UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 PUBLIC UTILITY HOLDING COMPANY ACT OF 1935 File No. 70-9323 REPORT PERIOD July 1, 2001 through December 31, 2001 In the Matter of ALLIANT ENERGY CORPORATION, ET AL ALLIANT ENERGY CORPORATION ("AEC") hereby certifies on behalf of itself, Alliant Energy Resources, Inc. ("AER"), a wholly-owned subsidiary of AEC, Alliant Energy Investments, Inc. ("AEI"), a wholly-owned subsidiary of AER, and Heartland Properties, Inc. ("HPI"), a wholly-owned subsidiary of AEI, that during the period from July 1, 2001 through December 31, 2001 (the "Reporting Period"): 1. The consolidated balance sheet and twelve-month statement of income for HPI as of the end of the Reporting Period were as set forth in Exhibit A. 2. The amount of revenues and any form of compensation received by HPI during the Reporting Period from any and all LIHTC property interests, directly or indirectly, owned or controlled by HPI were $390,494. 3. The name of each new partnership entered into during the Reporting Period is as follows: Knoxville IHA Senior Housing Limited Partnership Apollo Tax Credit Fund-XVII Limited Partnership Montello Senior Housing Limited Partnership MDI Limited Partnership #47 Copies of the corresponding partnership agreement for each partnership will be provided upon request. 4. The amounts of investment made by HPI during the Reporting Period in the LIHTC properties and cumulative comparisons of the $50 million authorized in the SEC's order dated August 13, 1999 are as set forth under Exhibit B. 5. The cumulative number of any and all LIHTC properties and any other investment position in any form of non-utility assets held by HPI at the end of the Reporting Period was ninety-nine. Said transactions have been carried out in accordance with the terms and conditions of, and for the purpose represented in, the Form U-1 Application-Declaration, as amended, of AEC, et al, in File No., 70-9323, and in accordance with the terms and conditions of the SEC's order dated August 13, 1999, permitting said Application-Declaration to become effective. DATED: February 12, 2002 ALLIANT ENERGY CORPORATION ALLIANT ENERGY RESOURCES, INC. ALLIANT ENERGY INVESTMENTS, INC. HEARTLAND PROPERTIES, INC. By: ALLIANT ENERGY CORPORATION By: /s/ Enrique Bacalao --------------------- Enrique Bacalao Assistant Treasurer Heartland Properties, Inc.-Consolidated Balance Sheet Including Iowa and Minnesota Investments As of December 31, 2001 ** UNAUDITED ** Cash and cash equivalents $2,759,416 Trade account receivable 895,154 Allowance for doubtful accounts (996) Restricted cash - short-term 2,870,826 Loan to Money Pools 9,186,571 Other current assets: 0 Short-term notes receivable 77,100 Current portion of long term notes receivable 0 Deferred income tax 0 Federal income tax receivable 691,381 State income tax receivable 346,090 Receivable form parent and affiliates 868,614 Receivable from other related parties 801,912 Other 140,150 ------------------------- Total other current assets 2,925,247 ------------------------- Total Current Assets 18,636,218 ------------------------- Operating property and equipment 514,230 Rental property 174,147,433 ------------------------- Total property 174,661,663 ------------------------- Accumulated depreciation - operating 410,719 Accumulated depreciation - rental 36,696,687 ------------------------- Total accumulated depreciation 37,107,406 ------------------------- Net Fixed Assets 137,554,257 ------------------------- Net intangible assets 2,167,250 ------------------------- Investment - intercompany 0 ------------------------- Investment - McLeod (0) ------------------------- Restricted cash - long-term 5,719,005 ------------------------- Long-term assets Long-term notes receivable 0 Due from related party 2,561,167 Deferred income taxes 0 Equity and other investments 3,786,602 Other 1,399,727 ------------------------- Total long-term assets 7,747,496 ------------------------- TOTAL ASSETS $171,824,226 ========================= Heartland Properties, Inc. - Consolidated Balance Sheet Including Iowa and Minnesota Investments As of December 31, 2001 ** UNAUDITED ** Line of credit borrowing $0 Payable to parent and affiliates 3,573,818 ------------------------- Total short-term debt 3,573,818 ------------------------- Current maturities of long-term debt 4,569,115 Trade accounts payable 740,366 Payable to other related parties 5,721 Accrued payroll and vacation 386,625 Accrued interest payable 837,016 Federal income tax payable 0 State income tax payable 0 Deferred revenue 3,443 Other current liabilities 4,268,557 ------------------------- Total Current Liabilities 14,384,661 ------------------------- Long-term debt 0 Mortgage notes payable on rental 95,040,171 Long-term debt with related party 0 ------------------------- Total long-term debt 95,040,171 ------------------------- Deferred income tax 4,545,160 Other long-term liabilities 2,372,364 ------------------------- TOTAL LIABILITIES 116,342,356 ------------------------- Minority interest 267,373 Common stock 8,044,800 Additional paid in capital 35,091,424 Syndication/stock issuance costs (494,515) ------------------------- Total common stock 42,641,709 ------------------------- Dividends paid (14,880,808) Retained earnings - prior year 20,846,688 Unrealized Security Gain/Loss (0) Current year earnings(loss) 6,606,908 ------------------------- Total reinvested earnings 12,572,788 ------------------------- TOTAL STOCKHOLDERS' EQUITY 55,214,497 ------------------------- TOTAL LIABILITIES AND EQUITY $171,824,226 ========================= Heartland Properties, Inc. - Consolidated Balance Sheet Including Iowa and Minnesota Investments For the Year Ended December 31, 2001 ** UNAUDITED ** Professional services $329,641 Rental revenue 17,607,501 ------------------------- Gross revenue 17,937,142 ------------------------- Less: reimbursements ------------------------- Net revenue 17,937,142 ------------------------- Operating expenses Operating expenses 3,606,013 Administrative and general expenses 7,239,604 Depreciation 4,529,187 Amortization 130,377 Taxes other than income 2,002,088 ------------------------- Total operating expenses 17,507,269 ------------------------- Pre-Bonus Operating Inc (Loss) 429,873 Bonus 363,851 ------------------------- Post-Bonus Operating Inc (Loss) 66,022 ------------------------- Interest income - trade 740,470 Interest income - intercompany 90,569 ------------------------- Total interest income 831,039 ------------------------- Interest expense - trade 4,978,655 Interest expense - intercompany 313,522 ------------------------- Total interest expense 5,292,177 ------------------------- Dividend income - trade 0 Dividend income - intercompany 0 Equity losses in unconsolidated entities (288,417) Other income (expense) (56,336) ------------------------- Total other income (expense) (344,753) ------------------------- Pre-Tax Income (Loss) (4,739,869) ------------------------- Federal income tax expense (benefit) (1,548,820) Tax Credits (9,409,700) Federal deferred income tax 0 State deferred income tax 0 State income tax expense (benefit) (387,291) ------------------------- Total tax benefit (11,345,811) ------------------------- Net Income (Loss) Before Minority Interest 6,605,942 Minority Interest In Net (Income) Loss (966) ------------------------- Net Income (Loss) Before Change in Accounting Principal 6,606,908 Change in Accounting Principal Net of Tax 0 ------------------------- Net Income (Loss) $6,606,908 ========================= Response to SEC request. File No. 70-9323 Reporting period 7/1/01 through 12/31/01 Exhibit B 4. The amounts of investment made by HPI during the Reporting Period in the LIHTC properties authorized under in the SEC's order dated August 13, 1999 are as follows: 7/1/99 -- 12/31/99 Fort Madison IHA Senior Housing Limited Partnership $ 521,436 Wagon Wheel Limited Partnership 864,756 Fond du Lac Senior Housing Limited Partnership 200 1/1/00 -- 6/30/00 Pickerel Park Associates Limited Partnership 451,721 Meadow Wood Associates of Carroll Phase II, Limited Partnership 578,505 Fort Madison IHA II Senior Housing Limited Partnership 473,700 7/1/00 -- 12/31/00 Fond du Lac Senior Housing Limited Partnership 836,410 Countryside of Clinton Associates Limited Partnership 694,000 Heartland Properties Equity Investment Fund I, a Wisconsin Limited Partnership* 10,600,000 Meadow Wood Associates of Carroll Phase II, Limited Partnership 231,362 Pickerel Park Associates Limited Partnership 209,779 1/1/01 -- 6/30/01 Wagon Wheel Limited Partnership 201,635 Fort Madison IHA Senior Housing Limited Partnership 105,234 Fort Madison IHA II Senior Housing Limited Partnership 118,400 Meadow Wood Associates of Carroll Phase II, Limited Partnership 347,043 Richland Center WHA Limited Partnership 289,444 Heartland-Wisconsin Rapids Timber Trails, LLC 1,587,738 Maquoketa IHA Senior Housing Limited Partnership 618,709 7/1/01 -- 12/31/01 Fond du Lac Senior Housing Limited Partnership 32,000 Pickerel Park Associates Limited Partnership 586,500 Countryside of Clinton Associates Limited Partnership 277,560 Knoxville IHA Senior Housing Limited Partnership 570,769 Apollo Tax Credit Fund-XVII Limited Partnership 235,807 Montello Senior Housing Limited Partnership 35,200 MDI Limited Partnership #47 631,617 Heartland Properties Equity Investment Fund VII, L.L.C.** 1,229,400 ------------------ $ 22,328,925 ================== Response to SEC request. File No. 70-9323 Reporting period 7/1/01 through 12/31/01 Notes to Exhibit B *Amounts invested in Heartland Properties Equity Investment Fund I were invested pursuant to Alliant Energy Corporation et al., Holding Company Act Release No. 27198 (July 10, 2000) (supplemental order). ** Amounts invested in Heartland Properties Equity Investment Fund VII, L.L.C. were invested in an entity owned in part prior to the three-way merger creating Alliant Energy Corporation. The cumulative amount of invstment made by HPI in the LIHTC properties authorized in the SEC's order dated August 13, 1999 is $22,328,925 leaving a balance available for investment of $27,671,075.