Middlesex Water Company (MSEX) 2017年年度报告「NASDAQ」.pdf

1、Operating Revenues(Millions of Dollars)03060901201716151413117.1114.8126.0132.9130.8Net Income(Millions of Dollars)051015171615141318.416.622.722.820.0 201720162015Operating Revenues$130.8$132.9$126.0 Operations and Maintenance Expenses 64.7 65.5 65.2 Depreciation 13.9 12.8 12.1Income and Other Taxe

2、s 24.7 25.7 23.5Interest Charges 5.5 5.3 5.6Net Income 22.8 22.7 20.0Earnings Applicable to Common Stock 22.7 22.6 19.9Basic Earnings Per Share 1.39 1.39 1.23Diluted Earnings Per Share 1.38 1.38 1.22Cash Dividends Paid Per Share 0.858 0.808 0.776Utility Plant 703.5 653.5 608.2Return on Average Commo

3、n Equity 10.2%10.6%9.9%Financial Highlights (Millions of Dollars,Except per Share data)0.00.30.60.917161514131.031.13 1.22 1.381.38.75.76.78.81.86Earnings per shareDividendsEarnings&Dividends(Dollars per Share)CORPORATE PROFILEMiddlesex Water Company was incorporated as a water utility in 1897 and o

4、wns and operates regulated water and wastewater utility systems in New Jersey,Delaware and Pennsylvania.The Company also operates water and wastewater utility systems under contract on behalf of municipal and private clients in New Jersey and Delaware.The Companys common stock trades on the Nasdaq G

5、lobal Select Market under the stock symbol MSEX.1897 MWC founded1950 Constructs new pipelines to meet post-war population boom1985 Begins serving municipalities under long-term contracts1992 Acquires Tidewater Utilities 1994 Acquires the Pinelands Water&Wastewater Companies1998 Enters into one of NJ

6、s largest public-private partnerships1999 Acquires first operating contract in DE2005 Enters regulated wastewater business in DE2011 Partners with HomeServe to offer emergency home repair plans 2014 Awarded first military base water system privatization at Dover Air Force Base2017 Announces Water fo