2022 *2021202020192018
Statement of Net Position ($000)
Cash & Short-Term Investments13,17712,60012,3409,54411,969
Total Assets265,560269,525283,791281,958284,821
Total Debt116,450120,183124,745136,169139,001
Total Liabilities225,011229,014226,670207,738197,497
Unrestricted Fund Balance2,4942,7263,1743,1781,231
Total Fund Equity15,95513,24717,17818,74115,040
Statement of Revenues, Expenses and Changes in Net Position ($000)
Tot Electric Sales Op Rev71,16367,40062,56667,01767,561
Total Operating Exp54,89258,64754,67150,32955,932
Net Operating Income7,5417,4917,9638,9527,703
Revenue Over Expenses1,4092,4142,8283,8442,614
Liquidity
Days Cash on Hand108.2120.0129.9137.1110.2
Current Ratio1.451.371.451.371.33
Payment Period143.0137.4141.8136.7144.8
Capital
Average Age Net Fixed Assets (yrs)15.115.314.114.014.0
Long-Term Debt / Capitalization %77.881.283.881.684.6
Total Debt / Capitalization %88.5496.5794.5491.6892.06
Leverage
Current Debt Service Cov1.171.261.201.251.20
Cashflow / Total Debt %7.847.557.998.937.94
Financial Condition
EBIDA Margin %22.1930.0732.5632.5830.07
Operating Margin %9.1510.8611.5812.4812.94
Profit Margin %2.383.453.514.213.43
Profile
Total Electric Sales (in MWh)2,587,6702,804,2162,709,0442,563,8852,634,000
Participant/Member Customers1010101010
Total Customers1010101010
Cost to KWh6.175.584.784.864.77
Revenues to KWh7.7047.0956.6536.7486.766
* Median values are based upon the number of audits received at any given point in time. Therefore, the median values for the most recent year(s) are subject to frequent updating and may not yet accurately characterize the median values of a complete sample size.