held During Past Five Years Dates Kevin B. Marsh 56 Chairman of the Board, Chief Executive Officer and Director 2011-present President and Chief Operating Officer -SCANA 2011-present President and Chief Operating Officer-SCE&G *-2011 Jimmy E. Addison 51 Executive Vice President Chief Financial Officer Senior Vice President Jeffrey B. Archie 54 Senior Vice President Senior Vice President and Chief Nuclear Officer-SCE&G Vice President of Nuclear Plant Operations-SCE&G 2012-present *-present *-2012 2010-present 2009-present *-2009 George J. Bullwinkel 63 President and Chief Operating Officer-SEMI, SCI and ServiceCare *-present Sarena D. Burch 54 Senior Vice President-Fuel Procurement and Asset Management- SCE&G and PSNC Energy Stephen A. Byrne 52 President of Generation and Chief Operating Officer-SCE&G Executive Vice President-SCANA Executive Vice President-Generation and Transmission-SCE&G Executive Vice President-Generation, Nuclear and Fossil Hydro- SCE&G 2011-present 2009-present 2011 2009-2011 Senior Vice President-Generation, Nuclear and Fossil Hydro-SCE&G *-2009 Paul V. Fant 58 President and Chief Operating Officer-CGT Senior Vice President-SCANA Senior Vice President-Transmission Services-SCE&G W. Keller Kissam 45 President of Retail Operations-SCE&G Senior Vice President-SCANA Senior Vice President-Retail Electric-SCE&G Vice President-Electric Operations-SCE&G Ronald T. Lindsay 61 Senior Vice President, General Counsel and Assistant Secretary Executive Vice President, General Counsel and Secretary of Bowater Incorporated, Greenville, South Carolina *-present 2008-present *-2007 2011-present 2011-present 2011 *-2011 2009-present *-2008 Charles B. McFadden 67 Senior Vice President-Governmental Affairs and Economic Development-SCANA Services Martin K. Phalen 57 Senior Vice President-Administration-SCANA Vice President-Gas Operations-SCE&G 2012-present *-2012 * Indicates position held at least since March 1, 2007. 26
Table of Contents PART II ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS, AND ISSUER PURCHASES OF EQUITY SECURITIES COMMON STOCK INFORMATION SCANA Corporation: Price Range (New York Stock Exchange Composite Listing): SCANA common stock trades on The New York Stock Exchange, using the ticker symbol SCG. Newspaper stock listings use the name SCANA. At February 20, 2012 there were 130,295,890 shares of SCANA common stock outstanding which were held by approximately 29,134 shareholders of record. For a summary of equity securities issuable under SCANA’s compensation plans at December 31, 2011, see Item 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS. SCANA declared quarterly dividends on its common stock of $.485 per share in 2011 and $.475 per share in 2010. On February 15, 2012, SCANA increased the quarterly cash dividend rate on SCANA common stock to $.495 per share, an increase of 2.1%. The new dividend is payable April 1, 2012 to shareholders of record on March 9, 2012. For a discussion of provisions that could limit the payment of cash dividends, see Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS under Liquidity and Capital Resources-Financing Limits and Related Matters and Note 3 to the consolidated financial statements for SCANA. SCE&G: 2011 2010 4th Qtr. 3rd Qtr. 2nd Qtr. 1st Qtr. 4th Qtr. 3rd Qtr. 2nd Qtr. 1st Qtr. High $ 45.48 $ 41.58 $ 42.20 $ 42.83 $ 41.97 $ 40.82 $ 39.99 $ 38.17 Low $ 38.49 $ 34.64 $ 38.16 $ 37.86 $ 40.03 $ 35.23 $ 34.73 $ 34.23 All of SCE&G’s common stock is owned by SCANA, and no established public trading market exists for SCE&G common stock. During 2011 and 2010, SCE&G declared quarterly dividends on its common stock in the following amounts: February 11, 2010 45.0 million 2011 49.0 million May 6, 2010 46.0 million April 21, 2011 47.5 million July 29, 2010 49.0 million August 11, 2011 49.0 million October 27, 2010 52.4 million October 26, 2011 38.0 million On February 15, 2012, SCE&G declared dividends on its common stock of $51.6 million. For a discussion of provisions that could limit the payment of cash dividends, see Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS under Liquidity and Capital Resources- Financing Limits and Related Matters and Note 3 to the consolidated financial statements for SCE&G. 27
Page 1 and 2: Table of Contents UNITED STATES SEC
Page 3 and 4: Table of Contents CAUTIONARY STATEM
Page 5 and 6: Table of Contents TERM MEANING MGP
Page 7 and 8: Table of Contents Regulated Utiliti
Page 9 and 10: Table of Contents Electric Intercon
Page 11 and 12: Table of Contents Gas Cost, Supply
Page 13 and 14: Table of Contents SCE&G holds licen
Page 15 and 16: Table of Contents PSNC Energy’s r
Page 17 and 18: Table of Contents Furthermore, rece
Page 19 and 20: Table of Contents One rating agency
Page 21 and 22: Table of Contents • Uncertainties
Page 23 and 24: Table of Contents ELECTRIC PROPERTI
Page 25: Table of Contents Litigation In May
Page 29 and 30: Table of Contents SCANA CORPORATION
Page 31 and 32: Table of Contents Key Earnings Driv
Page 33 and 34: Table of Contents Retail Gas Market
Page 35 and 36: Table of Contents • 2010 vs 2009
Page 37 and 38: Table of Contents • 2011 vs 2010
Page 39 and 40: Table of Contents The Company’s c
Page 41 and 42: Table of Contents With respect to h
Page 43 and 44: Table of Contents Air Quality With
Page 45 and 46: Table of Contents Electric Operatio
Page 47 and 48: Table of Contents the effects of di
Page 49 and 50: Table of Contents substantial compl
Page 51 and 52: Table of Contents ITEM 7A. QUANTITA
Page 53 and 54: Table of Contents ITEM 8. FINANCIAL
Page 55 and 56: Table of Contents See Notes to Cons
Page 57 and 58: Table of Contents See Notes to Cons
Page 59 and 60: Table of Contents NOTES TO CONSOLID
Page 61 and 62: Table of Contents costs for turbine
Page 63 and 64: Table of Contents Fuel costs, emiss
Page 65 and 66: Table of Contents In May 2009, two
Page 67 and 68: Table of Contents Accumulated defer
Page 69 and 70: Table of Contents SCANA issued comm
Page 71 and 72: Table of Contents The difference be
Page 73 and 74: Table of Contents losses from its h
Page 75 and 76: Table of Contents The effect of der
Page 77 and 78:
Table of Contents 8. EMPLOYEE BENEF
Page 79 and 80:
Table of Contents The Company’s p
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Table of Contents Net Periodic Bene
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Table of Contents Equity Awards In
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Table of Contents SCE&G maintains a
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Table of Contents 11. AFFILIATED TR
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Table of Contents 13. QUARTERLY FIN
Page 91 and 92:
Table of Contents ITEM 7. MANAGEMEN
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Table of Contents retain large comm
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Table of Contents • 2011 vs 2010
Page 97 and 98:
Table of Contents regulations, will
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Table of Contents on its draws, whi
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Table of Contents To help mitigate
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Table of Contents The RSA allows na
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Table of Contents site of Summer St
Page 107 and 108:
Table of Contents ITEM 7A. QUANTITA
Page 109 and 110:
Table of Contents ITEM 8. FINANCIAL
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Table of Contents December 31, (Mil
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Table of Contents See Notes to Cons
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Table of Contents NOTES TO CONSOLID
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Table of Contents $32.7 million, of
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Table of Contents 2. RATE AND OTHER
Page 121 and 122:
Table of Contents Regulatory Assets
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Table of Contents 4. LONG-TERM AND
Page 125 and 126:
Table of Contents The tax effects o
Page 127 and 128:
Table of Contents The fair value of
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Table of Contents 8. EMPLOYEE BENEF
Page 131 and 132:
Table of Contents The pension plan
Page 133 and 134:
Table of Contents Net Periodic Bene
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Table of Contents Nonvested shares
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Table of Contents Claims and Litiga
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Table of Contents Disclosure of Rep
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Table of Contents ITEM 9. CHANGES I
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Table of Contents SCE&G: Evaluation
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Table of Contents ITEM 14. PRINCIPA
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Table of Contents Schedule II—Val
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Table of Contents SIGNATURES Pursua
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Table of Contents Applicable to Exh
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Exhibit 12.01 SCANA CORPORATION CAL
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Exhibit 23.01 CONSENT OF INDEPENDEN
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Exhibit 24.01 POWER OF ATTORNEY KNO
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Exhibit 31.01 CERTIFICATION I, Kevi
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Exhibit 31.03 CERTIFICATION I, Kevi
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Exhibit 32.01 SCANA CORPORATION CER
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Exhibit 32.03 SOUTH CAROLINA ELECTR
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scg-20111231.xml
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scg-20111231_cal.xml
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scg-20111231_pre.xml
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10-K - SCANA Corporation

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