Atmos Energy 2006 Annual Report Download

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A T M O S E N E R G Y C O R P O R A T I O N 2 0 0 6 S U M M A R Y A N N U A L R E P O R T
C E L E B R A T I N G
1OO
Y E A R S o f
S E R V I C E

Table of contents

  • Page 1
    C E L E B R AT I N G A T M O S E N E R G Y C O R P O R A T I O N 1O O YEARS of 2 0 0 6 S U M M A R Y A N N U A L R E P O R T SERVICE

  • Page 2
    100 years ago, a few visionary pioneers founded Amarillo Gas Company to bring energy to the frontier. Today, some 4,600 Atmos Energy employees keep that energy alive for 3.2 million customers across the nation.

  • Page 3
    Every single employee is the reason we are the number one all-natural-gas utility in America today. 1 2 In 2006, we celebrated a century of bringing the energy of America to homes and businesses across our vast countryside. In this annual report, I'm proud to share with you the literally ...

  • Page 4
    In Kansas, two Atmos Energy employees answer to the name "Mr. Mayor." Howard Hatfield serves as mayor of Anthony, and Bruce Main is mayor of Independence. 100 | The oil and gas boom brought new prosperity to Amarillo-and hundreds of road rally racers. 1918: In the Texas Panhandle, Amarillo Oil ...

  • Page 5
    ... 24 -inch-diameter long-distance gas pipeline to ... 800 Atmos Energy employees showed their community spirit by grilling 800 burgers and hot dogs to celebrate the lifesaving work of the fire department in Olathe, Kansas. Atmos Energy leads the industry in equipping its meter readers with the Bite...

  • Page 6
    ... Company. 1933: Amarillo Gas began adding odorant ...to natural gas to make it safer. 1934: Western Kentucky Gas Company was formed. 1942: Amarillo Gas fueled new army camps, air bases and defense ... 8 - 9 1,000 23 The 23 Segways Atmos Energy has in operation so far have improved meter readers...

  • Page 7
    ... in Greeley, Colorado. 1948: Two-way radios and telemetering equipment improved ...operations. 1954: Southwestern Development Company and its subsidiaries were collapsed into Pioneer Natural Gas Company. 1955: Pioneer installed ... 40 Kent Maycut, a senior service technician from St. Bernard Parish...

  • Page 8
    ..., reducing the time from meter reading to billing. 1956: Pioneer built its own headquarters building in Amarillo. 1962: The growth of irrigation customers made Pioneer a summer-peaking company. 1975: Pioneer Natural Gas Company changed its name to Pioneer ... 1,950 | Our employees have walked...

  • Page 9
    ...acquisition with the purchase of Trans Louisiana Gas. 1987: Growth continued with ... 33 Natural gas costs less than one-third of the cost of electricity per Btu. 500 Atmos Energy was named to the FORTUNE 500 for the first time in 2006. The company moved up 150 places since 2005. 1626 In 1626...

  • Page 10
    ... Kentucky Gas. 1988: Energas changed its name to Atmos Energy Corporation and was listed on the NYSE (ATO). 1993: Atmos ...Energy acquired Greeley Gas operations in Colorado and Kansas. 1997: Atmos Energy doubled in size to one million customers through its merger with ... 35 Because natural gas...

  • Page 11
    ...Rick Husband stands in Amarillo. Together, their upraised hands point to the trajectory of the shuttle and her crew's final mission. 2002: Mississippi Valley Gas, the state's largest gas supplier, was acquired. 2004: Atmos Energy acquired the operations of TXU Gas in Texas, becoming ... 18 - 19...

  • Page 12
    ... joining Atmos Energy, Kim was senior vice president, general counsel and chief compliance officer for Piedmont Natural Gas Company, Inc. At Piedmont, he was responsible for all legal, governmental and community affairs, corporate communications and SarbanesOxley compliance. Earlier, Kim worked for...

  • Page 13
    ... ended September 30, 2006, by calling Shareholder Relations at 972-855-3729 between 8 a.m. and 5 p.m. Central time. Our Form 10-K also is available on Atmos Energy's Web site at www.atmosenergy.com. Additional investor information is presented on page 32 of this report. Gas utility sales revenues...

  • Page 14
    ... deposit in margin account Accounts receivable, less allowance for doubtful accounts of $13,686 in 2006 and $15,613 in 2005 Gas stored underground Other current assets Total current assets Goodwill and intangible assets Deferred charges and other assets Utility segment Natural gas marketing segment...

  • Page 15
    ...audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States), the consolidated balance sheets of Atmos Energy Corporation at September 30, 2006 and 2005, and the related consolidated statements of income, shareholders' equity, and cash ï¬,ows for each of...

  • Page 16
    ... Times interest earned before income taxes $ $ 8.9% 4,632 969 112 723 2.55 $ $ 9.0% 4,543 927 $ 110 730 2.59 $ 9.1% 2,864 994 $ 116 612 3.05 $ 9.9% 2,905 930 $ 115 594 2.75 $ 9.9% 2,338 939 101 616 2.55 *Heating degree days are adjusted for service areas with weather-normalized operations...

  • Page 17
    ... Nominating and Corporate Governance (Chairman), Human Resources, Work Session/ Annual Meeting Nancy K. Quinn Senior Vice President and General Counsel Wynn D. McGregor Corporate Secretary Fred E. Meisenheimer 30 Senior Vice President, Human Resources President, Kentucky and Mid-States Division...

  • Page 18
    ...Atmos Energy is available on the Internet at http://www.atmosenergy.com. Our Web site includes news releases, current and historical financial reports, other investor data, corporate governance documents, management biographies, customer information and facts about Atmos Energy's operations. AT MOS...

  • Page 19
    Atmos Energy Corporation P.O. Box 650205 Dallas, Texas 75265-0205 www.atmosenergy.com 972-934-9227