OG&E 2011 Annual Report Download - page 94

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92 OGE Energy Corp.
HISTORICAL PERFORMANCE
(In millions except per share data) 2011 2010 2009 2008 2007
Selected Financial Data
Operating revenues $3,915.9 $3,716.9 $2,869.7 $«4,070.7 $«3,797.6
Cost of goods sold 2,277.9 2,187.4 1,557.7 2,818.0 2,634.7
Gross margin on revenues 1,638.0 1,529.5 1,312.0 1,252.7 1,162.9
Other operating expenses 991.3 935.6 820.1 790.6 707.6
Operating income 646.7 593.9 491.9 462.1 455.3
Interest income 0.5 –1.46.72.1
Allowance for equity funds used during construction 20.4 11.4 15.1 – –
Other income 19.3 13.7 27.5 15.4 17.4
Other expense 21.7 17.9 16.3 25.6 22.7
Interest expense 140.9 139.7 137.4 120.0 90.2
Income tax expense 160.7 161.0 121.1 101.2 116.7
Net income 363.6 300.4 261.1 237.4 245.2
Less: net income attributable to noncontrolling interest 20.7 5.1 2.8 6.0 1.0
Net income attributable to OGE Energy $÷«342.9 $÷«295.3 $÷«258.3 $÷÷231.4 $÷÷244.2
Diluted earnings per average common share $÷÷«3.45 $÷÷«2.99 $÷÷«2.66 $÷«÷«2.49 $«÷÷«2.64
Long-term debt $2,737.1 $2,362.9 $2,088.9 $«2,161.8 $«1,344.6
Total assets $8,906.0 $7,669.1 $7,266.7 $«6,518.5 $«5,237.8
Common Stock Statistics
Dividends paid per share $÷÷«1.50 $÷÷«1.45 $÷÷«1.42 $÷«÷«1.39 $÷«÷«1.36
Dividends declared per share $«1.5175 $«1.4625 ÷$«1.4275 $÷1.3975 $÷1.3675
Book value $÷«28.76 $÷«24.95 $÷«21.06 $÷««20.28 $«÷«18.31
Market price – year end $÷«56.71 $÷«45.54 $÷«36.89 $÷««25.78 $«÷«36.29
Price/earnings ratio – year end 16.4 15.3 13.9 10.3 13.6
Basic average shares outstanding (millions) 97.9 97.3 96.2 92.4 91.7
Diluted average shares outstanding (millions) 99.2 98.9 97.2 92.8 92.5
Actual shares outstanding (millions) 98.1 97.6 97.0 93.5 91.8
Number of shareholders 19,948 20,942 21,971 22,705 23,983
Capitalization Ratios(A)
Common equity 50.7% 50.4% 46.4% 47.0% 55.7%
Long-term debt 49.3% 49.6% 53.6% 53.0% 44.3%
Miscellaneous Statistics
Electric customers 789,146 782,558 776,550 770,088 762,234
Megawatt-hour sales (millions) 29.5 28.1 26.9 28.2 27.1
Megawatt generating capability – year end (thousands) 6.8 6.5 6.6 6.8 6.2
Megawatt peak demand (thousands) 7.1 6.6 6.4 6.5 6.3
Fuel mix (generation only, by kilowatt-hours generated)
Natural gas 39% 42% 38% 30% 36%
Coal 58% 55% 60% 68% 62%
Wind 3% 3% 2% 2% 2%
Cost (in kilowatt-hours – cents)
Natural gas $÷«4.328 $÷«4.638 $÷«3.696 $÷««8.455 $÷««6.872
Coal $÷«2.064 $÷«1.911 $÷«1.747 $÷««1.153 $÷««1.143
Weighted average $÷«2.897 $÷«3.012 $÷«2.474 $«÷«3.337 $÷««3.173
Total gas throughput volumes (TBtu/d)(B) 1.94 1.72 1.79 1.57 1.52
Total natural gas processed (TBtu/d) 0.79 0.82 0.70 0.66 0.57
Total natural gas liquids sold (million gallons) 685 688 493 426 385
Average sales price per gallon $÷÷«1.16 $÷÷«0.96 $÷«÷0.77 $«÷÷«1.26 $÷«÷«1.05
Average natural gas sales price per MMBtu(C) $÷÷«4.08 $÷÷«4.24 $÷«÷3.37 $«÷«÷7.23 $÷««÷6.15
(A) Capitalization ratios = [Stockholders’ equity/(Stockholders’ equity + Long-term debt + Long-term debt due within one year)] and [(Long-term debt + Long-term debt due within one year)/(Stockholders’
equity + Long-term debt + Long-term debt due within one year)].
(B) Trillion British thermal units per day.
(C) Million British thermal unit.