Page 10 - SWGas Annual Report 2015
P. 10
Consolidated Selected Financial Statistics
Year Ended December 31, 2015 2014 2013 2012 2011
(Thousands of dollars, except pershare amounts) $2,463,625 $2,121,707 $1,950,782 $1,927,778 $1,887,188
2,175,293 1,837,224 1,676,567 1,656,254 1,637,108
Operating revenues
Operating expenses $ 288,332 $ 284,483 $ 274,215 $ 271,524 $ 250,080
Operating income $ 138,317 $ 141,126 $ 145,320 $ 133,331 $ 112,287
Net income $5,358,685 $5,208,297 $4,565,174 $4,488,057 $4,276,007
Total assets at year end $1,592,325 $1,486,266 $1,412,395 $1,308,498 $1,225,031
Capitalization at year end 16,108 20,042 — — —
Total equity
Redeemable noncontrolling interest 1,551,204 1,631,374 1,381,327 1,268,373 930,858
Long-term debt, excluding current $3,159,637 $3,137,682 $2,793,722 $2,576,871 $2,155,889
maturities $ 19,475 $ 19,192 $ 11,105 $ 50,137 $ 322,618
Current maturities of long-term debt 50.4% 47.4% 50.6% 50.8% 56.8%
Common stock data
8.9% 9.7% 10.6% 10.4% 9.3%
Common equity percentage of
capitalization $ 2.94 $ 3.04 $ 3.14 $ 2.89 $ 2.45
Return on average common equity $ 2.92 $ 3.01 $ 3.11 $ 2.86 $ 2.43
Basic earnings per share
Diluted earnings per share $ 1.62 $ 1.46 $ 1.32 $ 1.18 $ 1.06
Dividends declared per share
Payout ratio 55% 48% 42% 41% 43%
Book value per share at year end
Market value per share at year end $ 33.65 $ 32.03 $ 30.51 $ 28.39 $ 26.68
Market value per share to per share
Common shares outstanding at year $ 55.16 $ 61.81 $ 55.91 $ 42.41 $ 42.49
end (000) 164% 193% 183% 149% 159%
Number of common shareholders at
47,378 46,523 46,356 46,148 45,956
year end
Ratio of earnings to fixed charges 14,153 14,749 15,359 16,028 16,834
3.43 3.58 3.90 3.61 3.21
Southwest Gas Corporation
