202604032024 Income Statement.pdf

Clearwater Power Company Rev:202303040820
01/14/2025 10:23:46 am General Ledger Page: 1
Financial And Operating Report Electric Distribution
INCOME STATEMENT FOR DEC 2024
----------------------------------Year-To-Date------------------------------- -------------Period-To-Date-----------------
Item Last Year This Year Budget Current Budget
1.Operating Revenue and Patronage Capital 23,884,645.40 23,866,431.19 23,094,860.00 2,516,203.70 2,523,942.00
2.Power Production Expense 0.00 0.00 0.00 0.00 0.00
3.Cost of Purchased Power 8,881,570.49 7,105,435.47 6,633,056.00 798,999.08 930,189.00
4.Transmission Expense 58,928.03 133,036.58 62,663.91 13,397.36 2,370.76
5.Regional Market Expense 0.00 0.00 0.00 0.00 0.00
6.Distribution Expense-Operation 2,072,302.35 2,191,181.40 2,125,657.12 198,170.61 164,871.20
7.Distribution Expense-Maintenance 2,981,598.94 3,385,717.25 3,801,429.99 261,370.07 290,690.27
8.Customer Accounts Expense 557,417.28 590,060.60 681,196.78 41,819.69 56,600.26
9.Customer Service and Informational Expense 374,665.49 397,055.82 452,424.57 39,587.81 37,862.82
10.Sales Expense 15,847.34 26,293.69 20,267.46 4,333.56 25.00
11.Administrative and General Expense 2,541,493.64 2,884,668.74 2,996,549.31 261,711.93 233,914.71
12.Total Operation&Maintenance Expense(2 thru 11) 17,483,823.56 16,713,449.55 16,773,245.14 1,619,390.11 1,716,524.02
13.Depreciation&Amortization Expense 2,778,368.00 2,943,145.50 2,825,997.22 250,196.13 237,854.89
14.Tax Expense-Property&Gross Receipts 493,715.36 534,326.25 536,400.00 47,575.00 46,800.00
15.Tax Expense-Other 7,146.84 11,900.76 7,330.00 903.50 880.00
16.Interest on Long-Term Debt 1,088,740.82 1,230,107.90 1,189,330.00 105,047.56 98,217.00
17.Interest Charged to Construction-Credit 0.00 0.00 0.00 0.00 0.00
18.Interest Expense-Other 12,928.76 0.00 0.00 0.00 0.00
19.Other Deductions 0.00 0.00 0.00 0.00 0.00
20.Total Cost of Electric Service(12 thru 19) 21,864,723.34 21,432,929.96 21,332,302.36 2,023,112.30 2,100,275.91
21.Patronage Capital&Operating Margins(1 minus 20) 2,019,922.06 2,433,501.23 1,762,557.64 493,091.40 423,666.09
22.Non Operating Margins-Interest 173,845.44 224,278.27 102,300.00 36,000.38 2,650.00
23.Allowance for Funds Used During Construction 0.00 0.00 0.00 0.00 0.00
24.Income(Loss)from Equity Investments 0.00 0.00 0.00 0.00 0.00
25.Non Operating Margins-Other 3,195.17 96,432.00 15,334.56 3,416.75 1,413.59
26.Generation and Transmission Capital Credits 57,699.00 55,803.00 53,000.00 55,803.00 53,000.00
27.Other Capital Credits and Patronage Dividends 84,705.86 77,720.48 82,430.00 5,409.81 2,690.00
28.Extraordinary Items 0.00 0.00 0.00 0.00 0.00
29.Patronage Capital or Margins(21 thru 28) 2,339,367.53 2,887,734.98 2,015,622.20 593,721.34 483,419.68
Operating-Margin 2,104,627.92 2,511,221.71 1,844,987.64 498,501.21 426,356.09
Non Operating-Margin 234,739.61 376,513.27 170,634.56 95,220.13 57,063.59
Times Interest Earned Ratio-Operating 2.86 2.98
Times Interest Earned Ratio-Net 3.15 3.35
Times Interest Earned Ratio-Modified 3.02 3.24
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