Waste Management 2008 Annual Report Download - page 62
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Please find page 62 of the 2008 Waste Management annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.Our operating revenues generally come from fees charged for our collection, disposal, transfer, Wheelabrator
and recycling services. Revenues from our collection operations are influenced by factors such as collection
frequency, type of collection equipment furnished, type and volume or weight of the waste collected, distance to the
disposal facility and our disposal costs. Revenues from our landfill operations consist of tipping fees, which are
generally based on the weight, volume and type of waste being disposed of at our disposal facilities. Fees charged at
transfer stations are generally based on the volume of waste deposited, taking into account our cost of loading,
transporting and disposing of the solid waste at a disposal site. Our Wheelabrator revenues are based on the type and
volume of waste received at our waste-to-energy facilities and IPPs and fees charged for the sale of energy and
steam. Recycling revenue, which is generated by our WMRA Group as well as recycling operations embedded in
the operations of our four geographic operating Groups, generally consists of tipping fees and the sale of recyclable
commodities to third parties. The fees we charge for our collection, disposal, transfer and recycling services
generally include fuel surcharges, which are indexed to current market costs for fuel. Our “other” revenues include
our in-plant services, methane gas recovery, Port-O-Let»services, street and parking lot sweeping services, portable
self-storage, fluorescent lamp recycling and healthcare solutions services. Intercompany revenues between our
operations have been eliminated in the consolidated financial statements. The mix of operating revenues from our
different services is reflected in the table below (in millions):
2008 2007 2006
Years Ended December 31,
Collection ........................................... $ 8,679 $ 8,714 $ 8,837
Landfill ............................................. 2,955 3,047 3,197
Transfer ............................................ 1,589 1,654 1,802
Wheelabrator . . ....................................... 912 868 902
Recycling ........................................... 1,180 1,135 905
Other .............................................. 207 163 169
Intercompany . ....................................... (2,134) (2,271) (2,449)
Total ............................................. $13,388 $13,310 $13,363
The following table provides details associated with the period-to-period change in revenues (dollars in
millions) and includes internal revenue growth calculated as a percentage of revenues from related business and as a
percentage of total Company revenues:
Amount
As a% of
Related
Business(a)
As a% of
Total
Company(b) Amount
As a% of
Related
Business(a)
As a% of
Total
Company(b)
Period-to-Period Change
2008 vs. 2007
Period-to-Period Change
2007 vs. 2006
Average yield:
Solid waste . . . . . . . . . . . . . . . . . . . . . . . . $ 347 3.2% 2.6% $ 431 4.0% 3.3%
Waste-to-energy . . . . . . . . . . . . . . . . . . . . . 19 2.7 0.2 1 0.1 —
Basebusiness ........................ 366 3.2 2.8 432 3.7 3.3
Commodity . . . . . . . . . . . . . . . . . . . . . . . . . . 81 6.9 0.6 306 34.3 2.3
Electricity (IPPs) . . . . . . . . . . . . . . . . . . . . . . 8 10.8 0.1 2 2.7 —
Fuel surcharges and mandated fees. . . . . . . . . . 189 36.5 1.4 35 7.3 0.3
Total ................................ 644 4.9 4.9 775 5.9 5.9
Volume . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (557) (4.2) (588) (4.5)
Internal revenue growth . . . . . . . . . . . . . . . . . . . 87 0.7 187 1.4
Acquisition . . . . . . . . . . . . . . . . . . . . . . . . . . . . 117 0.9 37 0.3
Divestitures. . . . . . . . . . . . . . . . . . . . . . . . . . . . (130) (1.0) (320) (2.4)
Foreign currency translation . . . . . . . . . . . . . . . . 4 — 43 0.3
$ 78 0.6% $ (53) (0.4)%
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