The Empire District Electric Company Financials

Revenue/Financials

Income Statement

Annual

USDY, 2013Y, 2014Y, 2015

Revenue

594.3 m652.3 m605.6 m

Revenue growth, %

10%(7%)

EBIT

96.3 m

EBIT margin, %

16%

Interest income

145 k

Income tax expense

34.8 m

Net Income

63.4 m67.1 m56.6 m

Quarterly

USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Revenue

134.6 m169.7 m151.3 m139.3 m175.4 m

EBIT

16 m35.8 m23.2 m19.4 m39 m

EBIT margin, %

12%21%15%14%22%

Interest income

129 k2 k9 k44 k26 k

Income tax expense

4.1 m15.9 m8.7 m5.8 m17.1 m

Net Income

6.8 m25.3 m14 m9.2 m27.5 m

Balance Sheet

Annual

USDFY, 2013FY, 2014FY, 2015

Cash

3.5 m2.1 m1.8 m

Current Assets

171.3 m219.8 m173.7 m

Goodwill

39.5 m39.5 m39.5 m

Total Assets

2.1 b2.4 b2.5 b

Current Liabilities

105.8 m166.1 m155.5 m

Non-Current Liabilities

659.2 m

Total Liabilities

814.6 m

Additional Paid-in Capital

639.5 m649.5 m657.5 m

Retained Earnings

67.6 m90.3 m101.4 m

Quarterly

USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Cash

16.4 m4.1 m2.9 m2.3 m2.7 m2 m1.9 m1.7 m1.6 m7.9 m

Current Assets

181 m164.4 m178.8 m186.5 m204.9 m196.2 m200.8 m161.9 m167.3 m177.8 m

Goodwill

39.5 m39.5 m39.5 m39.5 m39.5 m39.5 m39.5 m39.5 m39.5 m39.5 m

Total Assets

2.2 b2.2 b2.2 b2.3 b2.4 b2.4 b2.5 b2.5 b2.5 b2.5 b

Accounts Payable

55.3 m52.6 m50.5 m59.4 m55.3 m52.7 m54.3 m43.5 m45.6 m44.5 m

Current Liabilities

107.9 m111.8 m152.8 m185.7 m160.2 m196.4 m131.3 m141.7 m151.4 m139.6 m

Non-Current Liabilities

648.7 m666.1 m671.4 m679.3 m680.9 m

Additional Paid-in Capital

637 m642.8 m645.2 m647.6 m652.3 m653.9 m655.8 m660.4 m662.5 m664.5 m

Retained Earnings

63.4 m77.5 m77.6 m90.5 m93.6 m89 m102.9 m104 m101.8 m117.9 m

Cash Flow

Annual

USDFY, 2013FY, 2014FY, 2015

Net Income

63.4 m67.1 m56.6 m

Depreciation and Amortization

80.6 m

Cash From Operating Activities

157.5 m151.2 m184.8 m

Cash From Investing Activities

(185.4 m)

Cash From Financing Activities

(4.1 m)265 k

Interest Paid

39 m40.1 m42.9 m

Quarterly

USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Net Income

48.3 m20.9 m32.1 m56 m14.6 m21.4 m46.7 m14 m23.2 m50.7 m

Cash From Operating Activities

117.6 m54.6 m69 m122.4 m54.8 m74.1 m145.7 m51.4 m82.4 m155.6 m

Cash From Investing Activities

(105.8 m)(45.8 m)(100.4 m)(155.8 m)(107.2 m)(147.7 m)(35.8 m)(68.5 m)(95 m)

Cash From Financing Activities

(8.1 m)30.8 m32.2 m(722 k)33 m1.8 m(15.7 m)(14 m)(54.4 m)