Middlesex Water Company (MSEX) 2009年年度报告「NASDAQ」.pdf

1、2009 Annual ReportPowered by Professionals050607080905060708090506070809Middlesex Water Company was incorporated as a water utility company in 1897 and owns and operates regulated water utility and wastewater systems in New Jersey,Delaware and Pennsylvania.The Company also operates water andwastewat

2、er systems under contract on behalf of municipal and private clients in New Jersey and Delaware.The Company s common stock trades on the NASDAQ Global Select Market under the symbol MSEX.Earnings and Dividends($Per Share)EarningsDividends.69.87.70.89.68.82.67.71.71.72.50.60.70.80.90Operating Revenue

3、s(Millions of Dollars)74.681.186.191.091.2Net Income(Millions of Dollars)8.510.011.812.210.0305070903.06.09.012.0Financial HighlightsCompany Profile(Millions of Dollars,Except per Share Data)200920082007Operating Revenues$91.2$91.0$86.1Operation and Maintenance Expenses52.348.946.2Depreciation8.57.9

4、7.5Income and Other Taxes15.416.215.4Interest Charges6.77.16.6Net Income10.012.211.8Earnings Applicable to Common Stock9.812.011.6Basic Earnings per Share0.730.900.88Diluted Earnings per Share0.720.890.87Cash Dividends Paid per Share0.710.700.69Utility Plant453.6430.1398.6Return on Average Common Eq

5、uity7.1%8.6%8.9%PADENJOur Services Water Production,Treatment and DistributionWastewater Collection and Treatment Ownership and Operation of Utilities Plant Operations and Maintenance Public/Private Partnerships Water and Sewer Line Maintenance Utility Billing and Collections Community Irrigation Wa

6、ter and Wastewater Contract OperationsCover:Nearly a half million people rely on the dedication and technical expertise of our employees who deliver a full range of critical utility services.1 Shareholder s Letter10 Financial Datainside back cover Shareholder InformationWMiddlesex Water Company1We l