System Statistics
BALANCE SHEET
Financial Report as of December 31, 2006
Assets
- We have cash in banks, invested, and on hand … $ 10,471,276
- We have owing to us from members and others … 4,239,781
- Our stock of materials and supplies cost us … 2,213,333
- Advance payments of insurance and deferred debits, etc. amounts to … 4,203,040
- Total cost of system … $ 91,968,514
- We estimate it has depreciated … (32,324,440)
- Net value of system … 59,644,074
- We have in associated organizations and special funds invested … 3,111,035
- We have owing to our members for capital credits allocated to us … 672,869
- Total assets … $ 84,555,408
Liabilities
- We owe REA and CFC … $ 20,488,432
- Meter deposits … 39,292
- We owe for materials and supplies, taxes, etc. … 4,151,522
- We owe for future liabilities … 2,882,076
- Construction advances … 4,741,707
Patrons’ and Members’ Equity
- Patronage capital … 51,62654,566
- Other margins and equities … 627,813
- Total margins and equities … 52,282,379
- Total liabilities … $ 84,555,408
RECEIPT AND EXPENSE REPORT
- Receipts … $ 46,625,281
- Expenses:
- Power costs … $ 28,171,107
- Operating and maintaining system … 8,796,961
- Taxes … 1,395
- Interest … 1,214,731
- Other expenses … 43,740
- Total expenses … (38,227,934)
- What was left over … 8,397,347
- We provided for depreciation … (2,70775,080)
- Leaving an operating margin of … 5,622,267
- Capital credits from others … 145,456
- Income/Loss from Equity Investments … 84,603
- Extraordinary Items … (3,459,097
- Non-operating margins - interest and other … 718,847
- Total margins … $ 2,942,870
COMPARATIVE OPERATING STATISTICS
| 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | |
|---|---|---|---|---|---|---|
| KWH Purchased… | 570,744,451 | 536,935,341 | 522,264,717 | 513,047,205 | 518,317,763 | |
| KWH Sold… | 542,676,560 | 511,510,725 | 494,938,567 | 486,905,048 | 496,759,367 | |
| Percent Line Loss… | 4.92% | 4.74% | 5.23% | 5.1% | 4.16% | |
| Average Number of Consumers… | 24,906 | 24,263 | 23,718 | 23,337 | 22,938 | |
| Miles of Line… | 2,744 | 2,754 | 2,711 | 2,692 | 2,677 | |
| Consumers Per Mile… | 9.08 | 8.81 | 8.75 | 8.67 | 8.57 | |
| Average Return per KWH Sold… | 8.5¢ | 8.6¢ | 7.99¢ | 7.78¢ | 7.61¢ | |
| Total Revenue… | $46,625,281 | $44,194,212 | $39,757,161 | $38,075,053 | $38,001,407 | |
| Total Tax Paid… | $1,021,822 | $1,021,538 | $947,933 | $869,677 | $862,551 | |
| Power Cost as % of Electric Sales… | 60.8% | 61.5% | 59.1% | 57.23% | 55.6% | |
| Principal Paid on Debt… | $1,522,534 | $1,516,972 | $1,476,887 | $1,388,288 | $1,240,493 | |
| Total Utility Plant… | $89,705,125 | $88,386,255 | $86,390,537 | $84,047,421 | $81,821,881 | |
| Total Margins | $2,942,870 | $5,784,437 | $6,086,428 | $4,959,763 | $5,505,587 | |
| Member Equity | 63.5% | 62.1% | 61.2% | 58.3% | 55.4% |
HIGHLIGHTS OF OPERATIONS
New Construction and System Improvements
- Miles of Line Built … 20
- New Security Lights … 11
- New Services Installed … 365
- Services Uprated … 19
Operations and Maintenance
- Average Outage Minutes Per Month Per Consumer … 15
- Consumers Per Employee … 423
- Meter Orders Processed (Connects, Disconnects and Changes) … 12,677
- Meters Read Each Month … 24,649
- Meters Tested … 3,021
- Miles of Distribution Line Patrolled … 782
- Miles of Transmission Line Patrolled … 442
- Number Customer Work Orders Written … 627
- Number Poles Inspected … 2,465
- UG Cable Locations … 4,706
- UG Dig-Ins Repaired … 32
