| Financial Highlights |
2004 |
2003 |
| |
($'000) |
($'000) |
|
|
|
Capital Investment |
42,881 |
17,404 |
Operating Revenue |
171,863 |
150,314 |
Fuel surcharge cost adjustment factor Costs |
60,114 |
45,669 |
Interest Expense |
5,686 |
7,344 |
Net Profit after Taxation |
28,124 |
19,616 |
Ordinary Dividend Declared |
19,455 |
13,361 |
|
|
|
Return on Rate Base |
12.91% |
10.52% |
Earning per Share ($) |
2.40 |
1.67 |
Ordinary Dividend per Share ($) |
1.66 |
1.14 |
Ordinary Dividends as % of net profits after tax |
69.% |
68.% |
Debt/Equity Ratio |
44/56 |
45/55 |
|
|
|
Operating Statistics |
|
|
|
|
|
Sales (MWh) |
266,402 |
252,120 |
Customers |
51,766 |
50,253 |
Peak Demand (MW) |
46.6 |
44.9 |
Installed Capacity (MW) |
56.8 |
55.6 |
| |
|
|