Page 11 - SWGas Annual Report 2015
P. 11
Natural Gas Operations 2015 2014 2013 2012 2011
Year Ended December 31, $1,454,639 $1,382,087 $1,300,154 $1,321,728 $1,403,366
563,809 505,356 436,001 479,602 613,489
(Thousands of dollars)
890,830 876,731 864,153 842,126 789,877
Operating revenue
Net cost of gas sold 393,199 383,732 384,914 369,979 358,498
213,455 204,144 193,848 186,035 175,253
Operating margin
Expenses 49,393 47,252 45,551 41,728 40,949
Operations and maintenance $ 234,783 $ 241,603 $ 239,840 $ 244,384 $ 215,177
Depreciation and amortization
Taxes other than income taxes $ 111,625 $ 116,872 $ 124,169 $ 116,619 $ 91,420
Operating income $4,822,845 $4,652,307 $4,272,029 $4,204,948 $4,048,613
Contribution to consolidated net income $3,891,085 $3,658,383 $3,486,108 $3,343,794 $3,218,944
Total assets at year end $ 438,289 $ 350,025 $ 314,578 $ 308,951 $ 305,542
Net gas plant at year end $ 497,500 $ 288,534 $ 265,290 $ 344,441 $ 216,745
Construction expenditures and property (416,727) (328,645) (304,189) (296,886) (289,234)
additions
(74,159) 23,413 44,947 (43,453) (2,327)
Cash flow, net
From operating activities $ 6,614 $ (16,698) $ 6,048 $ 4,102 $ (74,816)
From (used in) investing activities
From (used in) financing activities 655,421 617,377 741,327 655,046 718,765
285,118 276,582 298,045 270,665 303,923
Net change in cash 102,761 116,582 112,256
92,284 94,391
Total throughput (thousands of therms) 30,973 32,374 50,210 47,830 50,208
Residential 1,035,707 906,691 1,037,916 998,095 941,544
Small commercial
Large commercial 2,099,503 1,927,415 2,230,259 2,088,218 2,126,696
Industrial/Other
Transportation $ 0.44 $ 0.55 $ 0.42 $ 0.42 $ 0.58
1,956,000 1,930,000 1,904,000 1,876,000 1,859,000
Total throughput 2,219 2,196 2,220 2,245 2,298
881 879 858 836 809
Weighted average cost of gas purchased 1,512 1,416 1,918 1,740 2,002
($/therm) 1,792 1,816 1,876 1,866 1,888
Customers at year end
Employees at year end
Customer to employee ratio
Degree days – actual
Degree days – ten-year average
Southwest Gas Corporation
