EX-99.1 10 a2172483zex-99_1.htm EXHIBIT 99.1
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EXHIBIT 99.1


OGLETHORPE POWER CORPORATION
MEMBER FINANCIAL AND STATISTICAL INFORMATION

Table 1
SELECTED STATISTICS OF EACH MEMBER
(as of December 31)

 
  Altamaha
  Amicalola
  Canoochee
  Carroll
  Central
Georgia

  Coastal
  Cobb
  Colquitt
  Coweta-
Fayette

  Diverse
Power

 
2005                                          
Avg. Monthly Residential Rev.($)   105.99   106.21   113.27   104.67   110.78   127.77   105.95   105.12   111.72   116.88  
Avg. Monthly Residential kWh   1,178.0   1,152.0   1,375.9   1,142.6   1,296.1   1,349.3   1,177.8   1,254.9   1,241.8   1,412.1  
Avg. Residential Rev.(cents per kWh)   9.00   9.22   8.23   9.16   8.55   9.47   9.00   8.38   9.00   8.28  
Times Interest Earned Ratio(1)   2.72   3.07   1.99   2.00   1.55   1.48   2.25   1.96   0.43   1.59  
Equity/Assets   63.3 % 39.5 % 45.3 % 35.3 % 36.9 % 33.2 % 33.8 % 41.8 % 24.0 % 53.8 %
Equity/Total Capitalization   71.1 % 47.8 % 56.1 % 41.7 % 41.4 % 36.4 % 42.4 % 51.1 % 29.8 % 60.0 %
2004                                          
Avg. Monthly Residential Rev.($)   95.96   97.19   100.78   94.25   100.36   110.51   99.65   100.59   105.71   105.34  
Avg. Monthly Residential kWh   1,172   1,126   1,279   1,101   1,273   1,345   1,168   1,270   1,230   1,388  
Avg. Residential Rev.(cents per kWh)   8.19   8.63   7.88   8.56   7.88   8.22   8.53   7.92   8.59   7.59  
Times Interest Earned Ratio(1)   2.49   2.95   2.00   2.46   2.81   1.33   2.92   2.20   1.77   2.65  
Equity/Assets   60.8 % 38.3 % 47.4 % 37.8 % 40.1 % 31.7 % 36.0 % 44.7 % 27.1 % 56.0 %
Equity/Total Capitalization   65.7 % 45.1 % 55.5 % 44.9 % 43.6 % 34.7 % 46.8 % 55.4 % 35.1 % 61.1 %
2003                                          
Avg. Monthly Residential Rev.($)   91.99   92.94   94.78   90.35   96.96   105.36   97.54   97.33   101.72   100.85  
Avg. Monthly Residential kWh   1,125   1,081   1,193   1,050   1,221   1,301   1,122   1,234   1,185   1,313  
Avg. Residential Rev.(cents per kWh)   8.18   8.60   7.95   8.60   7.94   8.10   8.69   7.89   8.58   7.68  
Times Interest Earned Ratio(1)   3.43   4.18   1.58   2.91   2.78   1.72   2.69   1.73   1.87   2.32  
Equity/Assets   59.2 % 39.7 % 49.6 % 36.0 % 39.5 % 35.4 % 34.7 % 45.3 % 28.8 % 56.7 %
Equity/Total Capitalization   64.3 % 45.6 % 58.2 % 41.9 % 44.0 % 39.0 % 44.2 % 54.0 % 35.9 % 62.1 %

 

 

Little
Ocmulgee


 

Middle
Georgia


 

Mitchell


 

Ocmulgee


 

Oconee


 

Okefe-
noke


 

Pataula


 

Planters


 

Rayle


 

Satilla


 
2005                                          
Avg. Monthly Residential Rev.($)   100.32   133.56   118.65   102.17   112.52   120.02   70.04   111.90   106.94   107.56  
Avg. Monthly Residential kWh   1,069.0   1,354.6   1,331.2   1,060.9   1,142.5   1,322.6   847.0   1,298.5   1,061.9   1,281.5  
Avg. Residential Rev.(cents per kWh)   9.38   9.86   8.91   9.63   9.85   9.08   8.27   8.62   10.07   8.39  
Times Interest Earned Ratio(1)   1.26   1.26   2.44   1.32   1.39   0.72   10.99   2.70   (0.07 ) 1.73  
Equity/Assets   33.7 % 40.9 % 56.5 % 39.8 % 33.4 % 33.3 % 19.0 % 47.6 % 29.0 % 36.5 %
Equity/Total Capitalization   39.1 % 44.2 % 68.4 % 44.3 % 38.3 % 37.7 % 75.9 % 53.0 % 32.5 % 54.1 %
2004                                          
Avg. Monthly Residential Rev.($)   94.05   105.99   106.77   94.40   101.80   108.77   69.30   98.41   95.07   107.63  
Avg. Monthly Residential kWh   1,066   1,333   1,336   1,058   1,152   1,319   836   1,324   1,051   1,291  
Avg. Residential Rev.(cents per kWh)   8.82   7.95   7.99   8.93   8.84   8.25   8.29   7.43   9.04   8.33  
Times Interest Earned Ratio(1)   1.31   1.07   2.94   2.01   1.55   1.30   1.93   2.15   1.40   2.22  
Equity/Assets   35.4 % 42.3 % 60.9 % 42.4 % 34.9 % 37.0 % 52.5 % 47.4 % 34.6 % 40.3 %
Equity/Total Capitalization   41.1 % 49.2 % 69.8 % 47.0 % 40.2 % 43.0 % 55.8 % 54.0 % 38.4 % 53.6 %
2003                                          
Avg. Monthly Residential Rev.($)   88.91   104.03   102.58   89.25   93.50   106.14   66.02   91.40   86.32   101.00  
Avg. Monthly Residential kWh   1,029   1,329   1,291   1,010   1,100   1,295   791   1,229   1,002   1,243  
Avg. Residential Rev.(cents per kWh)   8.64   7.82   7.95   8.84   8.50   8.20   8.34   7.43   8.62   8.13  
Times Interest Earned Ratio(1)   1.63   1.02   2.64   1.42   1.16   1.35   1.34   1.43   1.09   2.35  
Equity/Assets   37.4 % 43.5 % 63.7 % 42.1 % 35.4 % 37.5 % 53.4 % 49.1 % 35.1 % 42.9 %
Equity/Total Capitalization   43.0 % 49.8 % 74.9 % 46.4 % 42.2 % 42.5 % 57.0 % 57.0 % 38.3 % 59.9 %

(1)
TIER was calculated from information contained on each Member's RUS Form 7 and was not independently verified by each Member.

(2)
Lamar EMC, d/b/a Southern Rivers Energy

(3)
Weighted Average.

Table 1 (continued)

 
  Excelsior
  Grady
  GreyStone
  Habersham
  Hart
  Irwin
  Jackson
  Jefferson
  Lamar(2)
 

 
2005                                          
Avg. Monthly Residential Rev.($)   101.54   122.13   98.63   92.09   98.55   121.22   108.32   110.89   111.89      
Avg. Monthly Residential kWh   1,360.2   1,180.7   1,178.9   1,057.7   1,115.6   1,173.3   1,254.7   1,201.6   1,258.8      
Avg. Residential Rev.(cents per kWh)   7.47   10.34   8.4   8.71   8.83   10.33   8.63   9.2   8.9      
Times Interest Earned Ratio(1)   2.20   1.99   2.58   1.26   1.63   1.58   2.12   2.12   1.92      
Equity/Assets   52.3 % 47.5 % 37.8 % 33.1 % 40.4 % 33.3 % 32.8 % 39.9 % 38.9 %    
Equity/Total Capitalization   60.8 % 56.2 % 42.0 % 38.1 % 46.3 % 36.3 % 42.2 % 46.1 % 45.2 %    
2004                                          
Avg. Monthly Residential Rev.($)   91.87   113.21   90.57   85.21   89.29   112.36   95.15   107.48   103.12      
Avg. Monthly Residential kWh   1,355   1,189   1,158   1,019   1,092   1,182   1,225   1,207   1,261      
Avg. Residential Rev.(cents per kWh)   6.78   9.52   7.82   8.36   8.18   9.50   7.77   8.91   8.18      
Times Interest Earned Ratio(1)   5.45   2.46   3.06   1.55   2.12   1.47   1.86   2.08   2.35      
Equity/Assets   48.8 % 48.8 % 38.1 % 32.8 % 41.7 % 33.0 % 31.4 % 38.8 % 46.4 %    
Equity/Total Capitalization   57.2 % 55.1 % 42.2 % 40.7 % 47.4 % 37.4 % 40.5 % 44.9 % 54.1 %    
2003                                          
Avg. Monthly Residential Rev.($)   86.19   112.53   87.36   81.07   85.65   106.56   92.21   100.02   98.24      
Avg. Monthly Residential kWh   1,269   1,178   1,130   990   1,041   1,125   1,171   1,135   1,194      
Avg. Residential Rev.(cents per kWh)   6.79   9.55   7.73   8.19   8.23   9.47   7.88   8.82   8.23      
Times Interest Earned Ratio(1)   1.66   1.74   2.11   2.00   2.11   1.56   1.93   2.38   2.62      
Equity/Assets   43.6 % 48.9 % 37.7 % 37.0 % 43.2 % 33.3 % 31.9 % 38.1 % 47.1 %    
Equity/Total Capitalization   51.1 % 59.2 % 41.8 % 45.8 % 49.6 % 35.9 % 40.7 % 43.0 % 54.8 %    

 

 

Sawnee


 

Slash
Pine


 

Snapping
Shoals


 

Sumter


 

Three
Notch


 

Tri-
County


 

Upson
County


 

Walton


 

Washington


 

MEMBER
TOTAL


 
2005                                          
Avg. Monthly Residential Rev.($)   119.09   118.69   105.49   128.89   100.31   107.87   91.26   104.65   104.49   108.19  
Avg. Monthly Residential kWh   1,281.2   1,267.5   1,325.8   1,451.7   959.2   1,224.5   1,092.5   1,290.1   1,124.3   1,233  
Avg. Residential Rev.(cents per kWh)   9.30   9.36   7.96   8.9   10.46   8.81   8.35   8.11   9.29   8.77  
Times Interest Earned Ratio(1)   1.83   -2.83   2.46   2.21   0.71   1.25   2.97   1.52   1.62   1.85  
Equity/Assets   33.5 % 32.9 % 38.4 % 43.4 % 37.9 % 31.4 % 51.5 % 36.0 % 47.9 % 37.0 %
Equity/Total Capitalization   39.3 % 39.5 % 47.5 % 47.6 % 42.7 % 36.2 % 59.1 % 41.6 % 51.7 % 44.3 %
2004                                          
Avg. Monthly Residential Rev.($)   110.08   103.97   99.03   121.22   94.12   97.46   89.20   101.28   95.77   99.97  
Avg. Monthly Residential kWh   1,249   1,283   1,314   1,462   957   1,211   1,101   1,299   1,113   1,220  
Avg. Residential Rev.(cents per kWh)   8.81   8.11   7.54   8.29   9.83   8.05   8.10   7.80   8.61   8.20  
Times Interest Earned Ratio(1)   1.54   2.04   2.50   1.52   1.49   1.48   3.64   3.06   2.65   2.25 (3)
Equity/Assets   31.3 % 38.3 % 41.5 % 43.4 % 40.8 % 33.5 % 56.6 % 35.9 % 50.8 % 38.0 %(3)
Equity/Total Capitalization   37.2 % 43.1 % 51.5 % 49.2 % 47.0 % 38.6 % 64.3 % 41.7 % 55.7 % 45.5 %(3)
2003                                          
Avg. Monthly Residential Rev.($)   107.55   99.16   98.49   116.13   88.97   92.42   87.63   97.90   90.91   96.39  
Avg. Monthly Residential kWh   1,195   1,252   1,252   1,413   937   1,142   1,076   1,254   1,051   1,170  
Avg. Residential Rev.(cents per kWh)   9.00   7.92   7.87   8.22   9.49   8.09   8.14   7.81   8.65   8.24  
Times Interest Earned Ratio(1)   1.98   2.03   2.62   2.43   0.52   1.70   4.17   2.90   2.24   2.21 (3)
Equity/Assets   30.2 % 40.3 % 39.0 % 46.6 % 39.9 % 35.1 % 55.3 % 34.8 % 49.9 % 38.0 %(3)
Equity/Total Capitalization   35.5 % 46.0 % 47.8 % 51.1 % 48.5 % 39.5 % 62.0 % 39.8 % 54.6 % 45.2 %(3)

(1)
TIER was calculated from information contained on each Member's RUS Form 7 and was not independently verified by each Member.

(2)
Lamar EMC, d/b/a Southern Rivers Energy

(3)
Weighted Average.

OGLETHORPE POWER CORPORATION
MEMBER FINANCIAL AND STATISTICAL INFORMATION

Table 2

AVERAGE NUMBER OF CONSUMERS SERVED BY EACH MEMBER

 
  Altamaha
  Amicalola
  Canoochee
  Carroll
  Central
Georgia

  Coastal
  Cobb
  Colquitt
  Coweta-
Fayette

  Diverse
Power

2005                                        
Residential Service   17,347   37,197   16,223   44,865   40,400   12,776   167,276   52,083   64,517   23,488
Commercial & Industrial   1,660   4,219   269   2,326   4,149   1,531   13,374   2,911   4,214   3,122
Other   105   25   248   378   94   120   6,023   1,707   492   164
   
 
 
 
 
 
 
 
 
 
  Total Consumers Served   19,112   41,441   16,740   47,569   44,643   14,427   186,673   56,701   69,223   26,774
   
 
 
 
 
 
 
 
 
 
2004                                        
Residential Service   17,068   35,684   17,372   43,854   38,315   12,548   158,127   50,572   62,238   23,027
Commercial & Industrial   1,625   3,985   277   2,252   3,942   1,400   12,384   2,818   4,045   3,030
Other   105   19   245   388   89   121   5,823   1,669   460   166
   
 
 
 
 
 
 
 
 
 
  Total Consumers Served   18,798   39,688   17,894   46,494   42,346   14,069   176,333   55,059   66,743   26,224
   
 
 
 
 
 
 
 
 
 
2003                                        
Residential Service   16,754   34,411   17,093   43,023   36,307   11,886   153,663   49,287   59,662   22,609
Commercial & Industrial   1,618   3,620   283   2,164   3,424   1,460   11,694   2,722   3,887   2,933
Other   100   13   241   381   74   121   5,620   1,618   427   2
   
 
 
 
 
 
 
 
 
 
  Total Consumers Served   18,472   38,044   17,617   45,568   39,805   13,467   170,977   53,627   63,976   25,544
   
 
 
 
 
 
 
 
 
 

 

 

Little
Ocmulgee


 

Middle
Georgia


 

Mitchell


 

Ocmulgee


 

Oconee


 

Okefe-
noke


 

Pataula


 

Planters


 

Rayle


 

Satilla

2005                                        
Residential Service   10,159   4,876   20,813   10,379   11,286   29,181   4,576   14,721   16,888   46,490
Commercial & Industrial   114   1,633   1,105   639   975   1,893   196   554   1,305   2,471
Other   306   625   1,522   388   139   353   381   550   0   1,419
   
 
 
 
 
 
 
 
 
 
  Total Consumers Served   10,579   7,134   23,440   11,406   12,400   31,427   5,153   15,825   18,193   50,380
   
 
 
 
 
 
 
 
 
 
2004                                        
Residential Service   10,046   4,824   20,609   10,274   11,237   28,390   4,516   14,618   16,600   46,021
Commercial & Industrial   105   1,589   1,071   608   892   1,761   193   546   1,269   2,327
Other   303   606   1,472   368   139   336   357   543   0   1,337
   
 
 
 
 
 
 
 
 
 
  Total Consumers Served   10,454   7,019   23,152   11,250   12,268   30,487   5,066   15,707   17,869   49,685
   
 
 
 
 
 
 
 
 
 
2003                                        
Residential Service   9,847   4,729   20,408   10,145   11,122   27,490   4,578   14,511   16,376   45,210
Commercial & Industrial   100   1,567   1,032   595   817   1,744   199   533   1,264   2,284
Other   296   591   1,404   354   141   325   212   529   0   1,293
   
 
 
 
 
 
 
 
 
 
  Total Consumers Served   10,243   6,887   22,844   11,094   12,080   29,559   4,989   15,573   17,640   48,787
   
 
 
 
 
 
 
 
 
 

(1)
Lamar EMC, d/b/a Southern Rivers Energy

Table 2 (continued)

 
  Excelsior
  Grady
  GreyStone
  Habersham
  Hart
  Irwin
  Jackson
  Jefferson
  Lamar(1)
 

2005                                        
Residential Service   18,535   16,899   95,939   29,518   28,256   10,439   171,241   30,000   16,837    
Commercial & Industrial   1,313   427   9,039   2,274   6,165   122   13,218   1,449   981    
Other   225   445   1,014   5   3   789   3,511   196   11    
   
 
 
 
 
 
 
 
 
   
  Total Consumers Served   20,073   17,771   105,992   31,797   34,424   11,350   187,970   31,645   17,829    
   
 
 
 
 
 
 
 
 
   
2004                                        
Residential Service   18,195   16,635   90,312   28,841   27,964   10,295   164,837   29,754   16,406    
Commercial & Industrial   1,278   406   8,268   2,199   5,961   123   12,779   1,425   965    
Other   225   446   854   5   3   766   2,992   195   11    
   
 
 
 
 
 
 
 
 
   
  Total Consumers Served   19,698   17,487   99,434   31,045   33,928   11,184   180,608   31,374   17,382    
   
 
 
 
 
 
 
 
 
   
2003                                        
Residential Service   17,847   16,012   85,004   28,114   27,679   10,195   159,485   29,527   15,876    
Commercial & Industrial   1,208   395   7,697   2,175   5,765   127   12,332   1,390   959    
Other   221   483   784   5   3   734   2,554   191   11    
   
 
 
 
 
 
 
 
 
   
  Total Consumers Served   19,276   16,890   93,485   30,294   33,447   11,056   174,371   31,108   16,846    
   
 
 
 
 
 
 
 
 
   

 

 

Sawnee


 

Slash
Pine


 

Snapping
Shoals


 

Sumter


 

Three
Notch


 

Tri-
County


 

Upson
County


 

Walton


 

Washington


 

MEMBER
TOTAL

2005                                        
Residential Service   118,599   6,811   80,149   14,105   13,909   17,883   8,171   103,630   14,318   1,440,780
Commercial & Industrial   12,149   316   4,268   4,388   542   1,625   895   6,797   507   115,135
Other   2,992   149   0   213   463   0   106   1,612   20   26,793
   
 
 
 
 
 
 
 
 
 
  Total Consumers Served   133,740   7,276   84,417   18,706   14,914   19,508   9,172   112,039   14,845   1,582,707
   
 
 
 
 
 
 
 
 
 
2004                                        
Residential Service   113,631   6,716   76,529   13,824   14,036   17,667   8,062   97,889   14,131   1,391,664
Commercial & Industrial   11,211   313   4,152   4,312   550   1,432   927   6,561   493   109,473
Other   2,840   133   0   190   453   0   104   1,513   20   25,296
   
 
 
 
 
 
 
 
 
 
  Total Consumers Served   127,682   7,162   80,681   18,326   15,039   19,099   9,093   105,963   14,644   1,526,433
   
 
 
 
 
 
 
 
 
 
2003                                        
Residential Service   108,810   6,574   72,315   13,609   13,880   17,296   7,968   94,631   13,973   1,347,905
Commercial & Industrial   10,370   310   4,049   4,158   577   1,340   964   6,349   495   104,600
Other   2,714   134   0   177   430   0   102   1,465   21   23,771
   
 
 
 
 
 
 
 
 
 
  Total Consumers Served   121,894   7,018   76,364   17,944   14,887   18,636   9,034   102,445   14,489   1,476,277
   
 
 
 
 
 
 
 
 
 

(1)
Lamar EMC, d/b/a Southern Rivers Energy

OGLETHORPE POWER CORPORATION
MEMBER FINANCIAL AND STATISTICAL INFORMATION

Table 3

ANNUAL MWh SALES BY CONSUMER CLASS OF EACH MEMBER

 
  Altamaha
  Amicalola
  Canoochee
  Carroll
  Central
Georgia

  Coastal
  Cobb
  Colquitt
  Coweta-
Fayette

  Diverse
Power

2005                                                            
Residential Service     245,226     514,211     267,862     615,167     628,335     206,861     2,364,187     784,329     961,408     398,011
Commercial & Industrial     518,737     95,423     92,890     367,297     296,181     132,338     1,241,919     825,217     373,918     104,182
Other     2,618     336     2,710     6,372     1,146     2,178     207,181     57,302     11,267     5,961
   
 
 
 
 
 
 
 
 
 
  Total MWh Sales   $ 766,581   $ 609,970   $ 363,462   $ 988,836   $ 925,662   $ 341,377   $ 3,813,286   $ 1,666,847   $ 1,346,593   $ 508,153
   
 
 
 
 
 
 
 
 
 
2004                                                            
Residential Service     239,971     482,225     266,608     579,227     585,350     202,492     2,215,550     770,742     918,916     383,666
Commercial & Industrial     543,266     87,381     96,041     344,930     283,204     129,751     1,209,855     823,892     365,586     102,920
Other     3,114     245     3,563     6,596     727     2,192     148,378     57,915     10,658     5,746
   
 
 
 
 
 
 
 
 
 
  Total MWh Sales   $ 786,351   $ 569,851   $ 366,212   $ 930,753   $ 869,282   $ 334,435   $ 3,573,782   $ 1,652,549   $ 1,295,161   $ 492,332
   
 
 
 
 
 
 
 
 
 
2003                                                            
Residential Service     226,203     446,258     244,656     542,300     532,187     185,549     2,069,353     729,899     848,385     356,261
Commercial & Industrial     498,813     76,779     86,493     335,670     250,818     117,114     1,124,238     811,493     345,137     96,692
Other     1,607     181     1,876     6,085     432     2,209     140,655     50,537     12,656     5,678
   
 
 
 
 
 
 
 
 
 
  Total MWh Sales   $ 726,623   $ 523,218   $ 333,025   $ 884,056   $ 783,437   $ 304,871   $ 3,334,246   $ 1,591,929   $ 1,206,178   $ 458,631
   
 
 
 
 
 
 
 
 
 

 

 

Little
Ocmulgee


 

Middle
Georgia


 

Mitchell


 

Ocmulgee


 

Oconee


 

Okefe-
noke


 

Pataula


 

Planters


 

Rayle


 

Satilla

2005                                                            
Residential Service     130,323     79,258     332,472     132,135     154,735     463,120     46,511     229,385     215,195     714,933
Commercial & Industrial     49,092     36,758     65,793     41,807     97,206     78,144     35,611     18,369     34,786     261,270
Other     3,212     6,315     29,621     3,071     2,336     16,938     6,802     6,670     0     19,265
   
 
 
 
 
 
 
 
 
 
  Total MWh Sales   $ 182,627   $ 122,332   $ 427,886   $ 177,013   $ 254,277   $ 558,202   $ 88,925   $ 254,424   $ 249,981   $ 995,469
   
 
 
 
 
 
 
 
 
 
2004                                                            
Residential Service     128,568     77,146     330,285     130,378     155,341     449,280     45,303     232,222     209,410     713,151
Commercial & Industrial     48,115     34,006     67,997     38,744     95,777     69,634     35,090     18,489     35,490     258,556
Other     3,873     6,408     33,393     4,173     2,578     16,451     8,432     7,770     0     20,728
   
 
 
 
 
 
 
 
 
 
  Total MWh Sales   $ 180,555   $ 117,560   $ 431,675   $ 173,294   $ 253,695   $ 535,364   $ 88,825   $ 258,481   $ 244,900   $ 992,434
   
 
 
 
 
 
 
 
 
 
2003                                                            
Residential Service     121,547     75,445     316,073     122,925     146,772     427,205     43,464     214,088     196,872     674,370
Commercial & Industrial     46,469     32,869     65,438     36,440     88,738     47,712     36,111     17,153     34,999     238,291
Other     2,364     3,012     22,268     1,754     2,307     15,289     5,618     4,912     0     16,434
   
 
 
 
 
 
 
 
 
 
  Total MWh Sales   $ 170,380   $ 111,326   $ 403,779   $ 161,119   $ 237,817   $ 490,206   $ 85,193   $ 236,153   $ 231,871   $ 929,094
   
 
 
 
 
 
 
 
 
 

(1)
Lamar EMC, d/b/a Southern Rivers Energy

Table 3 (continued)

 
  Excelsior
  Grady
  GreyStone
  Habersham
  Hart
  Irwin
  Jackson
  Jefferson
  Lamar(1)
 

2005                                                            
Residential Service     302,531     239,442     1,357,275     374,652     378,282     146,981     2,578,226     432,558     254,338      
Commercial & Industrial     73,199     28,684     368,414     86,792     162,170     18,262     1,641,024     104,860     46,778      
Other     2,713     11,046     529,373     80     496     12,077     211,010     6,039     4,576      
   
 
 
 
 
 
 
 
 
     
  Total MWh Sales   $ 378,444   $ 279,172   $ 2,255,063   $ 461,524   $ 540,948   $ 177,320   $ 4,430,259   $ 543,456   $ 305,692      
   
 
 
 
 
 
 
 
 
     
2004                                                            
Residential Service     295,819     237,383     1,255,234     352,784     366,396     146,062     2,423,925     430,946     248,236      
Commercial & Industrial     70,304     27,601     760,119     85,595     153,653     17,655     1,587,100     109,777     44,289      
Other     3,726     11,190     8,366     80     566     12,551     194,810     8,408     4,791      
   
 
 
 
 
 
 
 
 
     
  Total MWh Sales   $ 369,849   $ 276,174   $ 2,023,719   $ 438,458   $ 520,615   $ 176,268   $ 4,205,835   $ 549,130   $ 297,316      
   
 
 
 
 
 
 
 
 
     
2003                                                            
Residential Service     271,740     226,291     1,153,051     333,969     345,602     137,597     2,240,198     402,032     227,414      
Commercial & Industrial     63,895     28,877     684,553     83,589     142,012     15,818     1,480,741     98,456     44,347      
Other     2,230     9,651     7,930     80     584     8,687     174,779     5,067     4,588      
   
 
 
 
 
 
 
 
 
     
  Total MWh Sales   $ 337,864   $ 264,819   $ 1,845,534   $ 417,638   $ 488,198   $ 162,102   $ 3,895,718   $ 505,555   $ 276,349      
   
 
 
 
 
 
 
 
 
     

 

 

Sawnee


 

Slash
Pine


 

Snapping
Shoals


 

Sumter


 

Three
Notch


 

Tri-
County


 

Upson
County


 

Walton


 

Washington


 

MEMBER
TOTAL

2005                                                            
Residential Service     1,823,409     103,592     1,275,171     245,717     160,106     262,781     107,120     1,604,324     193,177     21,323,348
Commercial & Industrial     883,677     47,166     376,392     80,639     23,116     80,433     16,681     604,937     206,317     9,616,475
Other     27,937     6,181     0     6,989     11,492     0     1,902     78,231     663     1,302,108
   
 
 
 
 
 
 
 
 
 
  Total MWh Sales   $ 2,735,022   $ 156,939   $ 1,651,563   $ 333,345   $ 194,714   $ 343,213   $ 125,704   $ 2,287,492   $ 400,157   $ 32,241,930
   
 
 
 
 
 
 
 
 
 
2004                                                            
Residential Service     1,703,487     103,376     1,206,829     242,491     161,229     256,643     106,515     1,525,386     188,671     20,367,241
Commercial & Industrial     829,796     50,816     372,860     77,160     23,279     76,140     16,209     587,187     209,163     9,787,424
Other     28,127     5,815     0     7,685     14,966     0     1,879     71,896     722     718,517
   
 
 
 
 
 
 
 
 
 
  Total MWh Sales   $ 2,561,409   $ 160,007   $ 1,579,689   $ 327,335   $ 199,474   $ 332,783   $ 124,603   $ 2,184,469   $ 398,556   $ 30,873,182
   
 
 
 
 
 
 
 
 
 
2003                                                            
Residential Service     1,560,593     98,754     1,086,059     230,710     156,081     237,077     102,875     1,423,810     176,204     18,929,869
Commercial & Industrial     749,412     46,163     350,016     73,152     22,841     72,002     16,464     547,656     203,896     9,111,356
Other     27,466     5,562     0     3,430     10,178     0     1,719     70,036     338     628,199
   
 
 
 
 
 
 
 
 
 
  Total MWh Sales   $ 2,337,471   $ 150,479   $ 1,436,075   $ 307,292   $ 189,100   $ 309,079   $ 121,059   $ 2,041,503   $ 380,438   $ 28,669,425
   
 
 
 
 
 
 
 
 
 

(1)
Lamar EMC, d/b/a Southern Rivers Energy

OGLETHORPE POWER CORPORATION
MEMBER FINANCIAL AND STATISTICAL INFORMATION

Table 4

ANNUAL REVENUES BY CONSUMER CLASS OF EACH MEMBER

 
  Altamaha
  Amicalola
  Canoochee
  Carroll
  Central
Georgia

  Coastal
  Cobb
  Colquitt
  Coweta-
Fayette

  Diverse
Power

 
2005                                                              
Residential Service     22,063,297     47,409,997     22,051,034     56,353,430     53,707,207     19,588,530     212,674,920     65,701,446     86,492,158     32,942,854  
Commercial & Industrial     32,996,509     8,699,673     6,527,996     22,064,282     19,845,187     7,762,192     83,194,425     32,939,289     27,390,076     8,671,423  
Other     218,445     58,086     314,848     662,540     166,362     252,778     18,147,026     4,719,967     1,159,169     588,154  
   
 
 
 
 
 
 
 
 
 
 
  Total Electric Sales   $ 55,278,251   $ 56,167,756   $ 28,893,878   $ 79,080,252   $ 73,718,756   $ 27,603,500   $ 314,016,371   $ 103,360,702   $ 115,041,403   $ 42,202,431  
Other Operating Revenue     582,151     1,524,752     2,132,079     4,838,805     2,840,035     659,579     8,515,850     3,977,417     5,005,423     1,676,901  
   
 
 
 
 
 
 
 
 
 
 
  Total Operating Revenue   $ 55,860,402   $ 57,692,508   $ 31,025,957   $ 83,919,057   $ 76,558,791   $ 28,263,079   $ 322,532,221   $ 107,338,119   $ 120,046,826   $ 43,879,332  
   
 
 
 
 
 
 
 
 
 
 
2004                                                              
Residential Service     19,653,815     41,618,898     21,009,067     49,600,819     46,143,984     16,640,838     189,095,519     61,043,706     78,950,397     29,106,992  
Commercial & Industrial     24,424,865     7,661,188     6,418,056     18,801,476     16,536,579     6,468,560     75,740,069     31,029,129     25,092,623     7,690,535  
Other     229,319     41,748     367,948     634,938     151,618     229,258     13,798,386     4,560,609     1,098,072     522,608  
   
 
 
 
 
 
 
 
 
 
 
  Total Electric Sales   $ 44,307,999   $ 49,321,834   $ 27,795,071   $ 69,037,233   $ 62,832,181   $ 23,338,656   $ 278,633,974   $ 96,633,444   $ 105,141,092   $ 37,320,135  
Other Operating Revenue     583,900     (1,674,558 )   1,020,137     1,973,463     2,714,966     549,362     8,318,942     (3,649,878 )   3,205,119     1,934,210  
   
 
 
 
 
 
 
 
 
 
 
  Total Operating Revenue   $ 44,891,899   $ 47,647,276   $ 28,815,208   $ 71,010,696   $ 65,547,147   $ 23,888,018   $ 286,952,916   $ 92,983,566   $ 108,346,211   $ 39,254,345  
2003                                                              
Residential Service     18,494,100     38,376,846     19,440,884     46,643,280     42,242,477     15,027,383     179,853,791     57,564,685     72,827,433     27,359,676  
Commercial & Industrial     19,541,576     6,776,724     5,646,686     18,143,476     14,434,601     6,026,564     72,527,924     28,988,668     23,870,666     7,401,329  
Other     138,877     28,952     242,240     592,586     97,567     227,515     10,900,700     3,902,736     1,035,100     540,153  
   
 
 
 
 
 
 
 
 
 
 
  Total Electric Sales   $ 38,174,553   $ 45,182,522   $ 25,329,810   $ 65,379,342   $ 56,774,645   $ 21,281,462   $ 263,282,415   $ 90,456,089   $ 97,733,199   $ 35,301,158  
Other Operating Revenue     436,741     2,615,257     338,561     1,001,128     1,822,005     497,298     7,050,205     (3,765,665 )   3,113,292     1,258,024  
   
 
 
 
 
 
 
 
 
 
 
  Total Operating Revenue   $ 38,611,294   $ 47,797,779   $ 25,668,371   $ 66,380,470   $ 58,596,650   $ 21,778,760   $ 270,332,620   $ 86,690,424   $ 100,846,491   $ 36,559,182  
   
 
 
 
 
 
 
 
 
 
 

 

 

Little
Ocmulgee


 

Middle
Georgia


 

Mitchell


 

Ocmulgee


 

Oconee


 

Okefe-
noke


 

Pataula


 

Planters


 

Rayle


 

Satilla


 
2005                                                              
Residential Service     12,230,033     7,814,833     29,632,802     12,725,040     15,239,545     42,028,227     3,845,856     19,768,075     21,672,970     60,004,479  
Commercial & Industrial     2,984,232     3,786,303     5,922,883     3,206,806     5,814,526     5,941,009     1,899,802     1,366,518     3,295,008     15,418,841  
Other     350,403     958,321     2,867,820     443,410     239,111     1,256,170     611,187     651,068     0     1,774,174  
   
 
 
 
 
 
 
 
 
 
 
  Total Electric Sales   $ 15,564,668   $ 12,559,457   $ 38,423,505   $ 16,375,256   $ 21,293,182   $ 49,225,406   $ 6,356,845   $ 21,785,661   $ 24,967,978   $ 77,197,494  
Other Operating Revenue     490,557     190,760     130,886     566,330     799,857     945,838     110,149     968,196     196,161     9,002,873  
   
 
 
 
 
 
 
 
 
 
 
  Total Operating Revenue   $ 16,055,225   $ 12,750,217   $ 38,554,391   $ 16,941,586   $ 22,093,039   $ 50,171,244   $ 6,466,994   $ 22,753,857   $ 25,164,139   $ 86,200,367  
   
 
 
 
 
 
 
 
 
 
 
2004                                                              
Residential Service     11,338,309     6,135,628     26,405,995     11,638,487     13,727,018     37,054,230     3,755,406     17,262,340     18,937,191     59,439,026  
Commercial & Industrial     2,857,005     2,964,520     5,127,432     2,587,482     5,369,056     4,742,761     1,825,532     1,192,812     2,866,916     13,592,349  
Other     330,616     825,893     2,860,057     486,858     228,887     1,081,695     729,664     667,597     0     1,833,991  
   
 
 
 
 
 
 
 
 
 
 
  Total Electric Sales   $ 14,525,930   $ 9,926,041   $ 34,393,484   $ 14,712,827   $ 19,324,961   $ 42,878,686   $ 6,310,602   $ 19,122,749   $ 21,804,107   $ 74,865,366  
Other Operating Revenue     271,472     170,530     0     784,772     681,648     915,718     117,002     1,047,819     234,277     (1,443,802 )
   
 
 
 
 
 
 
 
 
 
 
  Total Operating Revenue   $ 14,797,402   $ 10,096,571   $ 34,393,484   $ 15,497,599   $ 20,006,609   $ 43,794,404   $ 6,427,604   $ 20,170,568   $ 22,038,384   $ 73,421,564  
   
 
 
 
 
 
 
 
 
 
 
2003                                                              
Residential Service     10,506,486     5,903,437     25,121,839     10,865,629     12,478,624     35,014,143     3,626,960     15,915,624     16,963,106     54,796,932  
Commercial & Industrial     2,620,178     2,936,216     4,915,121     2,518,250     4,816,464     3,746,462     1,818,881     1,085,919     2,658,451     12,208,793  
Other     205,514     456,688     1,969,542     280,199     201,443     1,017,427     496,328     462,818     0     1,480,963  
   
 
 
 
 
 
 
 
 
 
 
  Total Electric Sales   $ 13,332,178   $ 9,296,341   $ 32,006,502   $ 13,664,078   $ 17,496,531   $ 39,778,032   $ 5,942,169   $ 17,464,361   $ 19,621,557   $ 68,486,688  
Other Operating Revenue     241,798     167,186     1,133,104     442,678     616,283     824,420     95,930     742,054     147,251     (457,913 )
   
 
 
 
 
 
 
 
 
 
 
  Total Operating Revenue   $ 13,573,976   $ 9,463,527   $ 33,139,606   $ 14,106,756   $ 18,112,814   $ 40,602,452   $ 6,038,099   $ 18,206,415   $ 19,768,808   $ 68,028,775  
   
 
 
 
 
 
 
 
 
 
 

(1)
Lamar EMC, d/b/a Southern Rivers Energy

Table 4 (continued)

 
  Excelsior
  Grady
  GreyStone
  Habersham
  Hart
  Irwin
  Jackson
  Jefferson
  Lamar(1)
 

2005                                                            
Residential Service     22,584,425     24,765,522     113,551,158     32,620,910     33,415,912     15,184,717     222,591,611     39,921,853     22,606,853      
Commercial & Industrial     5,031,876     2,464,657     18,782,135     6,712,709     13,755,791     1,567,271     117,949,226     7,342,574     3,289,159      
Other     304,996     1,183,050     42,179,667     7,034     32,363     1,501,247     19,115,197     649,374     329,886      
   
 
 
 
 
 
 
 
 
     
  Total Electric Sales   $ 27,921,297   $ 28,413,229   $ 174,512,960   $ 39,340,653   $ 47,204,066   $ 18,253,235   $ 359,656,034   $ 47,913,801   $ 26,225,898      
Other Operating Revenue     (243,882 )   1,117,745     6,672,686     3,069,692     1,725,709     746,265     25,985,746     1,936,867     910,436      
   
 
 
 
 
 
 
 
 
     
  Total Operating Revenue   $ 27,677,415   $ 29,530,974   $ 181,185,646   $ 42,410,345   $ 48,929,775   $ 18,999,500   $ 385,641,780   $ 49,850,668   $ 27,136,334      
   
 
 
 
 
 
 
 
 
     
2004                                                            
Residential Service     20,058,096     22,599,016     98,152,577     29,491,973     29,964,104     13,881,255     188,219,318     38,376,589     20,302,070      
Commercial & Industrial     4,566,096     2,223,375     49,072,536     6,296,730     12,041,306     1,421,333     101,638,075     6,978,258     2,955,388      
Other     345,434     1,085,889     1,408,412     7,034     32,830     1,372,854     15,130,886     790,444     329,250      
   
 
 
 
 
 
 
 
 
     
  Total Electric Sales   $ 24,969,626   $ 25,908,280   $ 148,633,525   $ 35,795,737   $ 42,038,240   $ 16,675,442   $ 304,988,279   $ 46,145,291   $ 23,586,708      
Other Operating Revenue     (243,882 )   1,071,677     5,331,374     958,752     1,796,331     629,879     (7,434,056 )   501,554     885,840      
   
 
 
 
 
 
 
 
 
     
  Total Operating Revenue   $ 24,725,744   $ 26,979,957   $ 153,964,899   $ 36,754,489   $ 43,834,571   $ 17,305,321   $ 297,554,223   $ 46,646,845   $ 24,472,548      
   
 
 
 
 
 
 
 
 
     
2003                                                            
Residential Service     18,457,796     21,621,754     89,109,478     27,351,475     28,447,568     13,036,981     176,475,836     35,440,815     18,716,733      
Commercial & Industrial     4,177,372     2,219,120     44,322,083     6,004,732     11,326,600     1,327,519     97,449,834     6,335,654     2,956,197      
Other     264,023     979,460     1,325,264     7,034     33,700     998,980     13,259,464     590,511     287,281      
   
 
 
 
 
 
 
 
 
     
  Total Electric Sales   $ 22,899,191   $ 24,820,334   $ 134,756,825   $ 33,363,241   $ 39,807,868   $ 15,363,480   $ 287,185,134   $ 42,366,980   $ 21,960,211      
Other Operating Revenue     (58,913 )   931,063     3,731,001     691,560     1,450,597     530,199     (12,922,181 )   1,519,525     664,867      
   
 
 
 
 
 
 
 
 
     
  Total Operating Revenue   $ 22,840,278   $ 25,751,397   $ 138,487,826   $ 34,054,801   $ 41,258,465   $ 15,893,679   $ 274,262,953   $ 43,886,505   $ 22,625,078      
   
 
 
 
 
 
 
 
 
     

 

 

Sawnee


 

Slash
Pine


 

Snapping
Shoals


 

Sumter


 

Three
Notch


 

Tri-
County


 

Upson
County


 

Walton


 

Washington


 

MEMBER
TOTAL

2005                                                            
Residential Service     169,493,290     9,700,709     101,457,696     21,816,286     16,743,158     23,148,191     8,947,863     130,142,634     17,952,725     1,870,592,246
Commercial & Industrial     69,120,838     3,283,154     22,936,381     7,291,328     2,383,627     6,152,296     1,441,523     42,867,603     11,659,789     643,758,917
Other     3,590,450     477,072     0     771,818     1,593,519     0     187,329     7,314,640     53,106     114,729,787
   
 
 
 
 
 
 
 
 
 
  Total Electric Sales   $ 242,204,578   $ 13,460,935   $ 124,394,077   $ 29,879,432   $ 20,720,304   $ 29,300,487   $ 10,576,715   $ 180,324,877   $ 29,665,620   $ 2,629,080,950
Other Operating Revenue     11,608,143     97,676     9,448,065     806,464     647,811     913,185     386,251     13,047,584     927,682     124,958,724
   
 
 
 
 
 
 
 
 
 
  Total Operating Revenue   $ 253,812,721   $ 13,558,611   $ 133,842,142   $ 30,685,896   $ 21,368,115   $ 30,213,672   $ 10,962,966   $ 193,372,461   $ 30,593,302   $ 2,754,039,674
   
 
 
 
 
 
 
 
 
 
2004                                                            
Residential Service     150,100,977     8,379,426     90,943,335     20,108,820     15,852,441     20,661,344     8,629,827     118,974,345     16,239,747     1,669,492,925
Commercial & Industrial     60,419,985     2,838,025     21,525,933     6,609,615     2,201,767     4,968,476     1,370,898     39,099,481     10,656,432     599,872,654
Other     3,449,759     367,782     0     709,316     1,747,145     0     183,122     6,552,571     49,110     64,241,600
   
 
 
 
 
 
 
 
 
 
  Total Electric Sales   $ 213,970,721   $ 11,585,233   $ 112,469,268   $ 27,427,751   $ 19,801,353   $ 25,629,820   $ 10,183,847   $ 164,626,397   $ 26,945,289   $ 2,333,607,179
Other Operating Revenue     8,184,368     93,165     7,392,882     (80,328 )   642,200     993,991     380,752     313,630     870,771     40,043,999
   
 
 
 
 
 
 
 
 
 
  Total Operating Revenue   $ 222,155,089   $ 11,678,398   $ 119,862,150   $ 27,347,423   $ 20,443,553   $ 26,623,811   $ 10,564,599   $ 164,940,027   $ 27,816,060   $ 2,373,651,178
   
 
 
 
 
 
 
 
 
 
2003                                                            
Residential Service     140,434,145     7,822,762     85,463,543     18,964,597     14,818,341     19,181,781     8,378,568     111,167,798     15,243,168     1,559,156,474
Commercial & Industrial     56,451,444     2,561,951     20,440,560     6,229,622     2,163,272     4,622,708     1,409,906     36,855,315     10,566,561     560,103,399
Other     3,345,411     356,354     0     444,612     1,394,446     0     163,607     6,293,877     32,265     54,053,637
   
 
 
 
 
 
 
 
 
 
  Total Electric Sales   $ 200,231,000   $ 10,741,067   $ 105,904,103   $ 25,638,831   $ 18,376,059   $ 23,804,489   $ 9,952,081   $ 154,316,990   $ 25,841,994   $ 2,173,313,510
Other Operating Revenue     1,622,008     60,090     1,989,404     572,507     353,507     611,827     329,932     374,536     508,985     21,280,151
   
 
 
 
 
 
 
 
 
 
  Total Operating Revenue   $ 201,853,008   $ 10,801,157   $ 107,893,507   $ 26,211,338   $ 18,729,566   $ 24,416,316   $ 10,282,013   $ 154,691,526   $ 26,350,979   $ 2,194,593,661
   
 
 
 
 
 
 
 
 
 

(1)
Lamar EMC, d/b/a Southern Rivers Energy

OGLETHORPE POWER CORPORATION
MEMBER FINANCIAL AND STATISTICAL INFORMATION

Table 5

SUMMARY OF OPERATING RESULTS OF EACH MEMBER

 
  Altamaha
  Amicalola
  Canoochee
  Carroll
  Central
Georgia

  Coastal
  Cobb
  Colquitt
  Coweta-
Fayette

  Diverse
Power

2005                                                            
Operating Revenue & Patronage Capital     55,860,401     57,692,508     31,025,957     83,919,057     76,558,791     28,263,079     322,532,220     107,338,119     120,046,826     43,879,332
Depreciation and Amortization     1,978,552     4,631,091     1,886,274     5,549,689     4,109,333     1,545,330     15,666,093     4,637,635     6,212,352     3,968,152
Other Operating Expenses     51,464,687     46,911,553     27,201,028     71,751,422     68,425,839     24,637,966     279,942,737     97,496,054     111,289,537     37,871,867
   
 
 
 
 
 
 
 
 
 
  Electric Operating Margin   $ 2,417,162   $ 6,149,864   $ 1,938,655   $ 6,617,946   $ 4,023,619   $ 2,079,783   $ 26,923,390   $ 5,204,430   $ 2,544,937   $ 2,039,313
Other Income     1,030,935     1,099,002     779,890     1,459,901     1,625,948     409,740     10,200,876     1,675,671     1,086,516     826,680
   
 
 
 
 
 
 
 
 
 
  Gross Operating Margin   $ 3,448,097   $ 7,248,866   $ 2,718,545   $ 8,077,847   $ 5,649,567   $ 2,489,523   $ 37,124,266   $ 6,880,101   $ 3,631,453   $ 2,865,993
   
 
 
 
 
 
 
 
 
 
Interest on Long-term Debt     1,262,794     2,364,854     1,366,335     4,005,536     3,639,408     1,678,552     14,691,542     3,511,932     6,155,373     1,704,275
Other Deductions     15,331     288     3,986     53,587     13,877     1,990     4,072,084     0     961,281     159,836
   
 
 
 
 
 
 
 
 
 
    Net Margins   $ 2,169,972   $ 4,883,724   $ 1,348,224   $ 4,018,724   $ 1,996,282   $ 808,981   $ 18,360,640   $ 3,368,169   $ (3,485,201 ) $ 1,001,882
   
 
 
 
 
 
 
 
 
 
2004                                                            
Operating Revenue & Patronage Capital     44,891,898     47,647,276     28,815,208     71,010,696     65,547,149     23,888,018     286,952,916     92,983,566     108,346,211     39,254,345
Depreciation and Amortization     1,927,641     4,368,048     2,049,458     5,388,525     3,698,115     1,453,376     14,469,870     4,381,109     5,935,200     3,736,798
Other Operating Expenses     40,554,073     38,930,924     24,946,076     58,004,987     52,619,303     20,719,044     241,119,831     83,416,526     95,142,842     32,132,999
   
 
 
 
 
 
 
 
 
 
  Electric Operating Margin   $ 2,410,184   $ 4,348,304   $ 1,819,674   $ 7,617,184   $ 9,229,731   $ 1,715,598   $ 31,363,215   $ 5,185,931   $ 7,268,169   $ 3,384,548
Other Income     678,613     568,915     887,592     993,740     1,082,630     356,392     8,809,327     1,351,875     2,811,998     734,380
   
 
 
 
 
 
 
 
 
 
  Gross Operating Margin   $ 3,088,797   $ 4,917,219   $ 2,707,266   $ 8,610,924   $ 10,312,361   $ 2,071,990   $ 40,172,542   $ 6,537,806   $ 10,080,167   $ 4,118,928
   
 
 
 
 
 
 
 
 
 
Interest on Long-term Debt     1,216,188     1,660,722     1,348,413     3,492,288     3,661,675     1,555,276     12,993,938     2,975,916     5,290,452     1,550,524
Other Deductions     64,967     21,867     5,882     4,252     26,607     2,164     2,283,415     0     732,522     14,993
   
 
 
 
 
 
 
 
 
 
    Net Margins   $ 1,807,642   $ 3,234,630   $ 1,352,971   $ 5,114,384   $ 6,624,079   $ 514,550   $ 24,895,189   $ 3,561,890   $ 4,057,193   $ 2,553,411
   
 
 
 
 
 
 
 
 
 
2003                                                            
Operating Revenue & Patronage Capital     38,611,295     47,797,779     25,668,371     66,380,469     58,596,650     21,778,761     270,332,620     86,690,424     100,846,491     36,559,182
Depreciation and Amortization     1,867,442     4,153,442     1,768,713     5,211,509     3,541,345     1,381,249     13,591,809     4,175,030     5,664,309     3,422,355
Other Operating Expenses     34,140,315     35,647,783     22,575,069     51,867,658     47,706,207     18,328,386     228,794,205     78,556,766     87,765,442     30,499,735
   
 
 
 
 
 
 
 
 
 
  Electric Operating Margin   $ 2,603,538   $ 7,996,554   $ 1,324,589   $ 9,301,302   $ 7,349,098   $ 2,069,126   $ 27,946,606   $ 3,958,628   $ 7,416,740   $ 2,637,092
Other Income     802,782     248,460     626,858     658,138     979,254     298,749     8,666,504     1,287,340     1,956,039     613,159
   
 
 
 
 
 
 
 
 
 
  Gross Operating Margin   $ 3,406,320   $ 8,245,014   $ 1,951,447   $ 9,959,440   $ 8,328,352   $ 2,367,875   $ 36,613,110   $ 5,245,968   $ 9,372,779   $ 3,250,251
   
 
 
 
 
 
 
 
 
 
Interest on Long-term Debt     1,000,961     1,969,846     1,225,410     3,413,044     2,932,626     1,371,854     13,178,588     3,034,055     4,612,398     1,393,240
Other Deductions     (27,271 )   11,360     13,519     26,701     186,393     8,328     1,143,966     0     740,827     20,343
   
 
 
 
 
 
 
 
 
 
    Net Margins   $ 2,432,630   $ 6,263,808   $ 712,518   $ 6,519,695   $ 5,209,333   $ 987,693   $ 22,290,556   $ 2,211,913   $ 4,019,554   $ 1,836,668
   
 
 
 
 
 
 
 
 
 

 

 

Little
Ocmulgee


 

Middle
Georgia


 

Mitchell


 

Ocmulgee


 

Oconee


 

Okefe-
noke


 

Pataula


 

Planters


 

Rayle


 

Satilla

2005                                                            
Operating Revenue & Patronage Capital     16,055,225     12,750,217     39,913,373     16,941,586     22,093,039     35,304,081     6,446,994     22,753,857     25,164,139     86,200,367
Depreciation and Amortization     1,054,452     834,142     2,617,253     1,061,143     1,395,940     3,302,421     462,440     1,462,731     1,881,788     3,663,697
Other Operating Expenses     13,989,750     11,199,633     34,786,964     14,671,990     19,042,143     45,260,958     4,676,721     18,977,960     23,753,990     79,278,223
   
 
 
 
 
 
 
 
 
 
  Electric Operating Margin   $ 1,011,023   $ 716,442   $ 2,509,156   $ 1,208,453   $ 1,654,956   $ (13,259,298 ) $ 1,307,833   $ 2,313,166   $ (471,639 ) $ 3,258,447
Other Income     82,063     200,624     598,410     138,764     441,781     15,637,297     162,979     453,766     375,780     1,282,616
   
 
 
 
 
 
 
 
 
 
  Gross Operating Margin   $ 1,093,086   $ 917,066   $ 3,107,566   $ 1,347,217   $ 2,096,737   $ 2,377,999   $ 1,470,812   $ 2,766,932   $ (95,859 ) $ 4,541,063
   
 
 
 
 
 
 
 
 
 
Interest on Long-term Debt     855,666     646,061     1,130,052     997,175     1,468,261     2,818,186     133,865     1,009,408     1,655,004     2,407,142
Other Deductions     16,500     99,819     355,783     29,527     54,288     356,216     0     38,778     16,925     385,792
   
 
 
 
 
 
 
 
 
 
    Net Margins   $ 220,920   $ 171,186   $ 1,621,731   $ 320,515   $ 574,188   $ (796,403 ) $ 1,336,947   $ 1,718,746   $ (1,767,788 ) $ 1,748,129
   
 
 
 
 
 
 
 
 
 
2004                                                            
Operating Revenue & Patronage Capital     13,797,402     10,096,571     35,972,403     15,497,599     20,006,609     43,794,405     6,427,602     20,170,563     22,038,384     73,421,564
Depreciation and Amortization     1,020,526     807,152     2,450,982     1,015,696     1,343,722     3,163,213     441,794     1,564,801     1,729,557     3,368,395
Other Operating Expenses     11,797,894     8,796,764     31,640,197     12,749,116     17,159,007     37,841,003     5,592,556     17,035,182     18,594,748     66,021,053
   
 
 
 
 
 
 
 
 
 
  Electric Operating Margin   $ 978,982   $ 492,655   $ 1,881,224   $ 1,732,787   $ 1,503,880   $ 2,790,189   $ 393,252   $ 1,570,580   $ 1,714,079   $ 4,032,116
Other Income     91,172     172,351     566,815     141,055     386,620     879,098     128,982     341,249     333,086     1,118,034
   
 
 
 
 
 
 
 
 
 
  Gross Operating Margin   $ 1,070,154   $ 665,006   $ 2,448,039   $ 1,873,842   $ 1,890,500   $ 3,669,287   $ 522,234   $ 1,911,829   $ 2,047,165   $ 5,150,150
   
 
 
 
 
 
 
 
 
 
Interest on Long-term Debt     800,257     557,832     783,102     919,047     1,194,352     2,698,038     269,550     867,409     1,459,133     2,223,721
Other Deductions     18,000     67,466     146,077     27,347     41,425     168,643     3,153     47,531     2,667     220,233
   
 
 
 
 
 
 
 
 
 
    Net Margins   $ 251,897   $ 39,708   $ 1,518,860   $ 927,448   $ 654,723   $ 802,606   $ 249,531   $ 996,889   $ 585,365   $ 2,706,196
   
 
 
 
 
 
 
 
 
 
2003                                                            
Operating Revenue & Patronage Capital     13,573,976     9,463,527     33,468,177     14,106,756     18,112,814     40,602,452     6,038,099     18,206,415     19,768,807     68,028,775
Depreciation and Amortization     988,015     782,036     2,393,918     978,217     1,280,750     3,003,331     421,509     1,495,795     1,696,606     3,226,459
Other Operating Expenses     11,454,683     8,170,486     29,149,914     11,953,247     15,715,238     34,607,731     5,374,181     15,901,700     17,141,661     61,677,515
   
 
 
 
 
 
 
 
 
 
  Electric Operating Margin   $ 1,131,278   $ 511,005   $ 1,924,345   $ 1,175,292   $ 1,116,826   $ 2,991,390   $ 242,409   $ 808,920   $ 930,540   $ 3,124,801
Other Income     60,269     165,576     595,433     129,363     354,916     538,538     118,414     332,031     403,749     1,231,999
   
 
 
 
 
 
 
 
 
 
  Gross Operating Margin   $ 1,191,547   $ 676,581   $ 2,519,778   $ 1,304,655   $ 1,471,742   $ 3,529,928   $ 360,823   $ 1,140,951   $ 1,334,289   $ 4,356,800
   
 
 
 
 
 
 
 
 
 
Interest on Long-term Debt     719,593     625,278     955,845     900,567     1,220,949     2,530,104     268,790     782,683     1,220,167     1,688,365
Other Deductions     18,000     40,623     0     22,816     50,282     122,980     303     21,512     1,583     392,044
   
 
 
 
 
 
 
 
 
 
    Net Margins   $ 453,954   $ 10,680   $ 1,563,933   $ 381,272   $ 200,511   $ 876,844   $ 91,730   $ 336,756   $ 112,539   $ 2,276,391
   
 
 
 
 
 
 
 
 
 

(1)
Lamar EMC, d/b/a Southern Rivers Energy

Table 5 (continued)

 
  Excelsior
  Grady
  GreyStone
  Habersham
  Hart
  Irwin
  Jackson
  Jefferson
  Lamar(1)
 

2005                                                            
Operating Revenue & Patronage Capital     29,708,871     29,530,974     181,185,646     42,410,345     48,929,775     18,999,500     385,641,782     49,850,672     27,136,334      
Depreciation and Amortization     1,595,409     2,077,258     8,288,541     3,271,811     3,431,805     4,704,900     18,867,009     3,127,735     1,495,793      
Other Operating Expenses     26,320,649     25,545,107     154,458,492     36,379,757     42,049,648     12,574,660     339,406,389     41,787,509     24,232,605      
   
 
 
 
 
 
 
 
 
     
  Electric Operating Margin   $ 1,792,813   $ 1,908,609   $ 18,438,613   $ 2,758,777   $ 3,448,322   $ 1,719,940   $ 27,368,384   $ 4,935,428   $ 1,407,936      
Other Income     1,041,060     462,703     2,265,780     669,869     1,043,420     477,791     9,692,608     1,121,249     621,085      
   
 
 
 
 
 
 
 
 
     
  Gross Operating Margin   $ 2,833,873   $ 2,371,312   $ 20,704,393   $ 3,428,646   $ 4,491,742   $ 2,197,731   $ 37,060,992   $ 6,056,677   $ 2,029,021      
   
 
 
 
 
 
 
 
 
     
Interest on Long-term Debt     1,287,720     1,137,263     7,971,186     2,572,883     2,752,751     1,364,658     17,281,543     2,839,738     1,056,562      
Other Deductions     0     106,624     105,825     183,672     5,501     46,241     406,308     28,377     0      
   
 
 
 
 
 
 
 
 
     
    Net Margins   $ 1,546,153   $ 1,127,425   $ 12,627,382   $ 672,091   $ 1,733,490   $ 786,832   $ 19,373,141   $ 3,188,562   $ 972,459      
   
 
 
 
 
 
 
 
 
     
2004                                                            
Operating Revenue & Patronage Capital     24,725,744     26,979,957     153,964,898     36,754,489     43,834,571     17,305,321     297,554,225     46,646,847     24,472,548      
Depreciation and Amortization     1,418,038     1,826,911     7,594,022     2,941,408     3,264,969     1,610,586     17,574,799     3,002,846     1,420,437      
Other Operating Expenses     21,550,384     23,375,375     125,470,699     31,044,890     36,738,074     14,309,750     256,913,860     38,948,943     20,877,874      
  Electric Operating Margin   $ 1,757,322   $ 1,777,671   $ 20,900,177   $ 2,768,191   $ 3,831,528   $ 1,384,985   $ 23,065,566   $ 4,695,058   $ 2,174,237      
Other Income     5,553,680     155,789     1,070,408     377,347     877,397     432,668     6,534,061     970,042     (220,031 )    
   
 
 
 
 
 
 
 
 
     
  Gross Operating Margin   $ 7,311,002   $ 1,933,460   $ 21,970,585   $ 3,145,538   $ 4,708,925   $ 1,817,653   $ 29,599,627   $ 5,665,100   $ 1,954,206      
   
 
 
 
 
 
 
 
 
     
Interest on Long-term Debt     1,341,625     737,140     7,130,939     1,994,995     2,215,175     1,198,997     15,844,614     2,717,907     830,139      
Other Deductions     0     123,757     177,426     55,979     2,750     59,352     76,539     14,706     0      
   
 
 
 
 
 
 
 
 
     
    Net Margins   $ 5,969,377   $ 1,072,563   $ 14,662,220   $ 1,094,564   $ 2,491,000   $ 559,304   $ 13,678,474   $ 2,932,487   $ 1,124,067      
   
 
 
 
 
 
 
 
 
     
2003                                                            
Operating Revenue & Patronage Capital     22,840,278     25,751,397     138,487,826     34,054,801     41,258,465     15,893,681     274,262,952     43,886,508     22,625,078      
Depreciation and Amortization     1,482,259     1,743,300     6,991,020     2,661,396     3,048,536     1,526,452     16,620,680     2,895,578     1,274,378      
Other Operating Expenses     19,564,760     22,875,376     115,034,570     28,747,343     34,202,695     12,758,516     234,108,662     35,467,889     18,823,368      
   
 
 
 
 
 
 
 
 
     
  Electric Operating Margin   $ 1,793,259   $ 1,132,721   $ 16,462,236   $ 2,646,062   $ 4,007,234   $ 1,608,713   $ 23,533,610   $ 5,523,041   $ 2,527,332      
Other Income     507,900     122,441     (3,840,229 )   301,465     702,718     275,981     5,251,060     905,161     (371,405 )    
   
 
 
 
 
 
 
 
 
     
  Gross Operating Margin   $ 2,301,159   $ 1,255,162   $ 12,622,007   $ 2,947,527   $ 4,709,952   $ 1,884,694   $ 28,784,670   $ 6,428,202   $ 2,155,927      
   
 
 
 
 
 
 
 
 
     
Interest on Long-term Debt     1,383,836     697,748     5,925,910     1,406,165     2,230,512     1,201,151     14,779,858     2,697,663     822,433      
Other Deductions     0     41,188     108,687     132,993     3,543     11,878     323,782     11,692     0      
   
 
 
 
 
 
 
 
 
     
    Net Margins   $ 917,323   $ 516,226   $ 6,587,410   $ 1,408,369   $ 2,475,897   $ 671,665   $ 13,681,030   $ 3,718,847   $ 1,333,494      
   
 
 
 
 
 
 
 
 
     

 

 

Sawnee


 

Slash
Pine


 

Snapping
Shoals


 

Sumter


 

Three
Notch


 

Tri-
County


 

Upson
County


 

Walton


 

Washington


 

MEMBER
TOTAL

2005                                                            
Operating Revenue & Patronage Capital     253,812,721     13,558,611     133,842,142     30,685,896     21,368,115     30,213,672     10,962,970     193,372,459     30,593,303     2,742,542,956
Depreciation and Amortization     10,540,529     567,823     6,307,976     1,931,462     1,227,062     1,962,400     610,086     8,557,649     1,702,457     148,188,213
Other Operating Expenses     227,306,608     11,941,002     121,392,749     25,242,353     19,501,858     26,009,716     9,483,282     179,250,853     27,351,961     2,432,866,220
   
 
 
 
 
 
 
 
 
 
  Electric Operating Margin   $ 15,965,584   $ 1,049,786   $ 6,141,417   $ 3,512,081   $ 639,195   $ 2,241,556   $ 869,602   $ 5,563,957   $ 1,538,885   $ 161,488,523
Other Income     1,584,923     (2,773,973 )   5,289,752     763,016     299,731     484,285     303,982     197,233     766,821     63,880,574
   
 
 
 
 
 
 
 
 
 
  Gross Operating Margin   $ 17,550,507   $ (1,724,187 ) $ 11,431,169   $ 4,275,097   $ 938,926   $ 2,725,841   $ 1,173,584   $ 5,761,190   $ 2,305,706   $ 225,369,097
   
 
 
 
 
 
 
 
 
 
Interest on Long-term Debt     9,442,014     619,298     4,626,493     1,911,688     1,105,067     2,072,353     390,297     3,672,756     1,408,614     117,014,305
Other Deductions     232,409     28,063     57,069     45,622     153,658     134,387     15,562     191,201     17,656     8,394,063
   
 
 
 
 
 
 
 
 
 
    Net Margins   $ 7,876,084   $ (2,371,548 ) $ 6,747,607   $ 2,317,787   $ (319,799 ) $ 519,101   $ 767,725   $ 1,897,233   $ 879,436   $ 99,960,729
   
 
 
 
 
 
 
 
 
 
2004                                                            
Operating Revenue & Patronage Capital     222,155,089     11,678,398     119,862,150     27,347,423     20,443,553     26,623,811     10,564,595     164,940,029     27,816,060     2,374,230,093
Depreciation and Amortization     10,469,496     494,661     6,014,721     1,862,835     1,191,392     1,804,489     590,204     8,057,552     1,661,761     137,115,105
Other Operating Expenses     196,963,300     10,384,128     97,543,150     23,487,531     18,164,757     22,433,056     9,026,465     145,461,723     23,376,948     2,030,885,032
   
 
 
 
 
 
 
 
 
 
  Electric Operating Margin   $ 14,722,293   $ 799,609   $ 16,304,279   $ 1,997,057   $ 1,087,404   $ 2,386,266   $ 947,926   $ 11,420,754   $ 2,777,351   $ 206,229,956
Other Income     (1,563,817 )   238,347     (6,085,121 )   672,699     267,512     433,922     235,647     1,688,236     378,514     34,451,224
   
 
 
 
 
 
 
 
 
 
  Gross Operating Margin   $ 13,158,476   $ 1,037,956   $ 10,219,158   $ 2,669,756   $ 1,354,916   $ 2,820,188   $ 1,183,573   $ 13,108,990   $ 3,155,865   $ 240,681,180
   
 
 
 
 
 
 
 
 
 
Interest on Long-term Debt     8,333,598     507,389     4,053,984     1,690,479     845,622     1,835,991     329,021     4,250,000     1,179,109     104,554,557
Other Deductions     333,093     500     65,994     96,260     94,684     100,889     (13,252 )   118,299     35,313     5,241,500
   
 
 
 
 
 
 
 
 
 
    Net Margins   $ 4,491,785   $ 530,067   $ 6,099,180   $ 883,017   $ 414,610   $ 883,308   $ 867,804   $ 8,740,691   $ 1,941,443   $ 130,885,123
   
 
 
 
 
 
 
 
 
 
2003                                                            
Operating Revenue & Patronage Capital     201,853,008     10,801,157     107,893,507     26,211,338     18,729,566     24,416,316     10,282,013     154,691,529     26,350,979     2,194,922,239
Depreciation and Amortization     9,838,719     507,404     6,528,206     1,798,801     1,161,805     1,663,631     513,943     7,587,246     1,643,694     130,530,887
Other Operating Expenses     175,151,590     9,516,059     87,820,830     20,831,479     17,247,707     20,197,936     8,541,747     135,113,763     22,586,254     1,865,618,466
   
 
 
 
 
 
 
 
 
 
  Electric Operating Margin   $ 16,862,699   $ 777,694   $ 13,544,471   $ 3,581,058   $ 320,054   $ 2,554,749   $ 1,226,323   $ 11,990,520   $ 2,121,031   $ 198,772,886
Other Income     (304,457 )   171,861     (2,577,176 )   557,598     235,839     399,988     213,073     1,730,218     425,248     24,774,855
   
 
 
 
 
 
 
 
 
 
  Gross Operating Margin   $ 16,558,242   $ 949,555   $ 10,967,295   $ 4,138,656   $ 555,893   $ 2,954,737   $ 1,439,396   $ 13,720,738   $ 2,546,279   $ 223,547,741
   
 
 
 
 
 
 
 
 
 
Interest on Long-term Debt     8,220,532     468,253     4,148,117     1,678,726     854,842     1,682,049     322,688     4,699,183     1,130,327     99,394,356
Other Deductions     245,788     500     89,764     51,267     108,902     93,251     93,467     102,899     10,674     4,224,584
   
 
 
 
 
 
 
 
 
 
    Net Margins   $ 8,091,922   $ 480,802   $ 6,729,414   $ 2,408,663   $ (407,851 ) $ 1,179,437   $ 1,023,241   $ 8,918,656   $ 1,405,278   $ 119,928,801
   
 
 
 
 
 
 
 
 
 

(1)
Lamar EMC, d/b/a Southern Rivers Energy

OGLETHORPE POWER CORPORATION
MEMBER FINANCIAL AND STATISTICAL INFORMATION

Table 6

CONDENSED BALANCE SHEET INFORMATION OF EACH MEMBER
(as of December 31)

 
  Altamaha
  Amicalola
  Canoochee
  Carroll
  Central
Georgia

  Coastal
  Cobb
  Colquitt
  Coweta-
Fayette

  Diverse
Power

2005                                                            
ASSETS                                                            
  Total Utility Plant(1)     73,047,646     142,425,337     80,842,257     167,688,406     140,994,451     53,235,515     527,351,322     152,148,088     222,028,870     95,725,417
  Depreciation     18,023,079     36,692,702     30,613,633     33,379,033     25,074,324     10,123,881     92,641,182     34,398,414     49,088,077     33,825,488
   
 
 
 
 
 
 
 
 
 
    Net Plant   $ 55,024,567   $ 105,732,635   $ 50,228,624   $ 134,309,373   $ 115,920,127   $ 43,111,634   $ 434,710,140   $ 117,749,674   $ 172,940,793   $ 61,899,929
  Other Assets     32,930,952     19,442,366     14,454,187     42,540,476     28,260,876     10,667,858     281,038,893     59,968,093     52,636,537     14,804,000
   
 
 
 
 
 
 
 
 
 
      Total Assets   $ 87,955,519   $ 125,175,001   $ 64,682,811   $ 176,849,849   $ 144,181,003   $ 53,779,492   $ 715,749,033   $ 177,717,767   $ 225,577,330   $ 76,703,929
   
 
 
 
 
 
 
 
 
 
EQUITY & LIABILITIES                                                            
  Equity     55,693,280     49,460,987     29,297,915     62,458,159     53,156,717     17,845,035     242,227,766     74,209,737     54,171,121     41,288,096
  Long-term Debt     22,647,691     54,038,672     22,944,872     87,231,460     75,323,960     31,194,694     329,136,448     71,102,678     127,407,233     27,537,987
  Other Liabilities     9,614,548     21,675,342     12,440,024     27,160,230     15,700,326     4,739,763     144,384,819     32,405,352     43,998,976     7,877,846
   
 
 
 
 
 
 
 
 
 
    Total Equity and Liabilities   $ 87,955,519   $ 125,175,001   $ 64,682,811   $ 176,849,849   $ 144,181,003   $ 53,779,492   $ 715,749,033   $ 177,717,767   $ 225,577,330   $ 76,703,929
   
 
 
 
 
 
 
 
 
 
2004                                                            
ASSETS                                                            
  Total Utility Plant(1)     68,342,564     134,897,748     75,330,188     157,337,727     130,773,300     49,967,739     498,436,390     144,754,068     211,408,339     91,132,307
  Depreciation     16,435,145     34,577,863     29,672,305     34,090,877     23,520,737     8,912,125     81,725,078     30,916,662     44,964,533     30,365,027
   
 
 
 
 
 
 
 
 
 
    Net Plant   $ 51,907,419   $ 100,319,885   $ 45,657,883   $ 123,246,850   $ 107,252,563   $ 41,055,614   $ 416,711,312   $ 113,837,406   $ 166,443,806   $ 60,767,280
  Other Assets     26,739,068     19,011,237     13,931,821     31,487,556     25,009,497     12,623,064     211,882,746     51,004,213     48,314,049     11,404,499
   
 
 
 
 
 
 
 
 
 
      Total Assets   $ 78,646,487   $ 119,331,122   $ 59,589,704   $ 154,734,406   $ 132,262,060   $ 53,678,678   $ 628,594,058   $ 164,841,619   $ 214,757,855   $ 72,171,779
   
 
 
 
 
 
 
 
 
 
EQUITY & LIABILITIES                                                            
  Equity     47,844,185     45,749,776     28,222,349     58,565,577     53,003,996     17,034,019     226,242,513     73,615,633     58,222,114     40,447,713
  Long-term Debt     24,974,380     55,752,169     22,635,367     71,961,423     68,490,315     32,010,779     257,165,247     59,379,886     107,736,024     25,739,043
  Other Liabilities     5,827,922     17,829,177     8,731,988     24,207,406     10,767,749     4,633,880     145,186,298     31,846,100     48,799,717     5,985,023
   
 
 
 
 
 
 
 
 
 
    Total Equity and Liabilities   $ 78,646,487   $ 119,331,122   $ 59,589,704   $ 154,734,406   $ 132,262,060   $ 53,678,678   $ 628,594,058   $ 164,841,619   $ 214,757,855   $ 72,171,779
   
 
 
 
 
 
 
 
 
 
2003                                                            
ASSETS                                                            
  Total Utility Plant(1)     65,716,093     126,268,552     55,836,478     145,860,201     120,456,268     46,822,767     469,480,570     137,311,290     189,860,340     84,999,630
  Depreciation     15,491,394     32,010,647     14,001,545     31,931,419     22,374,076     7,995,606     71,960,249     28,255,733     41,502,517     27,643,901
   
 
 
 
 
 
 
 
 
 
    Net Plant   $ 50,224,699   $ 94,257,905   $ 41,834,933   $ 113,928,782   $ 98,082,192   $ 38,827,161   $ 397,520,321   $ 109,055,557   $ 148,357,823   $ 57,355,729
  Other Assets     27,816,166     13,614,131     12,729,410     34,922,415     24,561,150     7,859,251     192,155,228     50,016,930     43,077,047     11,243,299
   
 
 
 
 
 
 
 
 
 
      Total Assets   $ 78,040,865   $ 107,872,036   $ 54,564,343   $ 148,851,197   $ 122,643,342   $ 46,686,412   $ 589,675,549   $ 159,072,487   $ 191,434,870   $ 68,599,028
   
 
 
 
 
 
 
 
 
 
EQUITY & LIABILITIES                                                            
  Equity     46,169,113     42,802,617     27,086,326     53,568,606     48,488,789     16,517,848     204,410,611     72,025,446     55,184,807     38,865,569
  Long-term Debt     25,674,730     51,132,328     19,446,222     74,284,959     61,665,307     25,835,907     258,167,551     61,372,502     98,616,628     23,756,658
  Other Liabilities     6,197,022     13,937,091     8,031,795     20,997,632     12,489,246     4,332,657     127,097,387     25,674,539     37,633,435     5,976,801
   
 
 
 
 
 
 
 
 
 
    Total Equity and Liabilities   $ 78,040,865   $ 107,872,036   $ 54,564,343   $ 148,851,197   $ 122,643,342   $ 46,686,412   $ 589,675,549   $ 159,072,487   $ 191,434,870   $ 68,599,028
   
 
 
 
 
 
 
 
 
 

 

 

Little
Ocmulgee


 

Middle
Georgia


 

Mitchell


 

Ocmulgee


 

Oconee


 

Okefe-
noke


 

Pataula


 

Planters


 

Rayle


 

Satilla

2005                                                            
ASSETS                                                            
  Total Utility Plant(1)     40,184,036     29,075,517     97,122,813     40,863,119     49,520,404     118,649,851     15,639,657     47,541,491     65,276,294     129,063,640
  Depreciation     9,531,370     7,056,088     16,066,152     9,316,601     8,886,168     28,297,560     3,603,489     13,284,393     19,253,969     22,399,160
   
 
 
 
 
 
 
 
 
 
    Net Plant   $ 30,652,666   $ 22,019,429   $ 81,056,661   $ 31,546,518   $ 40,634,236   $ 90,352,291   $ 12,036,168   $ 34,257,098   $ 46,022,325   $ 106,664,480
  Other Assets     7,133,471     5,578,076     21,222,228     9,177,557     11,275,647     21,780,432     4,134,303     11,800,558     10,009,211     36,281,198
   
 
 
 
 
 
 
 
 
 
      Total Assets   $ 37,786,137   $ 27,597,505   $ 102,278,889   $ 40,724,075   $ 51,909,883   $ 112,132,723   $ 16,170,471   $ 46,057,656   $ 56,031,536   $ 142,945,678
   
 
 
 
 
 
 
 
 
 
EQUITY & LIABILITIES                                                            
  Equity     12,727,916     11,289,344     57,819,147     16,216,290     17,356,062     37,373,023     3,073,147     21,929,852     16,244,490     52,171,103
  Long-term Debt     19,831,673     14,227,656     26,686,062     20,404,474     27,930,967     61,663,717     973,689     19,432,507     33,664,991     44,330,014
  Other Liabilities     5,226,548     2,080,505     17,773,680     4,103,311     6,622,854     13,095,983     12,123,635     4,695,297     6,122,055     46,444,561
   
 
 
 
 
 
 
 
 
 
    Total Equity and Liabilities   $ 37,786,137   $ 27,597,505   $ 102,278,889   $ 40,724,075   $ 51,909,883   $ 112,132,723   $ 16,170,471   $ 46,057,656   $ 56,031,536   $ 142,945,678
   
 
 
 
 
 
 
 
 
 
2004                                                            
ASSETS                                                            
  Total Utility Plant(1)     38,352,652     28,138,134     90,466,954     38,998,256     46,273,454     111,637,836     15,090,253     46,732,441     61,185,310     116,529,816
  Depreciation     8,981,270     6,656,787     15,137,030     8,773,805     8,030,157     26,477,547     3,777,998     13,041,979     17,731,042     20,929,891
   
 
 
 
 
 
 
 
 
 
    Net Plant   $ 29,371,382   $ 21,481,347   $ 75,329,924   $ 30,224,451   $ 38,243,297   $ 85,160,289   $ 11,312,255   $ 33,690,462   $ 43,454,268   $ 95,599,925
  Other Assets     6,566,349     4,771,339     17,336,822     7,736,474     10,782,555     18,813,437     3,221,923     9,865,256     9,139,730     36,072,290
   
 
 
 
 
 
 
 
 
 
      Total Assets   $ 35,937,731   $ 26,252,686   $ 92,666,746   $ 37,960,925   $ 49,025,852   $ 103,973,726   $ 14,534,178   $ 43,555,718   $ 52,593,998   $ 131,672,215
   
 
 
 
 
 
 
 
 
 
EQUITY & LIABILITIES                                                            
  Equity     12,719,350     11,112,912     56,405,879     16,080,589     17,098,858     38,515,615     7,630,467     20,624,890     18,201,349     53,015,041
  Long-term Debt     18,235,083     11,474,757     24,379,434     18,100,092     25,412,916     51,053,867     6,041,239     17,594,079     29,147,663     45,982,016
  Other Liabilities     4,983,298     3,665,017     11,881,433     3,780,244     6,514,078     14,404,244     862,472     5,336,749     5,244,986     32,675,158
   
 
 
 
 
 
 
 
 
 
    Total Equity and Liabilities   $ 35,937,731   $ 26,252,686   $ 92,666,746   $ 37,960,925   $ 49,025,852   $ 103,973,726   $ 14,534,178   $ 43,555,718   $ 52,593,998   $ 131,672,215
   
 
 
 
 
 
 
 
 
 
2003                                                            
ASSETS                                                            
  Total Utility Plant(1)     35,896,433     27,125,119     85,976,355     37,782,450     44,610,258     106,775,179     14,457,871     43,888,350     57,373,108     109,486,799
  Depreciation     8,630,734     6,371,485     14,446,130     8,853,387     7,311,160     23,744,324     3,611,200     12,464,658     16,271,200     19,438,837
   
 
 
 
 
 
 
 
 
 
    Net Plant   $ 27,265,699   $ 20,753,634   $ 71,530,225   $ 28,929,063   $ 37,299,098   $ 83,030,855   $ 10,846,671   $ 31,423,692   $ 41,101,908   $ 90,047,962
  Other Assets     6,170,189     4,684,073     18,567,031     7,505,540     10,101,089     19,274,556     3,004,491     9,438,527     10,115,958     32,859,126
   
 
 
 
 
 
 
 
 
 
      Total Assets   $ 33,435,888   $ 25,437,707   $ 90,097,256   $ 36,434,603   $ 47,400,187   $ 102,305,411   $ 13,851,162   $ 40,862,219   $ 51,217,866   $ 122,907,088
   
 
 
 
 
 
 
 
 
 
EQUITY & LIABILITIES                                                            
  Equity     12,520,420     11,060,830     57,417,774     15,337,849     16,757,504     38,359,472     7,391,226     20,078,624     17,959,635     52,668,151
  Long-term Debt     16,570,515     11,158,886     19,277,394     17,705,334     22,922,295     51,912,789     5,576,227     15,124,033     28,991,176     35,304,282
  Other Liabilities     4,344,953     3,217,991     13,402,088     3,391,420     7,720,388     12,033,150     883,709     5,659,562     4,267,055     34,934,655
   
 
 
 
 
 
 
 
 
 
    Total Equity and Liabilities   $ 33,435,888   $ 25,437,707   $ 90,097,256   $ 36,434,603   $ 47,400,187   $ 102,305,411   $ 13,851,162   $ 40,862,219   $ 51,217,866   $ 122,907,088
   
 
 
 
 
 
 
 
 
 

(1)
Including construction work in progress.
(2)
Lamar EMC, d/b/a Southern Rivers Energy

Table 6 (continued)

 
  Excelsior
  Grady
  GreyStone
  Habersham
  Hart
  Irwin
  Jackson
  Jefferson
  Lamar(2)
   
2005                                                            
ASSETS                                                            
  Total Utility Plant(1)     56,796,376     62,747,786     280,370,449     105,939,375     116,779,415     53,546,166     600,789,158     106,252,338     47,487,059      
  Depreciation     12,145,610     11,835,107     48,988,638     27,147,886     28,429,280     14,278,703     125,639,385     21,182,371     13,312,494      
   
 
 
 
 
 
 
 
 
     
    Net Plant   $ 44,650,766   $ 50,912,679   $ 231,381,811   $ 78,791,489   $ 88,350,135   $ 39,267,463   $ 475,149,773   $ 85,069,967   $ 34,174,565      
  Other Assets     16,691,429     14,260,338     67,204,402     18,405,146     21,892,796     7,523,635     175,320,896     27,919,439     14,336,602      
   
 
 
 
 
 
 
 
 
     
      Total Assets   $ 61,342,195   $ 65,173,017   $ 298,586,213   $ 97,196,635   $ 110,242,931   $ 46,791,098   $ 650,470,669   $ 112,989,406   $ 48,511,167      
   
 
 
 
 
 
 
 
 
     
EQUITY & LIABILITIES                                                            
  Equity     32,101,075     30,963,830     112,801,180     32,124,648     44,576,787     15,588,413     213,395,348     45,125,808     18,882,713      
  Long-term Debt     20,713,447     24,173,209     155,893,313     52,147,469     51,794,941     27,412,244     291,866,076     52,715,227     22,873,024      
  Other Liabilities     8,527,673     10,035,978     29,891,720     12,924,518     13,871,203     3,790,441     145,209,245     15,148,371     6,755,430      
   
 
 
 
 
 
 
 
 
     
    Total Equity and Liabilities   $ 61,342,195   $ 65,173,017   $ 298,586,213   $ 97,196,635   $ 110,242,931   $ 46,791,098   $ 650,470,669   $ 112,989,406   $ 48,511,167      
   
 
 
 
 
 
 
 
 
     
2004                                                            
ASSETS                                                            
  Total Utility Plant(1)     54,472,227     59,765,743     257,522,861     98,861,988     109,591,660     50,151,554     557,350,263     101,674,340     43,808,663      
  Depreciation     11,498,840     11,286,031     44,301,309     24,641,844     26,183,093     13,201,275     110,606,301     19,252,722     12,060,738      
   
 
 
 
 
 
 
 
 
     
    Net Plant   $ 42,973,387   $ 48,479,712   $ 213,221,552   $ 74,220,144   $ 83,408,567   $ 36,950,279   $ 446,743,962   $ 82,421,618   $ 31,747,925      
  Other Assets     19,594,976     12,947,286     54,846,339     21,529,892     23,846,446     8,229,718     183,373,568     25,575,216     8,536,990      
   
 
 
 
 
 
 
 
 
     
      Total Assets   $ 62,568,363   $ 61,426,998   $ 268,067,891   $ 95,750,036   $ 107,255,013   $ 45,179,997   $ 630,117,530   $ 107,996,834   $ 40,284,915      
   
 
 
 
 
 
 
 
 
     
EQUITY & LIABILITIES                                                            
  Equity     30,553,221     29,961,021     102,170,365     31,447,001     44,746,741     14,918,518     197,668,091     41,949,479     18,676,810      
  Long-term Debt     22,830,263     24,407,610     140,001,087     45,871,807     49,635,593     25,013,078     289,811,908     51,389,297     15,814,522      
  Other Liabilities     9,184,879     7,058,367     25,896,439     18,431,228     12,872,679     5,248,401     142,637,531     14,658,058     5,793,583      
   
 
 
 
 
 
 
 
 
     
    Total Equity and Liabilities   $ 62,568,363   $ 61,426,998   $ 268,067,891   $ 95,750,036   $ 107,255,013   $ 45,179,997   $ 630,117,530   $ 107,996,834   $ 40,284,915      
   
 
 
 
 
 
 
 
 
     
2003                                                            
ASSETS                                                            
  Total Utility Plant(1)     52,874,853     57,167,349     233,853,933     85,959,139     102,011,251     47,749,195     517,324,150     97,209,658     41,301,348      
  Depreciation     10,826,470     10,711,974     39,740,887     22,747,562     24,410,178     12,051,396     94,078,092     17,657,358     11,472,497      
   
 
 
 
 
 
 
 
 
     
    Net Plant   $ 42,048,383   $ 46,455,375   $ 194,113,046   $ 63,211,577   $ 77,601,073   $ 35,697,799   $ 423,246,058   $ 79,552,300   $ 29,828,851      
  Other Assets     14,349,734     12,638,644     43,102,651     19,146,774     20,397,488     7,706,453     164,797,757     22,885,041     9,293,330      
   
 
 
 
 
 
 
 
 
     
      Total Assets   $ 56,398,117   $ 59,094,019   $ 237,215,697   $ 82,358,351   $ 97,998,561   $ 43,404,252   $ 588,043,815   $ 102,437,341   $ 39,122,181      
   
 
 
 
 
 
 
 
 
     
EQUITY & LIABILITIES                                                            
  Equity     24,577,550     28,921,048     89,319,867     30,456,605     42,351,562     14,448,353     187,791,714     39,052,236     18,412,722      
  Long-term Debt     23,543,126     19,943,687     124,432,509     35,986,252     42,995,880     25,825,320     273,801,292     51,769,961     15,195,506      
  Other Liabilities     8,277,441     10,229,284     23,463,321     15,915,494     12,651,119     3,130,579     126,450,809     11,615,144     5,513,953      
   
 
 
 
 
 
 
 
 
     
    Total Equity and Liabilities   $ 56,398,117   $ 59,094,019   $ 237,215,697   $ 82,358,351   $ 97,998,561   $ 43,404,252   $ 588,043,815   $ 102,437,341   $ 39,122,181      
   
 
 
 
 
 
 
 
 
     

 

 

Sawnee


 

Slash
Pine


 

Snapping
Shoals


 

Sumter


 

Three
Notch


 

Tri-
County


 

Upson
County


 

Walton


 

Washington


 

MEMBER
TOTAL

2005                                                            
ASSETS                                                            
  Total Utility Plant(1)     362,686,977     23,670,557     191,808,458     72,646,070     42,814,086     71,305,243     20,378,222     279,324,450     60,258,261     4,844,024,577
  Depreciation     61,894,605     5,786,958     54,194,974     16,842,564     11,103,797     11,579,218     5,242,466     77,514,289     17,547,542     1,066,220,650
   
 
 
 
 
 
 
 
 
 
    Net Plant   $ 300,792,372   $ 17,883,599   $ 137,613,484   $ 55,803,506   $ 31,710,289   $ 59,726,025   $ 15,135,756   $ 201,810,161   $ 42,710,719   $ 3,777,803,927
  Other Assets     66,186,924     6,475,775     47,591,469     17,733,851     15,495,039     12,013,835     8,835,004     164,229,148     23,652,735     1,420,905,382
   
 
 
 
 
 
 
 
 
 
      Total Assets   $ 366,979,296   $ 24,359,374   $ 185,204,953   $ 73,537,357   $ 47,205,328   $ 71,739,860   $ 23,970,760   $ 366,039,309   $ 66,363,454   $ 5,198,709,309
   
 
 
 
 
 
 
 
 
 
EQUITY & LIABILITIES                                                            
  Equity     122,878,455     8,023,514     71,072,984     31,932,361     17,874,368     22,492,314     12,348,415     131,896,553     31,782,048     1,921,870,001
  Long-term Debt     190,078,992     12,295,641     78,597,298     35,137,947     23,973,300     39,577,498     8,561,906     185,385,582     29,728,019     2,420,636,578
  Other Liabilities     54,021,849     4,040,219     35,534,671     6,467,049     5,357,660     9,670,048     3,060,439     48,757,173     4,853,387     856,202,729
   
 
 
 
 
 
 
 
 
 
    Total Equity and Liabilities   $ 366,979,296   $ 24,359,374   $ 185,204,953   $ 73,537,357   $ 47,205,328   $ 71,739,860   $ 23,970,760   $ 366,039,308   $ 66,363,454   $ 5,198,709,308
   
 
 
 
 
 
 
 
 
 
2004                                                            
ASSETS                                                            
  Total Utility Plant(1)     352,085,395     23,086,878     170,433,289     71,099,213     41,680,407     65,646,559     19,725,428     262,455,732     58,262,529     4,553,460,205
  Depreciation     58,531,205     5,424,813     47,350,741     17,299,410     10,004,261     10,976,469     4,887,123     72,050,413     16,948,085     981,222,531
   
 
 
 
 
 
 
 
 
 
    Net Plant   $ 293,554,190   $ 17,662,065   $ 123,082,548   $ 53,799,803   $ 31,676,146   $ 54,670,090   $ 14,838,305   $ 190,405,319   $ 41,314,444   $ 3,572,237,674
  Other Assets     76,887,769     5,754,316     35,386,034     14,587,733     13,140,423     11,571,856     6,291,232     179,446,548     20,387,339     1,297,647,606
   
 
 
 
 
 
 
 
 
 
      Total Assets   $ 370,441,959   $ 23,416,381   $ 158,468,582   $ 68,387,536   $ 44,816,569   $ 66,241,946   $ 21,129,537   $ 369,851,867   $ 61,701,783   $ 4,869,885,280
   
 
 
 
 
 
 
 
 
 
EQUITY & LIABILITIES                                                            
  Equity     115,789,799     8,962,920     65,734,310     29,686,696     18,294,619     22,213,362     11,960,685     132,737,394     31,348,750     1,849,172,607
  Long-term Debt     195,522,020     11,851,159     61,790,776     30,673,985     20,612,436     35,364,429     6,636,804     185,347,924     24,981,374     2,210,821,851
  Other Liabilities     59,130,140     2,602,302     30,943,496     8,026,855     5,909,514     8,664,155     2,532,048     51,766,549     5,371,659     809,890,822
   
 
 
 
 
 
 
 
 
 
    Total Equity and Liabilities   $ 370,441,959   $ 23,416,381   $ 158,468,582   $ 68,387,536   $ 44,816,569   $ 66,241,946   $ 21,129,537   $ 369,851,867   $ 61,701,783   $ 4,869,885,280
   
 
 
 
 
 
 
 
 
 
2003                                                            
ASSETS                                                            
  Total Utility Plant(1)     335,467,507     22,159,717     160,752,200     66,973,767     40,585,477     61,451,844     18,784,354     245,835,697     55,420,703     4,248,866,253
  Depreciation     53,847,698     5,059,780     43,260,805     16,403,788     9,137,492     9,985,611     4,451,555     67,105,505     16,122,359     883,381,209
   
 
 
 
 
 
 
 
 
 
    Net Plant   $ 281,619,809   $ 17,099,937   $ 117,491,395   $ 50,569,979   $ 31,447,985   $ 51,466,233   $ 14,332,799   $ 178,730,192   $ 39,298,344   $ 3,365,485,044
  Other Assets     87,263,903     4,990,002     39,980,345     12,383,872     13,642,563     9,561,396     6,288,261     191,100,176     20,616,657     1,239,860,654
   
 
 
 
 
 
 
 
 
 
      Total Assets   $ 368,883,712   $ 22,089,939   $ 157,471,740   $ 62,953,851   $ 45,090,548   $ 61,027,629   $ 20,621,060   $ 369,830,368   $ 59,915,001   $ 4,605,345,698
   
 
 
 
 
 
 
 
 
 
EQUITY & LIABILITIES                                                            
  Equity     111,319,092     8,909,662     61,485,006     29,321,713     18,003,254     21,432,539     11,398,029     128,547,010     29,907,473     1,750,326,652
  Long-term Debt     201,864,600     10,451,768     67,174,569     28,112,279     19,127,736     32,787,580     6,987,358     194,828,188     24,906,176     2,124,229,510
  Other Liabilities     55,700,020     2,728,509     28,812,165     5,519,859     7,959,558     6,807,510     2,235,673     46,455,170     5,101,352     730,789,536
   
 
 
 
 
 
 
 
 
 
    Total Equity and Liabilities   $ 368,883,712   $ 22,089,939   $ 157,471,740   $ 62,953,851   $ 45,090,548   $ 61,027,629   $ 20,621,060   $ 369,830,368   $ 59,915,001   $ 4,605,345,698
   
 
 
 
 
 
 
 
 
 

(1)
Including construction work in progress.
(2)
Lamar EMC, d/b/a Southern Rivers Energy



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