Atmos Energy 2000 Annual Report Download - page 33

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29
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ATMOS ENERGY CORPORATION
CONSOLIDATED FINANCIAL AND STATISTICAL SUMMARY (1995-1991)
(1)
Year Ended September 30,
1995 1994 1993 1992 1991
(Dollars in thousands, except per share data)
BALANCE SHEET DATA AT SEPTEMBER 30
Capital expenditures. . . . . . . . . . . . . . . . . . . . . . . . . . $ 103,904 $ 85,471 $ 74,110 $ 71,056 $ 69,247
Net property, plant and equipment . . . . . . . . . . . . . . 697,287 638,787 592,887 552,599 522,234
Working capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (41,980) (32,340) (31,830) (16,398) (39,349)
Total assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 900,948 829,385 786,739 723,632 701,185
Shareholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . 304,349 267,584 251,317 223,984 197,582
Long-term debt, excluding current maturities . . . . . . 294,463 282,647 257,696 269,887 243,891
Total capitalization. . . . . . . . . . . . . . . . . . . . . . . . . . . . 598,812 550,231 509,013 493,871 441,473
INCOME STATEMENT DATA
Operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . $ 749,555 $ 826,302 $ 794,893 $ 708,968 $ 672,265
Gross profit. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 300,158 297,020 289,394 264,098 243,211
Net income. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28,808 26,772 29,694 21,216 17,487
Net income per share – diluted. . . . . . . . . . . . . . . . . 1.06 1.05 1.21 .91 .81
COMMON STOCK DATA
Shares outstanding (in thousands)
End of year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28,246 25,911 25,183 24,100 22,277
Average . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27,208 25,604 24,535 23,324 21,582
Cash dividends per share . . . . . . . . . . . . . . . . . . . . . . $ .96 $ .91 $ .82 $ .79 $ .75
Shareholders of record . . . . . . . . . . . . . . . . . . . . . . . 31,782 27,005 24,649 12,989 11,064
Market price – High . . . . . . . . . . . . . . . . . . . . . . . . . . $ 20 5⁄8$ 21 1⁄8$ 20 5⁄8$ 15 1⁄4$ 14 1⁄8
Low . . . . . . . . . . . . . . . . . . . . . . . . . . $ 15 7⁄8$ 16 3⁄8$ 13 1⁄2$ 12 5⁄8$ 10 3⁄8
End of year . . . . . . . . . . . . . . . . . . . . $ 19 3⁄8$ 17 3⁄4$ 20 1⁄4$ 14 7⁄8$ 14
Book value per share at end of year . . . . . . . . . . . . . $ 10.77 $ 10.33 $ 9.98 $ 9.29 $ 8.87
Price/Earnings ratio at end of year. . . . . . . . . . . . . . . 18.28 16.90 16.74 16.35 17.28
Market/Book ratio at end of year . . . . . . . . . . . . . . . 1.80 1.72 2.03 1.60 1.58
Annualized dividend yield at end of year. . . . . . . . . . 5.0% 5.1% 4.1% 5.3% 5.4%
CUSTOMERS AND VOLUMES (AS METERED)
Gas sales volumes (MMcf) . . . . . . . . . . . . . . . . . . . . . 166,656 170,691 166,065 151,316 151,060
Gas transportation volumes (MMcf) . . . . . . . . . . . . 47,647 47,882 51,665 43,320 44,685
Total throughput (MMcf) . . . . . . . . . . . . . . . . . . . . . . 214,303 218,573 217,730 194,636 195,745
Meters in service at end of year . . . . . . . . . . . . . . . . 949,213 943,728 888,315 876,142 863,089
Total meters and propane customers . . . . . . . . . . . . 972,572 965,421 908,813 897,262 887,569
Heating degree days . . . . . . . . . . . . . . . . . . . . . . . . . 3,706 3,855 4,080 3,676 3,583
Degree days as a % of normal . . . . . . . . . . . . . . . . . 93% 97% 102% 92% 90%
Average gas sales price per Mcf sold . . . . . . . . . . . . . $ 4.07 $ 4.41 $ 4.32 $ 4.20 $ 4.03
Average purchased gas cost per Mcf sold . . . . . . . . . $ 2.70 $ 3.10 $ 3.04 $ 2.94 $ 2.84
Average transportation fee per Mcf . . . . . . . . . . . . . $ .42 $ .45 $ .42 $ .50 $ .52
STATISTICS
Return on average shareholders’ equity . . . . . . . . . . 10.1% 10.3% 12.5% 10.1% 9.4%
Number of employees . . . . . . . . . . . . . . . . . . . . . . . . 2,944 3,052 3,105 3,102 3,139
Net plant per meter . . . . . . . . . . . . . . . . . . . . . . . . . . $ 735 $ 677 $ 645 $ 611 $ 589
Operating, maintenance and administrative
expense per meter . . . . . . . . . . . . . . . . . . . . . . . . . $ 163 $ 169 $ 169 $ 163 $ 152
Customers per employee . . . . . . . . . . . . . . . . . . . . . 330 316 293 289 283
Times interest earned before income taxes . . . . . . . 2.44 2.45 2.47 2.07 1.82
(1) Amounts have been restated for poolings of interests with United Cities Gas Company in July 1997 and Greeley Gas Company
in December 1993, and share data have been adjusted for a 3-for-2 stock split in May 1994.