Atmos Energy 2002 Annual Report Download - page 6

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Year ended September 30 (Dollars in thousands, except per share data) 2002 2001 Change
Operating revenues $950,849 $ 1,442,275 -34.1%
Gross profit $392,602 $ 374,720 4.8%
Utility net income $42,994 $ 49,881 -13.8%
Natural gas marketing net income 12,614 2,551 394.5%
Other nonutility net income 4,048 3,658 10.7%
Total $59,656 $ 56,090 6.4%
Total assets $1,980,221 $ 2,036,180 -2.7%
Total capitalization $1,243,698 $ 1,276,263 -2.6%
Net income per share – diluted $1.45 $ 1.47 -1.4%
Cash dividends per share $1.18 $ 1.16 1.7%
Book value per share at end of year $13.75 $ 14.31 -3.9%
Total throughput (MMcf) 208,541 217,774 -4.2%
Heating degree days 3,368 4,124 -18.3%
Degree days as a percentage of normal 94% 115% -18.3%
Meters in service at end of year 1,389,341 1,386,323 .2%
Return on average shareholders’ equity 9.9% 10.4% -4.8%
Shareholders’ equity as a percentage
of total capitalization (including short-term
debt) at end of year 40.6% 39.0% 4.1%
Shareholders of record 28,829 30,524 -5.6%
Weighted average shares outstanding – diluted (000s) 41,250 38,247 7.9%
Table of Contents
3Letter to Shareholders
18 Operational Review
26 Financial Review
35 Atmos Energy Officers
36 Board of Directors
Inside Back Cover Corporate Information
FINANCIAL HIGHLIGHTS