Dominion Power 2009 Annual Report Download - page 4

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2 Dominion 2009
Year Ended December 31, 2009 2008 % Change
Financial Results (millions)
Operating revenue $15,131 $16,290 -7.1%
Operating expenses 12,502 12,664 -1.3%
Amounts attributable to Dominion:
Income from continuing operations, net of tax 1,287 1,836 -29.9%
Reported earnings 1,287 1,834 -29.8%
Operating earnings* 1,942 1,837 5.7%
Data per Common Share
Reported earnings $ 2.17 $ 3.16 -31.3%
Operating earnings* $ 3.27 $ 3.16 3.5%
Dividends paid $ 1.75 $ 1.58 10.8%
Market value (intraday high) $ 39.79 $ 48.50 -18.0%
Market value (intraday low) $ 27.15 $ 31.26 -13.1%
Market value (year-end) $ 38.92 $ 35.84 8.6%
Book value (year- end) $ 18.66 $ 17.28 8.0%
Market to book value (year- end) 2.09 2.07 1.0%
Financial Position (millions)
Total assets $42,554 $42,053 1.2%
Total debt 17,913 17,430 2.8%
Common shareholdersequity 11,185 10,077 11.0%
Equity market capitalization 23,328 20,901 11.6%
Cash Flows (millions)
Net cash provided by operating activities $ 3,786 $ 2,676
Net cash used in investing activities (3,695) (3,490)
Net cash provided by (used in) financing activities (112) 598
Other Statistics (shares in millions)
Return on average common equity–reported 11.8% 18.8%
Return on average common equity–operating* 17.8% 18.8%
Common shares outstandingaverage, diluted 593.7 580.8
Common shares outstandingyear- end 599.4 583.2
Number of full-time employees 17,900 18,000
* Based on Non-GAAP Financial Measures. See page 25 for GAAP Reconciliations.
Consolidated Financial Highlights