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ATMOS ENERGY 2009 SUMMARY ANNUAL REPORT | 21
Year Ended September 30
Dollars in thousands, except per share data 2009 2008 Change
Operating revenues $ 4,969,080 $ 7,221,305 (31.2)%
Gross profit $ 1,346,702 $ 1,321,326 1.9%
Natural gas distribution net income $ 116,807 $ 92,648 26.1%
Regulated transmission and storage net income 41,056 41,425 (0.9)%
Natural gas marketing net income 20,194 29,989 (32.7)%
Pipeline, storage and other net income 12,921 16,269 (20.6)%
Total $ 190,978 $ 180,331 5.9%
Total assets $ 6,343,766 $ 6,386,699 (0.7)%
Total capitalization* $ 4,346,161 $ 4,172,284 4.2%
Net income per share diluted $ 2.08 $ 2.00 4.0%
Cash dividends per share $ 1.32 $ 1.30 1.5%
Book value per share at end of year $ 23.52 $ 22.60 4.1%
Consolidated natural gas distribution throughput (MMcf) 408,885 429,354 (4.8)%
Consolidated regulated transmission and storage transportation volumes (MMcf) 528,689 595,542 (11.2)%
Consolidated natural gas marketing throughput (MMcf) 370,569 389,392 (4.8)%
Heating degree days 2,713 2,820 (3.8)%
Degree days as a percentage of normal 100% 100%
Meters in service at end of year 3,178,844 3,191,779 (0.4)%
Return on average shareholders’ equity 8.9% 8.8% 1.1%
Shareholders’ equity as a percentage of total capitalization
(including short-term debt) at end of year 49.3% 45.4% 8.6%
Shareholders of record 20,790 21,756 (4.4)%
Weighted average shares outstanding diluted (000s) 92,024 90,272 1.9%
* Total capitalization represents the sum of shareholders’ equity and long-term debt, excluding current maturities.
Heating degree days are adjusted for service areas with weather-normalized operations.
Summary Annual Report
The financial information presented in this report about Atmos Energy Corporation is
condensed. Our complete financial statements, including notes as well as manage-
ment’s discussion and analysis of financial condition and results of operations, are
presented in our
Annual Report on Form
10-K
. Atmos Energy’s chief executive officer
and its chief financial officer have executed all certifications with respect to the
financial statements contained therein and have completed management’s report on
internal control over financial reporting, which are required under the Sarbanes-
Oxley Act of 2002 and all related rules and regulations of the Securities and
Exchange Commission. Investors may request, without charge, our
Annual Report
on Form
10-K
for the fiscal year ended September 30, 2009, by calling Investor Rela-
tions at 972-855-3729 between 8 a.m. and 5 p.m. Central time. Our
Annual Report on
Form
10-K
also is available on Atmos Energy’s Web site at www.atmosenergy.com.
Additional investor information is presented on pages 31 and 32 of this report.
Financial Highlights