Atmos Energy 2014 Annual Report Download - page 29

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27
Condensed Financial and Statistical Summary 2010–2014
Year Ended September 30 2014 2013 2012 2011 2010
Balance Sheet Data at September 30 (000s)
Capital expenditures $ 835,251 $ 845,033 $ 732,858 $ 622,965 $ 542,636
Net property, plant and equipment 6,725,906 6,030,655 5,475,604 5,147,918 4,793,075
Working capital (134,810) (301,353) (447,992) 143,355 (290,887)
Total assets 8,594,704 7,934,268 7,495,675 7,282,871 6,763,791
Shareholders’ equity 3,086,232 2,580,409 2,359,243 2,255,421 2,178,348
Long-term debt, excluding current maturities 2,455,986 2,455,671 1,956,305 2,206,117 1,809,551
Total capitalization 5,542,218 5,036,080 4,315,548 4,461,538 3,987,899
Income Statement Data
Operating revenues (000s) $ 4,940,916 $ 3,875,460 $ 3,436,162 $ 4,286,435 $ 4,661,060
Gross prot (000s) 1,582,426 1,412,050 1,323,739 1,300,820 1,314,136
Income from continuing operations (000s) 289,817 230,698 192,196 189,588 189,851
Income from discontinued operations, net of tax (000s) — 12,496 24,521 18,013 15,988
Net income (000s) 289,817 243,194 216,717 207,601 205,839
Income per share from continuing operations—diluted 2.96 2.50 2.10 2.07 2.03
Income per share from discontinued operations—diluted — 0.14 0.27 0.20 0.17
Net income per diluted share 2.96 2.64 2.37 2.27 2.20
Common Stock Data
Shares outstanding (000s)
End of year 100,388 90,640 90,240 90,296 90,164
Weighted average—diluted 97,608 91,711 91,172 90,652 92,422
Cash dividends per share $ 1.48 $ 1.40 $ 1.38 $ 1.36 $ 1.34
Shareholders of record 15,807 16,662 17,775 18,680 19,738
Market price— High $ 53.40 $ 45.19 $ 36.94 $ 34.98 $ 30.06
Low $ 41.08 $ 33.20 $ 30.60 $ 28.87 $ 26.41
End of year $ 47.70 $ 42.59 $ 35.79 $ 32.45 $ 29.25
Book value per share at end of year $ 30.74 $ 28.47 $ 26.14 $ 24.98 $ 24.16
Price/Earnings ratio at end of year 16.11 16.13 15.10 14.30 13.30
Market/Book ratio at end of year 1.55 1.50 1.37 1.30 1.21
Annualized dividend yield at end of year 3.1% 3.3% 3.9% 4.2% 4.6%
Customers and Volumes (as metered)
Consolidated regulated distribution sales
volumes (MMcf) 317,320 272,773 255,725 289,927 322,628
Consolidated regulated distribution transportation
volumes (MMcf) 134,483 124,264 135,258 134,093 131,547
Consolidated regulated distribution throughput (MMcf) 451,803 397,037 390,983 424,020 454,175
Consolidated regulated pipeline transportation
volumes (MMcf) 493,360 467,178 466,527 435,012 428,599
Consolidated nonregulated delivered gas
sales volumes (MMcf) 377,441 343,669 351,628 384,799 353,853
Meters in service at end of year 3,115,069 3,011,980 3,116,589 3,213,191 3,186,040
Regulated distribution average cost of gas per Mcf sold $ 5.94 $ 4.91 $ 4.64 $ 5.30 $ 5.77
Regulated distribution average transportation fee per Mcf $ 0.47 $ 0.45 $ 0.43 $ 0.46 $ 0.46
Statistics
Return on average shareholders’ equity 9.9% 9.7% 9.3% 9.1% 9.1%
Number of employees 4,761 4,720 4,759 4,949 4,913
Net regulated distribution plant per meter $ 1,670 $ 1,567 $ 1,468 $ 1,362 $ 1,243
Regulated distribution operation and maintenance
expense per meter $ 124 $ 126 $ 118 $ 111 $ 114
Meters per employee—regulated distribution 679 662 680 676 676
Times interest earned before income taxes 4.63 4.01 3.27 3.13 3.09