Dominion Power 2002 Annual Report Download - page 24

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22 Dominion ’02 Annual Report
Thos. E. Capps
Chairman, President and
Chief Executive Officer
We’ve demonstrated our capital stewardship by
improving cash flows, strengthening our
balance sheet and making efficient use of your
invested dollar.
nourished and promoted beginning in the board room with individual directors,
the chief executive and his or her senior management. At Dominion, this
sentiment is loud and clear.
We Value Your Trust You’ve entrusted your hard-earned money to us. We take
this responsibility seriously. Difficult times reveal character. In our case, we’ve
demonstrated our capital stewardship by improving cash flows, strengthening our
balance sheet, and making efficient use of your invested dollar.
As I do each year, I want to thank our employees for their loyalty
and hard work. I thank our board of directors, whose advice and counsel I value.
They never fail to ask tough questions.
We appreciate the confidence of our customers and also the hard
work of other friends of the company—the bondholders, vendors, bankers, con-
tractors, agencies and many others who help us keep the Dominion enterprise
charging onward.
Together, pulling in the same direction, knowing we produced record
earnings during a tough year, I remain bullish, and yours sincerely,