8-K 1 anr8k040617.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: June 17, 2004 (Date of Earliest Event Reported: June 16, 2004) ANR PIPELINE COMPANY (Exact name of Registrant as specified in its charter) Delaware 1-7320 38-1281775 (State or other (Commission File (I.R.S. Employer jurisdiction of Number) Identification No.) incorporation or organization) El Paso Building 1001 Louisiana Street Houston, Texas 77002 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (713) 420-2600 Item 5. Other Events and Regulation FD Disclosure ----------------------------------------- On June 16, 2004, our parent company, El Paso Corporation, announced that it had received waivers on its $3 billion revolving credit facility and certain other financings. A copy of this press release is attached as Exhibit 99.A and is incorporated herein by reference. Item 7. Financial Statements and Exhibits --------------------------------- (c) Exhibits. Exhibit Number Description ------- ----------- 99.A Press Release dated June 16, 2004. 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. ANR PIPELINE COMPANY By: /s/ Greg G. Gruber ------------------------ Greg G. Gruber Senior Vice President, Chief Financial Officer, Treasurer and Director (Principal Financial and Accounting Officer) Dated: June 17, 2004 EXHIBIT INDEX Exhibit Number Description ------- ----------- 99.A Press Release dated June 16, 2004.

ANTICIPATED PROJECT CAPACITY DESCRIPTION COMPLETION DATE ------- -------- ----------- --------------- (MMCF/D) Westleg Wisconsin 218 To increase capacity of our existing system by looping the November 2004 Expansion Madison lateral and by enlarging the Beloit lateral through abandonment and replacement

THREE MONTHS YEAR ENDED ENDED DECEMBER 31, MARCH 31, ------------------------ --------------- 2000 2001 2002 2002 2003 ------ ------ ------ ------ ------ (IN MILLIONS, EXCEPT VOLUME AMOUNTS) Operating revenues......................... $ 621 $ 613 $ 544 $ 156 $ 185 Operating expenses......................... (397) (726) (323) (74) (93) ------ ------ ------ ------ ------ Operating income (loss)............. 224 (113) 221 82 92 ------ ------ ------ ------ ------ Earnings from unconsolidated affiliates.... 65 67 63 22 18 Net gain (loss) on the sale of investments.............................. -- 13 (1) -- -- Other income............................... 16 4 7 -- -- ------ ------ ------ ------ ------ Other............................... 81 84 69 22 18 ------ ------ ------ ------ ------ EBIT............................. 305 (29) 290 104 110 Interest and debt expense.................. (44) (41) (41) (10) (13) Affiliated interest income, net............ 8 8 6 1 -- Income taxes............................... (92) 26 (92) (34) (36) ------ ------ ------ ------ ------ Income (loss) before extraordinary items............................... $ 177 $ (36) $ 163 $ 61 $ 61 ====== ====== ====== ====== ====== Throughput volumes (BBtu/d)(1)............. 5,784 5,643 5,319 6,289 6,898 ====== ====== ====== ====== ======

THREE MONTHS ENDED YEAR ENDED DECEMBER 31, MARCH 31, ------------------------ --------------- 2000 2001 2002 2002 2003(1) ------ ------ ------ ----- ------- (IN MILLIONS) Cash flows from operating activities........ $ 279 $ 214 $ 206 $ 143 $ 50 Cash flows from investing activities........ (146) (185) (220) (143) (313) Cash flows from financing activities........ (135) (30) 14 -- 288

THREE MONTHS YEAR ENDED ENDED DECEMBER 31, MARCH 31, ------------------ ----------- 2000 2001 2002 2002 2003 ---- ---- ---- ---- ---- (IN MILLIONS) Maintenance................................................. $ 47 $ 60 $ 77 $ 8 $ 9 Expansion/Other............................................. 54 51 36 33 10 ---- ---- ---- --- --- Total................................................... $101 $111 $113 $41 $19 ==== ==== ==== === ===

THREE MONTHS ENDED YEAR ENDED DECEMBER 31, MARCH 31, ------------------------------------------ ---------------- 1998 1999 2000 2001 2002 2002 2003 ------ ------ ------ ------ ------ ------ ------ (IN MILLIONS) OPERATING RESULTS DATA: Operating revenues............. $ 692 $ 628 $ 621 $ 613 $ 544 $ 156 $ 185 ------ ------ ------ ------ ------ ------ ------ Operating expenses............. 362 324 358 332 287 65 84 Merger-related costs and asset impairment charges(1)....... -- -- -- 359 -- -- -- Depreciation, depletion and amortization................ 37 38 39 35 36 9 9 ------ ------ ------ ------ ------ ------ ------ Operating income (loss)........ 293 266 224 (113) 221 82 92 Other income, net.............. 95 76 81 84 69 22 18 Non-affiliated interest and debt expense................ (46) (42) (44) (41) (41) (10) (13) Affiliated interest income, net......................... 13 6 8 8 6 1 -- ------ ------ ------ ------ ------ ------ ------ Income (loss) before income taxes....................... 355 306 269 (62) 255 95 97 Income taxes................... 114 110 92 (26) 92 34 36 ------ ------ ------ ------ ------ ------ ------ Income (loss) before extraordinary items......... 241 196 177 (36) 163 61 61 Extraordinary items, net of income taxes................ -- -- -- (2) -- -- -- ------ ------ ------ ------ ------ ------ ------ Net income (loss).............. $ 241 $ 196 $ 177 $ (38) $ 163 $ 61 $ 61 ====== ====== ====== ====== ====== ====== ======

AS OF DECEMBER 31, AS OF ------------------------------------------ MARCH 31, 1998 1999 2000 2001 2002 2003 ------ ------ ------ ------ ------ --------- (IN MILLIONS) FINANCIAL POSITION DATA: Total assets........................... $2,018 $2,061 $2,071 $2,202 $2,379 $2,272 Total long-term debt................... $ 498 $ 498 $ 498 $ 498 $ 511 $ 807 Stockholder's equity................... $ 978 $1,041 $1,085 $1,019 $1,183 $ 717

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