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
2003
Avg. Monthly Residential Rev.($)		91.99			92.94			94.78			90.35			96.96			105.36			97.54			97.33			101.72			100.85
Avg. Monthly Residential kWh		1,125			1,081			1,193			1,050			1,221			1,301			1,122			1,234			1,185			1,313
Avg. Residential Rev.(cents per kWh)		8.18			8.60			7.95			8.60			7.94			8.10			8.69			7.89			8.58			7.68
Times Interest Earned Ratio (1)		3.43			4.18			1.58			2.91			2.78			1.72			2.69			1.73			1.87			2.32
Equity/Assets		59.2	%		39.7	%		49.6	%		36.0	%		39.5	%		35.4	%		34.7	%		45.3	%		28.8	%		56.7	%
Equity/Total Capitalization		64.3	%		45.6	%		58.2	%		41.9	%		44.0	%		39.0	%		44.2	%		54.0	%		35.9	%		62.1	%
Debt Service Coverage Ratio (1)		2.77			3.21			1.73			2.88			2.63			1.76			2.25			1.97			2.03			2.96
2002
Avg. Monthly Residential Rev.($)		92.75			91.84			88.18			91.24			97.43			102.14			100.53			97.61			105.79			103.83
Avg. Monthly Residential kWh		1,143			1,075			1,126			1,053			1,219			1,271			1,177			1,266			1,226			1,344
Avg. Residential Rev.(cents per kWh)		8.11			8.55			7.83			8.66			7.99			8.04			8.54			7.71			8.63			7.72
Times Interest Earned Ratio (1)		3.43			3.26			2.12			2.60			3.41			1.88			2.61			2.09			1.95			2.13
Equity/Assets		62.3	%		35.1	%		49.4	%		35.5%			39.0	%		34.1	%		33.5	%		46.5	%		29.5	%		57.9	%
Equity/Total Capitalization		66.2	%		40.4	%		56.1	%		41.3%			46.1	%		36.9	%		40.8	%		53.1	%		37.3	%		63.1	%
Debt Service Coverage Ratio (1)		3.31			2.77			1.21			2.67			3.13			1.86			2.14			2.26			2.06			2.77
2001
Avg. Monthly Residential Rev.($)		91.54			90.66			94.07			84.46			90.09			102.85			97.05			91.33			100.91			104.44
Avg. Monthly Residential kWh		1,091			992			1,157			992			1,148			1,210			1,086			1,189			1,154			1,293
Avg. Residential Rev.(cents per kWh)		8.39			9.14			8.13			8.52			7.84			8.50			8.94			7.68			8.74			8.08
Times Interest Earned Ratio (1)		2.58			1.98			2.31			1.59			2.00			1.83			2.19			2.28			1.71			1.44
Equity/Assets		61.1	%		30.8	%		47.6	%		35.1	%		35.8	%		31.9	%		32.5	%		48.6	%		28.2	%		56.6	%
Equity/Total Capitalization		64.3	%		35.2	%		52.9	%		41.9	%		43.2	%		34.4	%		39.2	%		54.6	%		34.0	%		61.4	%
Debt Service Coverage Ratio (1)		2.56			2.21			2.34			2.01			2.14			1.85			1.34			2.40			1.91			2.25

	Little Ocmulgee			Middle Georgia			Mitchell			Ocmulgee			Oconee			Okefe- noke			Pataula			Planters			Rayle			Satilla
2003
Avg. Monthly Residential Rev.($)		88.91			104.03			102.58			89.25			93.50			106.14			66.02			91.40			86.32			101.00
Avg. Monthly Residential kWh		1,029			1,329			1,291			1,010			1,100			1,295			791			1,229			1,002			1,243
Avg. Residential Rev.(cents per kWh)		8.64			7.82			7.95			8.84			8.50			8.20			8.34			7.43			8.62			8.13
Times Interest Earned Ratio (1)		1.63			1.02			2.64			1.42			1.16			1.35			1.34			1.43			1.09			2.35
Equity/Assets		37.4	%		43.5	%		63.7	%		42.1	%		35.4	%		37.5	%		53.4	%		49.1	%		35.1	%		42.9	%
Equity/Total Capitalization		43.0	%		49.8	%		74.9	%		46.4	%		42.2	%		42.5	%		57.0	%		57.0	%		38.3	%		59.9	%
Debt Service Coverage Ratio (1)		1.63			1.42			2.89			1.53			1.41			1.52			1.72			2.03			1.62			2.45
2002
Avg. Monthly Residential Rev.($)		91.33			98.44			105.72			89.70			96.07			107.16			69.23			94.50			85.80			100.64
Avg. Monthly Residential kWh		1,056			1,336			1,342			1,026			1,121			1,309			839			1,278			1,016			1,265
Avg. Residential Rev.(cents per kWh)		8.65			7.37			7.88			8.74			8.57			8.18			8.25			7.39			8.44			7.96
Times Interest Earned Ratio (1)		1.91			1.50			5.83			2.41			1.31			1.35			2.06			2.90			1.88			2.99
Equity/Assets		35.7	%		44.8	%		63.8	%		42.8	%		36.6	%		38.1	%		52.5	%		51.1	%		39.1	%		45.9	%
Equity/Total Capitalization		40.7	%		48.4	%		72.0	%		47.2	%		41.6	%		42.3	%		55.8	%		57.2	%		42.9	%		59.0	%
Debt Service Coverage Ratio (1)		1.88			1.59			4.58			2.24			1.50			1.52			2.22			2.98			2.14			2.87
2001
Avg. Monthly Residential Rev.($)		84.87			99.48			100.56			84.96			91.04			103.38			66.29			91.13			85.13			96.86
Avg. Monthly Residential kWh		997			1,269			1,221			973			1,063			1,221			802			1,211			975			1,220
Avg. Residential Rev.(cents per kWh)		8.52			7.84			8.24			8.73			8.57			8.46			8.26			7.53			8.73			7.94
Times Interest Earned Ratio (1)		1.69			1.57			2.61			2.18			1.31			2.03			2.58			2.22			1.76			1.80
Equity/Assets		37.4	%		44.4	%		62.5	%		44.1	%		38.2	%		37.5	%		53.7	%		52.2	%		38.8	%		46.8	%
Equity/Total Capitalization		42.3	%		51.2	%		69.7	%		48.1	%		43.4	%		42.2	%		56.3	%		61.4	%		41.6	%		57.3	%
Debt Service Coverage Ratio (1)		1.72			1.65			2.82			2.15			1.51			2.01			2.58			2.53			2.01			2.09

(1) TIER and DSCR were calculated from information contained on each Member’s RUS Form 7.  Adjustments have not been made for items such as debt refinancings due to the unavailability of such information on the RUS Form 7. 

Table 1 (continued)

	Excelsior			Flint			Grady			GreyStone			Habersham			Hart			Irwin			Jackson			Jefferson			Lamar
2003
Avg. Monthly Residential Rev.($)		86.19			102.92			112.53			87.36			81.07			85.65			106.56			92.21			100.02			98.24
Avg. Monthly Residential kWh		1,269			1,324			1,178			1,130			990			1,041			1,125			1,171			1,135			1,194
Avg. Residential Rev.(cents per kWh)		6.79			7.77			9.55			7.73			8.19			8.23			9.47			7.88			8.82			8.23
Times Interest Earned Ratio (1)		1.66			3.16			1.74			2.11			2.00			2.11			1.56			1.93			2.38			2.62
Equity/Assets		43.6	%		44.7	%		48.9	%		37.7	%		37.0	%		43.2	%		33.3	%		31.9	%		38.1	%		47.1	%
Equity/Total Capitalization		51.1	%		50.0	%		59.2	%		41.8	%		45.8	%		49.6	%		35.9	%		40.7	%		43.0	%		54.8	%
Debt Service Coverage Ratio (1)		1.90			2.65			2.17			1.38			2.32			2.25			1.86			2.10			2.21			1.54
2002
Avg. Monthly Residential Rev.($)		89.42			104.30			104.68			90.33			81.09			88.25			109.61			93.32			102.64			101.04
Avg. Monthly Residential kWh		1,293			1,337			1,141			1,181			1,005			1,074			1,156			1,199			1,180			1,227
Avg. Residential Rev.(cents per kWh)		6.91			7.80			9.18			7.65			8.07			8.22			9.48			7.78			8.70			8.24
Times Interest Earned Ratio (1)		1.78			3.65			5.09			4.40			2.05			3.20			2.11			2.23			2.61			4.42
Equity/Assets		42.6	%		43.6	%		50.5	%		38.0	%		39.4	%		42.4	%		32.8	%		33.2	%		35.4	%		45.5	%
Equity/Total Capitalization		49.4	%		47.7	%		58.1	%		43.3	%		53.4	%		48.1	%		34.3	%		42.4	%		39.9	%		52.4	%
Debt Service Coverage Ratio (1)		1.87			2.88			4.29			3.75			2.50			3.09			2.35			2.36			2.49			3.97
2001
Avg. Monthly Residential Rev.($)		87.72			100.30			101.28			84.50			76.72			83.35			109.06			89.50			98.49			94.51
Avg. Monthly Residential kWh		1,238			1,279			1,115			1,125			956			1,034			1,095			1,137			1,110			1,148
Avg. Residential Rev.(cents per kWh)		7.08			7.84			9.08			7.51			8.03			8.06			9.96			7.87			8.87			8.23
Times Interest Earned Ratio (1)		1.59			2.32			3.01			2.71			2.02			2.27			1.98			2.05			2.23			2.69
Equity/Assets		43.5	%		39.7	%		45.2	%		37.0	%		40.9	%		43.0	%		31.2	%		33.8	%		33.2	%		46.8	%
Equity/Total Capitalization		49.2	%		43.2	%		53.9	%		45.2	%		50.3	%		48.7	%		33.3	%		39.8	%		39.2	%		52.9	%
Debt Service Coverage Ratio (1)		2.01			2.17			3.15			2.64			2.48			2.49			2.25			2.33			2.26			2.93

	Sawnee			Slash Pine			Snapping Shoals			Sumter			Three Notch			Tri- County			Upson County			Walton			Washington			MEMBER TOTAL
2003
Avg. Monthly Residential Rev.($)		107.55			99.16			98.49			116.13			88.97			92.42			87.63			97.90			90.91			96.67
Avg. Monthly Residential kWh		1,195			1,252			1,252			1,413			937			1,142			1,076			1,254			1,051			1,177
Avg. Residential Rev.(cents per kWh)		9.00			7.92			7.87			8.22			9.49			8.09			8.14			7.81			8.65			8.21
Times Interest Earned Ratio (1)		1.98			2.03			2.62			2.43			0.52			1.70			4.17			2.90			2.24			2.25	(2)
Equity/Assets		30.2	%		40.3	%		39.0	%		46.6	%		39.9	%		35.1	%		55.3	%		34.8	%		49.9	%		38.3	%(2)
Equity/Total Capitalization		35.5	%		46.0	%		47.8	%		51.1	%		48.5	%		39.5	%		62.0	%		39.8	%		54.6	%		45.4	%(2)
Debt Service Coverage Ratio (1)		2.03			1.93			2.63			2.33			0.40			1.85			3.62			1.59			2.17			2.06	(2)
2002
Avg. Monthly Residential Rev.($)		111.85			94.90			101.03			117.41			103.94			92.16			87.23			101.82			93.35			98.60
Avg. Monthly Residential kWh		1,238			1,281			1,302			1,453			1,165			1,171			1,067			1,299			1,081			1,209
Avg. Residential Rev.(cents per kWh)		9.03			7.41			7.76			8.08			8.92			7.87			8.17			7.84			8.64			8.15
Times Interest Earned Ratio (1)		2.02			2.36			2.56			2.82			1.24			1.98			5.54			4.17			2.08			2.64	(2)
Equity/Assets		30.4	%		41.6	%		36.6	%		43.4	%		42.4	%		36.3	%		54.3	%		33.7	%		52.5	%		38.3	%(2)
Equity/Total Capitalization		35.3	%		47.0	%		44.8	%		47.9	%		47.0	%		45.1	%		60.4	%		38.0	%		57.2	%		44.9	%(2)
Debt Service Coverage Ratio (1)		2.14			2.12			2.67			2.54			1.29			2.04			4.76			2.26			1.68			2.41	(2)
2001
Avg. Monthly Residential Rev.($)		105.07			95.31			95.58			112.54			93.60			89.39			82.59			95.99			90.39			94.25
Avg. Monthly Residential kWh		1,150			1,194			1,232			1,381			1,089			1,105			1,019			1,226			1,018			1,141
Avg. Residential Rev.(cents per kWh)		9.13			7.98			7.76			8.15			8.59			8.09			8.11			7.83			8.88			8.26
Times Interest Earned Ratio (1)		1.82			2.28			1.74			2.46			1.99			1.87			3.37			1.75			1.61			2.03	(2)
Equity/Assets		29.0	%		43.1	%		37.8	%		40.8	%		44.0	%		37.1	%		52.8	%		27.8	%		51.1	%		37.2	%(2)
Equity/Total Capitalization		32.6	%		51.2	%		45.3	%		45.2	%		48.1	%		46.6	%		58.6	%		31.1	%		55.1	%		43.0	%(2)
Debt Service Coverage Ratio (1)		2.05			2.11			2.06			2.29			1.93			1.98			3.48			1.55			1.73			2.02	(2)

(2) Weighted Average.

OGLETHORPE POWER CORPORATION
MEMBER FINANCIAL AND STATISTICAL INFORMATION

Table 2

AVERAGE NUMBER OF CONSUMERS SERVED BY EACH MEMBER

									Central Georgia								Coweta- Fayette		Diverse Power
	Altamaha		Amicalola		Canoochee		Carroll				Coastal		Cobb		Colquitt
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
2002
Residential Service		16,435		33,265		18,197		41,609		35,527		11,586		150,181		48,313		57,101		22,186
Commercial & Industrial		1,586		3,453		287		2,099		2,319		1,386		11,337		2,600		3,795		2,869
Other		96		7		246		377		69		124		5,362		1,568		387		167
Total Consumers Served		18,117		36,725		18,730		44,085		37,915		13,095		166,879		52,481		61,283		25,222
2001
Residential Service		16,109		31,843		16,622		39,732		33,898		11,204		145,119		47,341		54,649		21,702
Commercial & Industrial		1,548		3,304		262		2,027		2,193		1,354		10,517		2,398		3,477		2,752
Other		95		7		192		374		63		123		5,055		1,500		342		167
Total Consumers Served		17,752		35,154		17,076		42,133		36,154		12,681		160,691		51,239		58,468		24,620

	Little Ocmulgee		Middle Georgia								Okefe- noke
					Mitchell		Ocmulgee		Oconee				Pataula		Planters		Rayle		Satilla
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
2002
Residential Service		9,660		4,634		20,197		10,027		11,069		26,660		4,509		14,401		16,085		44,465
Commercial & Industrial		94		1,542		967		570		722		1,753		206		530		1,251		2,215
Other		295		575		1,353		352		147		318		183		522		0		1,243
Total Consumers Served		10,049		6,751		22,517		10,949		11,937		28,731		4,898		15,453		17,336		47,923
2001
Residential Service		9,485		4,573		20,035		9,893		11,037		25,942		4,444		14,128		15,758		43,644
Commercial & Industrial		93		1,539		934		559		603		1,675		209		525		1,232		2,149
Other		291		558		1,266		356		152		326		165		507		0		1,182
Total Consumers Served		9,869		6,670		22,235		10,808		11,791		27,943		4,818		15,160		16,991		46,975

Table 2 (continued)

	Excelsior		Flint		Grady		GreyStone		Habersham		Hart		Irwin		Jackson		Jefferson		Lamar
2003
Residential Service		17,847		59,911		16,012		85,004		28,114		27,679		10,195		159,485		29,527		15,876
Commercial & Industrial		1,208		7,561		395		7,697		2,175		5,765		127		12,332		1,390		959
Other		221		561		483		784		5		3		734		2,554		191		11
Total Consumers Served		19,276		68,033		16,890		93,485		30,294		33,447		11,056		174,371		31,108		16,846
2002
Residential Service		17,506		58,150		17,052		79,710		27,409		27,407		10,121		153,314		29,245		15,403
Commercial & Industrial		1,149		7,364		384		7,090		2,111		5,535		131		12,113		1,338		946
Other		218		623		723		707		5		4		699		2,161		182		11
Total Consumers Served		18,873		66,137		18,159		87,507		29,525		32,946		10,951		167,588		30,765		16,360
2001
Residential Service		17,142		55,983		16,178		74,904		26,571		26,943		10,043		144,996		29,827		14,922
Commercial & Industrial		1,104		7,147		375		6,637		2,087		5,336		133		10,394		566		925
Other		212		599		595		629		7		4		673		2,213		91		10
Total Consumers Served		18,458		63,728		17,148		82,170		28,665		32,283		10,849		157,603		30,484		15,857

			Slash Pine		Snapping Shoals				Three Notch		Tri- County		Upson County						MEMBER TOTAL
	Sawnee						Sumter								Walton		Washington
2003
Residential Service		108,810		6,574		72,315		13,609		13,880		17,296		7,968		94,631		13,973		1,407,816
Commercial & Industrial		10,370		310		4,049		4,158		577		1,340		964		6,349		495		112,161
Other		2,714		134		0		177		430		0		102		1,465		21		24,332
Total Consumers Served		121,894		7,018		76,364		17,944		14,887		18,636		9,034		102,445		14,489		1,544,310
2002
Residential Service		104,444		6,467		68,085		13,435		11,696		16,796		7,855		90,944		13,790		1,364,935
Commercial & Industrial		9,813		301		3,968		4,108		448		1,307		1,014		6,135		495		107,330
Other		2,630		134		0		169		535		0		103		1,431		20		23,745
Total Consumers Served		116,887		6,902		72,053		17,712		12,679		18,103		8,972		98,509		14,305		1,496,010
2001
Residential Service		99,663		6,300		63,231		13,228		11,937		16,224		7,773		87,294		13,490		1,313,805
Commercial & Industrial		9,168		294		3,824		4,061		548		1,267		976		5,961		500		100,651
Other		2,543		130		0		158		425		0		105		1,362		19		22,494
Total Consumers Served		111,374		6,724		67,055		17,447		12,910		17,491		8,854		94,617		14,009		1,436,951

OGLETHORPE POWER CORPORATION
MEMBER FINANCIAL AND STATISTICAL INFORMATION

Table 3

ANNUAL MWh SALES BY CONSUMER CLASS OF EACH MEMBER

									Central Georgia								Coweta- Fayette		Diverse Power
	Altamaha		Amicalola		Canoochee		Carroll				Coastal		Cobb		Colquitt
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
2002
Residential Service		225,509		428,933		245,947		525,988		519,824		176,661		2,120,992		733,880		840,001		357,912
Commercial & Industrial		379,641		74,356		87,708		312,626		228,293		112,900		1,105,670		797,965		334,934		94,657
Other		2,916		130		4,556		6,182		402		2,129		135,424		60,127		12,228		5,815
Total MWh Sales		608,066		503,418		338,211		844,796		748,518		291,690		3,362,086		1,591,971		1,187,163		458,383
2001
Residential Service		210,826		378,960		230,803		472,882		467,159		162,744		1,890,997		675,249		757,023		336,632
Commercial & Industrial		368,669		66,947		83,723		312,560		207,819		101,025		1,065,914		781,340		287,986		95,419
Other		2,953		125		4,250		5,744		495		1,993		129,957		49,603		9,679		5,480
Total MWh Sales		582,448		446,032		318,776		791,186		675,473		265,762		3,086,869		1,506,193		1,054,688		437,531

	Little Ocmulgee		Middle Georgia								Okefe- noke
					Mitchell		Ocmulgee		Oconee				Pataula		Planters		Rayle		Satilla
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
2002
Residential Service		122,424		74,269		325,220		123,509		148,926		418,887		45,391		220,843		196,119		675,011
Commercial & Industrial		44,832		30,308		67,267		36,887		79,224		52,332		35,514		16,584		33,891		232,384
Other		3,797		7,270		34,978		4,474		2,958		15,056		8,283		8,586		0		20,386
Total MWh Sales		171,053		111,847		427,465		164,870		231,109		486,274		89,188		246,013		230,011		927,781
2001
Residential Service		113,424		69,612		293,521		115,548		140,725		380,249		42,776		205,234		184,424		638,907
Commercial & Industrial		40,230		29,275		64,726		33,872		88,087		51,009		35,838		17,397		32,630		237,258
Other		3,536		5,507		31,092		3,134		2,158		13,920		7,525		7,268		0		16,994
Total MWh Sales		157,190		104,393		389,339		152,554		230,970		445,178		86,139		229,899		217,055		893,159

Table 3 (continued)

	Excelsior		Flint		Grady		GreyStone		Habersham		Hart		Irwin		Jackson		Jefferson		Lamar
2003
Residential Service		271,740		951,841		226,291		1,153,051		333,969		345,602		137,597		2,240,198		402,032		227,414
Commercial & Industrial		63,895		436,325		28,877		684,553		83,589		142,012		15,818		1,480,741		98,456		44,347
Other		2,230		25,474		9,651		7,930		80		584		8,687		174,779		5,067		4,588
Total MWh Sales		337,864		1,413,640		264,819		1,845,534		417,638		488,198		162,102		3,895,718		505,555		276,349
2002
Residential Service		271,680		933,200		233,419		1,129,605		330,417		353,109		140,455		2,205,408		414,024		226,757
Commercial & Industrial		63,072		427,621		24,325		663,583		84,170		143,009		18,664		1,475,506		89,617		47,393
Other		4,301		26,160		11,731		7,219		80		2,196		13,122		142,997		8,555		4,147
Total MWh Sales		339,054		1,386,980		269,475		1,800,407		414,667		498,314		172,241		3,823,911		512,195		278,296
2001
Residential Service		254,707		859,109		216,442		1,011,049		304,700		334,217		132,009		1,978,615		397,265		205,578
Commercial & Industrial		59,550		415,219		18,924		613,798		79,767		131,808		18,270		1,391,541		67,812		47,212
Other		4,141		23,998		11,050		6,566		84		3,221		10,365		144,504		7,154		3,771
Total MWh Sales		318,398		1,298,326		246,416		1,631,413		384,551		469,246		160,644		3,514,660		472,230		256,562

			Slash Pine		Snapping Shoals				Three Notch		Tri- County		Upson County						MEMBER TOTAL
	Sawnee						Sumter								Walton		Washington
2003
Residential Service		1,560,593		98,754		1,086,059		230,710		156,081		237,077		102,875		1,423,810		176,204		19,881,710
Commercial & Industrial		749,412		46,163		350,016		73,152		22,841		72,002		16,464		547,656		203,896		9,547,681
Other		27,466		5,562		0		3,430		10,178		0		1,719		70,036		338		653,673
Total MWh Sales		2,337,471		150,479		1,436,075		307,292		189,100		309,079		121,059		2,041,503		380,438		30,083,065
2002
Residential Service		1,551,874		99,388		1,063,497		234,225		163,568		236,073		100,601		1,417,561		178,825		19,809,931
Commercial & Industrial		723,337		45,277		337,943		74,935		22,917		74,806		16,728		535,325		192,970		9,219,169
Other		26,331		5,301		0		7,702		17,250		0		1,591		67,138		715		682,229
Total MWh Sales		2,301,542		149,966		1,401,440		316,862		203,734		310,878		118,920		2,020,025		372,510		29,711,329
2001
Residential Service		1,375,873		90,299		934,648		219,180		156,029		215,171		95,017		1,284,073		164,820		17,996,497
Commercial & Industrial		667,219		40,491		313,422		73,082		21,527		67,608		16,762		516,249		188,126		8,750,113
Other		24,254		4,942		0		6,926		14,579		0		1,462		58,629		695		627,754
Total MWh Sales		2,067,345		135,731		1,248,070		299,188		192,136		282,778		113,241		1,858,951		353,640		27,374,364

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
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
2002
Residential Service	$	18,292,833	$	36,660,855	$	19,255,389	$	45,555,032		$	41,537,674	$	14,200,314	$	181,171,226	$	56,592,707		$	72,486,388		$	27,641,873
Commercial & Industrial		14,289,260		6,557,675		5,618,896		16,808,286			12,925,691		5,539,229		70,279,677		27,270,755			22,988,521			7,373,560
Other		204,008		17,993		439,730		600,317			84,496		219,188		10,566,702		4,615,287			979,862			548,790
Total Electric Sales		32,786,101		43,236,523		25,314,015		62,963,635			54,547,861		19,958,731		262,017,605		88,478,749			96,454,771			35,564,223
Other Operating Revenue		414,771		2,651,109		293,289		1,155,462					459,131		7,042,344		(2,835,675	)		(938,300	)		1,026,615
Total Operating Revenue		33,200,872		45,887,632		25,607,304		64,119,097			54,547,861		20,417,862		269,059,949		85,643,074			95,516,471			36,590,838
2001
Residential Service	$	17,694,663	$	34,643,781	$	18,763,030	$	40,268,249		$	36,647,260	$	13,828,619	$	168,997,365	$	51,881,176		$	66,174,932		$	27,199,015
Commercial & Industrial		13,818,912		6,233,543		5,479,378		15,908,619			11,580,661		5,350,535		66,261,528		26,530,856			20,738,403			7,505,801
Other		205,014		16,363		402,902		548,980			79,920		214,178		10,400,040		3,836,476			868,001			538,535
Total Electric Sales		31,718,589		40,893,687		24,645,310		56,725,848			48,307,841		19,393,332		245,658,933		82,248,508			87,781,336			35,243,351
Other Operating Revenue		464,543		2,958,665		375,225		(43,399	)		1,407,643		447,117		7,184,754		(143,928	)		3,310,981			1,001,265
Total Operating Revenue		32,183,132		43,852,352		25,020,535		56,682,449			49,715,484		19,840,449		252,843,687		82,104,580			91,092,317			36,244,616
	Little Ocmulgee		Middle Georgia		Mitchell		Ocmulgee			Oconee		Okefe- noke		Pataula		Planters			Rayle			Satilla
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
2002
Residential Service		10,587,036		5,473,832		25,622,401		10,793,454			12,760,304		34,283,488		3,746,056		16,331,330			16,560,854			53,701,712
Commercial & Industrial		2,526,508		2,602,315		4,972,115		2,446,335			4,380,193		4,089,330		1,790,383		1,048,324			2,577,587			10,275,317
Other		324,408		858,508		2,919,997		489,844			250,719		995,274		668,722		690,257			0			1,698,511
Total Electric Sales		13,437,952		8,934,655		33,514,513		13,729,633			17,391,216		39,368,092		6,205,161		18,069,911			19,138,441			65,675,540
Other Operating Revenue		236,580		158,920		1,106,351		472,744			540,378		751,322		116,601		626,447			145,206			228,279
Total Operating Revenue		13,674,532		9,093,575		34,620,864		14,202,377			17,931,594		40,119,414		6,321,762		18,696,358			19,283,647			65,903,819
2001
Residential Service	$	9,660,346	$	5,459,142	$	24,175,889	$	10,085,918		$	12,056,971	$	32,181,892	$	3,535,337	$	15,450,701		$	16,098,118		$	50,729,582
Commercial & Industrial		2,242,057		2,660,745		4,806,817		2,317,608			4,778,950		4,053,841		1,720,938		1,102,432			2,585,830			9,906,641
Other		288,537		700,996		2,614,859		387,464			197,757		971,223		589,026		606,200			0			1,446,159
Total Electric Sales		12,190,940		8,820,883		31,597,565		12,790,990			17,033,678		37,206,956		5,845,301		17,159,333			18,683,948			62,082,382
Other Operating Revenue		212,431		165,346		984,301		498,466			553,551		777,370		94,661		596,066			145,815			(263,116	)
Total Operating Revenue		12,403,371		8,986,229		32,581,866		13,289,456			17,587,229		37,984,326		5,939,962		17,755,399			18,829,763			61,819,266

Table 4 (continued)

	Excelsior			Flint		Grady			GreyStone		Habersham			Hart		Irwin		Jackson			Jefferson		Lamar
2003
Residential Service	$	18,457,796		$	73,992,369	$	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			27,609,141		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			2,037,763		979,460			1,325,264		7,034			33,700	$	998,980		13,259,464			590,511		287,281
Total Electric Sales		22,899,191			103,639,273		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	)		3,835,067		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			107,474,340		25,751,397			138,487,826		34,054,801			41,258,465		15,893,679		274,262,953			43,886,505		22,625,078
2002
Residential Service	$	18,783,648		$	72,777,802	$	21,419,076		$	86,398,816	$	26,670,892		$	29,025,554	$	13,312,548	$	171,689,611		$	36,019,864	$	18,675,602
Commercial & Industrial		4,118,981			27,342,312		1,858,112			42,161,627		5,914,812			11,177,500		1,586,724		94,616,206			5,953,988		3,007,231
Other		373,334			2,037,670		1,091,997			1,199,703		7,034			124,665		1,391,111		10,937,262			767,530		272,900
Total Electric Sales		23,275,963			102,157,784		24,369,185			129,760,146		32,592,738			40,327,719		16,290,383		277,243,079			42,741,382		21,955,733
Other Operating Revenue		(1,330,974	)		3,258,276		905,370			3,612,431		(351,377	)		1,315,491		528,380		(18,496,950	)		1,508,886		675,410
Total Operating Revenue		21,944,989			105,416,060		25,274,555			133,372,577		32,241,361			41,643,210		16,818,763		258,746,129			44,250,268		22,631,143
2001
Residential Service	$	18,043,392		$	67,381,021	$	19,662,669		$	75,948,765	$	24,463,430		$	26,947,378	$	13,143,642	$	155,725,110		$	35,250,360	$	16,924,100
Commercial & Industrial		3,966,041			26,029,194		1,457,256			38,779,680		5,549,721			10,215,726		1,611,993		89,185,719			4,358,300		2,918,014
Other		370,362			1,906,950		1,019,697			1,083,059		7,251			178,614		1,239,126		11,237,432			585,913		274,804
Total Electric Sales		22,379,795			95,317,165		22,139,622			115,811,504		30,020,402			37,341,718		15,994,761		256,148,261			40,194,573		20,116,918
Other Operating Revenue		(502,265	)		2,877,888		(473,621	)		3,441,275		1,061,766			1,279,976		394,399		(16,265,636	)		1,471,754		702,100
Total Operating Revenue		21,877,530			98,195,053		21,666,001			119,252,779		31,082,168			38,621,694		16,389,160		239,882,625			41,666,327		20,819,018
							-
	Sawnee			Slash Pine		Snapping Shoals			Sumter		Three Notch			Tri County		Upson County		Walton			Washington		MEMBER TOTAL
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	$	1,633,148,843
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		587,712,540
Other		3,345,411			356,354		0			444,612		1,394,446			0		163,607		6,293,877			32,265		56,091,4000
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		2,276,952,783
Other Operating Revenue		1,622,008			60,090		1,989,404			572,507		353,507			611,827		329,932		374,536			508,985		25,115,218
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		2,302,068,001
2002
Residential Service		140,182,336			7,364,868		82,541,624			18,929,249		14,587,679			18,575,322		8,222,726		111,117,027			15,448,022	$	1,614,997,024
Commercial & Industrial		54,417,171			2,260,088		19,425,900			6,335,650		2,039,168			4,501,205		1,471,846		35,868,474			10,025,492		560,442,444
Other		3,182,339			313,554		0			676,511		1,840,457			0		162,609		6,013,707			47,508		57,612,504
Total Electric Sales		197,781,846			9,938,510		101,967,524			25,941,410		18,467,304			23,076,527		9,857,181		152,999,208			25,521,022		2,233,051,972
Other Operating Revenue		(1,749,913	)		59,729		(757,517	)		440,675		363,347			598,604		300,494		(435,636	)		489,246		4,585,546
Total Operating Revenue		196,031,933			9,998,239		101,210,007			26,382,085		18,830,651			23,675,131		10,157,675		152,563,572			26,010,268		2,237,637,518
2001
Residential Service	$	125,658,549		$	7,205,220	$	72,522,641		$	17,864,635	$	13,408,289		$	17,403,267	$	7,704,071	$	100,548,464		$	14,632,260	$	1,485,969,249
Commercial & Industrial		50,359,362			2,313,046		17,011,860			6,155,495		1,921,738			4,169,760		1,458,607		34,840,315			10,040,042		527,925,964
Other		2,790,991			321,071		0			616,265		1,612,785			0		148,890		5,345,402			48,670		53,699,912
Total Electric Sales		178,808,902			9,839,337		89,534,501			24,636,395		16,942,812			21,573,027		9,311,568		140,734,181			24,720,972		2,067,595,125
Other Operating Revenue		(1,157,840	)		59,010		(1,186,961	)		308,398		354,304			605,433		285,361		(602,153	)		446,562		13,827,507	)
Total Operating Revenue		177,651,062			9,898,347		88,347,540			24,944,793		17,297,116			22,178,460		9,596,929		140,132,028			25,167,534		2,081,422,632

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			Excelsior		Flint		Grady
2003
Operating Margin		1,629,848			6,015,348			85,660		5,861,557		4,230,079		688,944		13,624,052		924,573		2,063,515		1,223,509			409,423		7,697,740		393,785
Non-Operating Margins--Interest		165,745			187,670			332,413		183,977		131,713		16,338		3,081,204		433,026		309,145		183,740			138,325		198,573		64,879
G & T Credits		376,781			(46,587	)		288,054		187,897		572,390		247,974		3,794,381		797,807		1,288,423		166,474			276,049		1,282,523		229,260
Other Capital Credits		143,951			103,753			28,391		241,543		235,396		34,437		1,411,475		56,973		585,084		244,869			115,497		536,835		30,092
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			22,840,278		107,474,340		25,751,397
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			1,482,259		6,608,793		1,743,300
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			19,564,760		88,400,036		22,875,376
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		$	1,793,259	$	12,465,511	$	1,132,721
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			507,900		1,999,429		122,441
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		$	2,301,159	$	14,464,940	$	1,255,162
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			1,383,836		4,487,987		697,748
Other Deductions		(27,271	)		11,360			13,519		26,701		186,393		8,328		1,143,966		0		740,827		20,343			0		279,784		41,188
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		$	917,323	$	9,697,169	$	516,226
2002
Operating Margin		1,121,049			5,886,610			731,127		4,460,581		5,335,501		850,148		13,538,731		1,868,544		2,020,940		3,011,266			584,851		9,533,975		2,605,206
Non-Operating Margins--Interest		177,728			203,682			132,916		146,941		197,365		27,092		3,284,857		352,463		263,871		200,476			169,218		158,151		73,979
G & T Credits		502,890			(904,010	)		384,426		204,214		678,512		350,943		4,421,748		911,627		1,329,902		(2,004,454	)		312,381		1,135,183		285,599
Other Capital Credits		227,931			146,558			82,547		254,686		363,843		48,200		1,652,741		54,557		714,246		333,957			154,649		548,868		62,288
Operating Revenue & Patronage Capital	$	33,200,872			45,887,632			25,607,306		64,119,097		56,391,561		20,417,862		269,059,949		85,643,074		95,516,470		36,590,838			21,944,989		105,416,060		25,274,555
Depreciation and Amortization		1,790,288			3,981,904			1,676,789		4,589,403		3,168,740		1,310,188		13,830,477		3,941,507		5,361,671		3,158,115			1,445,437		6,373,985		1,525,907
Other Operating Expenses		28,483,463			33,656,258			21,879,858		51,733,445		44,860,892		16,810,039		226,107,963		76,915,695		82,551,497		28,941,035			18,517,072		84,562,730		20,281,822
Electric Operating Margin	$	2,927,121		$	8,249,470		$	2,050,659	$	7,796,249	$	8,361,929	$	2,297,635	$	29,121,509	$	4,785,872	$	7,603,302	$	4,491,688		$	1,982,480	$	14,479,345	$	3,466,826
Other Income		860,919			(547,135	)		599,889		661,795		1,105,554		426,235		9,178,914		1,317,711		2,481,630		(1,353,231	)		500,040		1,847,759		860,286
Gross Operating Margin	$	3,788,040		$	7,702,335		$	2,650,548	$	8,458,044	$	9,467,483	$	2,723,870	$	38,300,423	$	6,103,583	$	10,084,932	$	3,138,457		$	2,482,520	$	16,327,104	$	4,327,112
Interest on Long-term Debt		1,101,913			2,362,860			1,186,922		3,194,496		2,671,424		1,445,954		14,095,803		2,917,328		4,758,422		1,468,715			1,397,629		4,301,289		846,810
Other Deductions		10,820			0			132,610		141,172		355,004		1,533		1,486,975		0		823,940		11,707			0		644,081		14,810
Net Margins	$	2,675,307		$	5,339,475		$	1,331,016	$	5,122,376	$	6,441,055	$	1,276,383	$	22,717,645	$	3,186,255	$	4,502,570	$	1,658,035		$	1,084,891	$	11,381,734	$	3,465,492
2001
Operating Margin		1,118,818			4,206,382			1,193,250		1,058,431		1,280,193		893,125		8,345,939		2,586,244		368,834		2,416,480			137,926		5,286,662		803,175
Non-Operating Margins--Interest		472,372			131,731			127,000		156,644		279,062		56,508		3,215,053		513,165		268,283		219,028			175,631		218,009		58,943
G & T Credits		432,206			(1,915,964	)		330,028		73,432		7,248		267,800		4,275,844		832,249		1,207,592		(2,268,145	)		335,792		1,217,654		272,264
Other Capital Credits		222,390			165,954			80,465		213,232		704,430		81,455		1,695,586		221,029		1,022,230		214,605			112,597		741,183		198,073
Operating Revenue & Patronage Capital	$	32,183,133		$	43,852,352		$	25,020,535	$	56,682,449	$	49,715,484	$	19,840,449	$	252,843,687	$	82,104,580	$	91,092,317	$	35,093,997		$	21,877,530	$	98,195,053	$	21,666,001
Depreciation and Amortization		1,714,869			3,753,266			1,680,658		4,151,087		2,898,218		1,266,662		0		3,789,060		5,003,222		2,973,266			1,402,890		5,963,212		1,472,486
Other Operating Expenses		27,975,351			33,170,921			20,820,833		47,955,567		42,110,204		16,105,372		226,967,571		72,475,975		79,653,047		28,078,552			18,979,369		81,037,999		18,188,179
Electric Operating Margin	$	2,492,913		$	6,928,165		$	2,519,044	$	4,575,795	$	4,707,062	$	2,468,415	$	25,876,116	$	5,839,545	$	6,436,048	$	4,042,179		$	1,495,271	$	11,193,842	$	2,005,336
Other Income		890,227			(1,614,455	)		537,493		816,557		1,254,883		405,763		10,187,956		1,565,768		2,803,576		(1,713,083	)		668,321		2,262,093		1,111,408
Gross Operating Margin	$	3,383,140		$	5,313,710		$	3,056,537	$	5,392,352	$	5,961,945	$	2,874,178	$	36,064,072	$	7,405,313	$	9,239,624	$	2,329,096		$	2,163,592	$	13,455,935	$	3,116,744
Interest on Long-term Debt		1,268,534			2,632,584			1,322,902		3,164,790		2,529,373		1,573,405		15,625,828		3,253,301		4,494,244		1,580,910			1,357,345		5,709,462		950,751
Other Deductions		105,561			89,199			2,892		352,574		897,496		1,885		1,904,349		0		1,572,970		44,789			0		197,718		251,410
Net Margins	$	2,009,045		$	2,591,927		$	1,730,743	$	1,874,988	$	2,535,076	$	1,298,888	$	18,533,895	$	4,152,012	$	3,172,410	$	703,397		$	806,247	$	7,548,755	$	1,914,583

	Little Ocmulgee			Middle Georgia			Mitchell		Ocmulgee		Oconee			Okefe- noke			Pataula			Planters		Rayle			Satilla		Sawnee			Slash Pine		Snapping Shoals
2003
Operating Margin		393,685			(154,896	)		968,500		251,909		(154,405	)		338,306			(26,684	)		4,725		(291,210	)		1,044,392		8,396,379			308,941		9,306,590
Non-Operating Margins--Interest		38,605			21,926			45,905		56,973		42,560			41,607			23,348			72,671		278,946			172,224		599,879			36,262		177,911
G & T Credits		(7,752	)		111,420			113,462		45,525		190,529			409,426			0			244,759		69,648			792,896		(1,974,019	)		124,291		(3,712,817	)
Other Capital Credits		23,685			31,654			390,368		29,269		128,236			50,335			93,029			32,951		0			216,644		233,666			11,308		545,229
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		201,853,008			10,801,157		107,893,507
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		9,838,719			507,404		6,528,206
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		175,151,590			9,516,059		87,820,830
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	$	16,862,699		$	777,694	$	13,544,471
Other Income		60,269			165,576			595,433		129,363		354,916			538,538			118,414			332,031		403,749			1,231,999		(304,457	)		171,861		(2,577,176	)
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	$	16,558,242		$	949,555	$	10,967,295
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		8,220,532			468,253		4,148,117
Other Deductions		18,000			40,623			0		22,816		50,282			122,980			303			21,512		1,583			392,044		245,788			500		89,764
Net Margins	$	453,954		$	10,680		$	1,563,933	$	381,272	$	200,511		$	876,844		$	91,730		$	336,756	$	112,539		$	2,276,391	$	8,091,922		$	480,802	$	6,729,414
2002
Operating Margin		607,176			127,184			3,594,424		1,043,853		3,667			5,745,670			151,945			1,045,109		794,335			2,504,446		9,663,718			358,045		7,440,509
Non-Operating Margins--Interest		39,641			27,584			47,753		71,520		61,216			41,593			28,628			57,670		42,216			148,662		555,018			36,607		186,867
G & T Credits		17,004			121,136			125,374		83,265		222,193			517,382			0			286,848		54,254			789,925		(865,696	)		139,507		(2,432,312	)
Other Capital Credits		44,533			71,537			366,269		35,482		138,391			92,935			107,314			45,831		0			247,342		346,068			31,066		566,145
Operating Revenue & Patronage Capital		13,673,924			9,093,575			34,620,863		14,202,377		17,931,594			40,119,414			6,321,762			18,696,328		19,283,647			65,903,819		196,031,933			9,998,239		100,850,007
Depreciation and Amortization		1,060,614			762,090			2,332,316		907,721		1,188,946			2,809,798			400,946			1,378,039		1,583,949			3,156,350		9,507,834			486,242		6,185,097
Other Operating Expenses		11,216,554			7,470,590			27,659,744		11,369,375		15,429,922			28,842,203			5,494,790			15,533,967		15,632,357			57,945,978		167,674,005			8,701,713		83,239,017
Electric Operating Margin	$	1,396,756		$	860,895		$	4,628,803	$	1,925,281	$	1,312,726		$	8,467,413		$	426,026		$	1,784,322	$	2,067,341		$	4,801,491	$	18,850,094		$	810,284	$	11,425,893
Other Income		77,786			217,979			527,483		176,000		401,119			(4,820,764	)		138,578			265,106		327,743			1,207,486		(368,109	)		207,180		(1,372,058	)
Gross Operating Margin	$	1,474,542		$	1,078,874		$	5,156,286	$	2,101,281	$	1,713,845		$	3,646,649		$	564,604		$	2,049,428	$	2,395,084		$	6,008,977	$	18,481,985		$	1,017,464	$	10,053,835
Interest on Long-term Debt		752,684			685,671			853,562		864,093		1,305,697			2,628,292			273,583			688,320		1,271,054			1,861,925		9,075,332			415,868		3,890,591
Other Deductions		36,896			48,040			180,817		17,335		3,362			93,451			305			50,893		1,952			435,120		111,044			36,371		94,793
Net Margins	$	684,962		$	345,163		$	4,121,907	$	1,219,853	$	404,786		$	924,906		$	290,716		$	1,310,215	$	1,122,078		$	3,711,932	$	9,295,609		$	565,225	$	6,068,451
2001
Operating Margin		377,315			166,239			1,593,559		760,714		2,294			2,059,994			310,177			366,707		610,197			850,108		6,701,871			405,597		2,039,239
Non-Operating Margins--Interest		31,146			32,509			70,523		98,461		105,981			41,565			35,610			84,346		51,655			157,883		573,506			41,510		277,767
G & T Credits		197,712			113,684			124,814		57,476		212,261			533,848			0			257,620		253,448			857,747		0			134,145		0
Other Capital Credits		71,093			53,572			548,917		49,563		158,659			157,229			94,142			74,941		113,950			258,967		488,392			37,756		571,883
Operating Revenue & Patronage Capital	$	12,403,371		$	8,986,229		$	32,598,426	$	13,289,456	$	17,587,229		$	37,984,326		$	5,939,962		$	17,756,013	$	18,829,763		$	61,819,266	$	177,651,062		$	9,898,346	$	88,347,540
Depreciation and Amortization		961,965			739,081			2,197,605		881,366		1,125,546			2,724,399			381,706			1,252,854		1,507,003			3,074,450		8,805,562			477,199		5,549,547
Other Operating Expenses		10,047,108			7,345,413			27,228,663		10,814,890		14,988,336			30,087,927			4,999,088			15,429,875		15,341,702			55,183,921		152,202,221			8,462,715		76,530,133
Electric Operating Margin	$	1,394,298		$	901,735		$	3,172,158	$	1,593,200	$	1,473,347		$	5,172,000		$	559,168		$	1,073,284	$	1,981,058		$	3,560,895	$	16,643,279		$	958,432	$	6,267,860
Other Income		266,104			200,508			754,333		198,687		451,554			733,819			132,504			405,794		432,887			1,306,400		1,180,495			214,411		997,724
Gross Operating Margin	$	1,660,402		$	1,102,243		$	3,926,491	$	1,791,887	$	1,924,901		$	5,905,819		$	691,672		$	1,479,078	$	2,413,945		$	4,867,295	$	17,823,774		$	1,172,843	$	7,265,584
Interest on Long-term Debt		937,719			640,789			1,454,405		814,928		1,456,630			2,704,588			268,421			633,451		1,367,526			2,710,489		9,627,435			483,004		4,096,393
Other Deductions		79,264			94,707			124,193		17,558		14,423			407,418			250			73,126		3,335			298		313,973			69,831		132,228
Net Margins	$	643,419		$	366,747		$	2,347,893	$	959,401	$	453,848		$	2,793,813		$	423,001		$	772,501	$	1,043,084		$	2,156,508	$	7,882,366		$	620,008	$	3,036,963

Table 5 (continued)

	GreyStone			Habersham			Hart			Irwin		Jackson			Jefferson		Lamar
2003
Operating Margin		10,427,639			1,106,904			1,773,179			395,684		8,429,970			2,813,686		1,704,899
Non-Operating Margins--Interest		467,100			105,310			241,144			21,165		1,617,312			69,267		85,644
G & T Credits		(4,152,589	)		143,867			455,947			165,737		3,022,088			582,427		(1,000,000	)
Other Capital Credits		570,523			149,090			(7,699	)		12,420		446,168			90,834		35,918
Operating Revenue & Patronage Capital		138,487,826			34,054,801			41,258,465			15,893,681		274,262,952			43,886,508		22,625,078
Depreciation and Amortization		6,991,020			2,661,396			3,048,536			1,526,452		16,620,680			2,895,578		1,274,378
Other Operating Expenses		115,034,570			28,747,343			34,202,695			12,758,516		234,108,662			35,467,889		18,823,368
Electric Operating Margin	$	16,462,236		$	2,646,062		$	4,007,234		$	1,608,713	$	23,533,610		$	5,523,041	$	2,527,332
Other Income		(3,840,229	)		301,465			702,718			275,981		5,251,060			905,161		(371,405	)
Gross Operating Margin	$	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		5,925,910			1,406,165			2,230,512			1,201,151		14,779,858			2,697,663		822,433
Other Deductions		108,687			132,993			3,543			11,878		323,782			11,692		0
Net Margins	$	6,587,410		$	1,408,369		$	2,475,897		$	671,665	$	13,681,030		$	3,718,847	$	1,333,494
2002
Operating Margin		17,642,742			1,043,328			3,601,296			859,419		11,915,249			3,284,967		2,479,410
Non-Operating Margins--Interest		369,711			79,436			113,584			29,673		903,867			57,546		36,078
G & T Credits		(7,584,450	)		108,314			592,911			215,120		3,808,740			675,134		0
Other Capital Credits		763,200			181,712			58,069			66,206		455,180			157,102		57,824
Operating Revenue & Patronage Capital		133,372,577			32,241,361			41,643,209			16,818,765		258,746,129			44,250,268		22,631,143
Depreciation and Amortization		5,875,054			2,501,849			2,820,476			1,457,723		15,489,442			2,766,066		1,274,369
Other Operating Expenses		104,258,080			27,045,326			33,234,045			13,324,489		216,864,746			35,454,143		18,150,158
Electric Operating Margin	$	23,239,443		$	2,694,186		$	5,588,688		$	2,036,553	$	26,391,941		$	6,030,059	$	3,206,616
Other Income		(6,252,768	)		370,584			760,259			431,163		5,207,764			875,209		3,917
Gross Operating Margin	$	16,986,675		$	3,064,770		$	6,348,947		$	2,467,716	$	31,599,705		$	6,905,268	$	3,210,533
Interest on Long-term Debt		3,352,126			1,344,515			1,983,823			1,163,197		13,888,753			2,591,995		727,055
Other Deductions		2,244,575			306,343			3,569			13,937		587,939			153,097		151
Net Margins	$	11,389,974		$	1,413,912		$	4,361,555		$	1,290,582	$	17,123,013		$	4,160,176	$	2,483,327
2001
Operating Margin		9,110,401			1,057,637			1,790,343			892,019		9,264,209			2,079,377		1,010,305
Non-Operating Margins--Interest		250,490			103,098			140,096			33,773		554,276			53,344		69,708
G & T Credits		(4,510,627	)		105,144			473,732			171,621		3,319,720			551,498		85,598
Other Capital Credits		448,153			159,148			267,764			117,884		1,053,789			275,207		52,138
Operating Revenue & Patronage Capital	$	119,252,779		$	31,082,169		$	38,621,694		$	16,389,160	$	239,882,625		$	41,666,327	$	20,819,018
Depreciation and Amortization		5,272,934			2,340,271			2,606,992			1,314,332		14,724,690			2,521,286		1,148,626
Other Operating Expenses		98,749,166			25,884,360			32,130,086			12,706,760		201,522,952			33,914,702		17,932,859
Electric Operating Margin	$	15,230,679		$	2,857,538		$	3,884,616		$	2,368,068	$	23,634,983		$	5,230,339	$	1,737,533
Other Income		(3,449,367	)		365,554			869,226			343,291		4,641,114			866,553		194,402
Gross Operating Margin	$	11,781,312		$	3,223,092		$	4,753,842		$	2,711,359	$	28,276,097		$	6,096,892	$	1,931,935
Interest on Long-term Debt		3,310,513			1,388,620			2,086,522			1,263,257		13,265,388			2,386,150		714,531
Other Deductions		2,809,765			411,281			7,751			212,792		1,105,386			764,812		12,697
Net Margins	$	5,661,034		$	1,423,191		$	2,659,569		$	1,235,310	$	13,905,323		$	2,945,930	$	1,204,707
	Sumter			Three Notch			Tri- County			Upson County		Walton			Washington		MEMBER TOTAL
2003
Operating Margin		1,851,065			(643,690	)		779,449			810,168		7,188,438			980,030		102,851,686
Non-Operating Margins--Interest		235,715			34,817			26,509			65,781		290,040			120,614		10,415,983
G & T Credits		279,221			148,814			281,922			122,993		1,934,112			349,582		8,202,915
Other Capital Credits		42,775			51,375			91,557			5,297		1,110,734			60,199		8,213,861
Operating Revenue & Patronage Capital		26,211,338			18,729,566			24,416,316			10,282,013		154,691,529			26,350,979		2,302,396,579
Depreciation and Amortization		1,798,801			1,161,805			1,663,631			513,943		7,587,246			1,643,694		137,139,680
Other Operating Expenses		20,831,479			17,247,707			20,197,936			8,541,747		135,113,763			22,586,254		1,954,018,502
Electric Operating Margin	$	3,581,058		$	320,054		$	2,554,749		$	1,226,323	$	11,990,520		$	2,121,031	$	211,238,397
Other Income		557,598			235,839			399,988			213,073		1,730,218			425,248		26,774,284
Gross Operating Margin	$	4,138,656		$	555,893		$	2,954,737		$	1,439,396	$	13,720,738		$	2,546,279	$	238,012,681
Interest on Long-term Debt		1,678,726			854,842			1,682,049			322,688		4,699,183			1,130,327		103,882,343
Other Deductions		51,267			108,902			93,251			93,467		102,899			10,674		4,504,368
Net Margins	$	2,408,663		$	(407,851	)	$	1,179,437		$	1,023,241	$	8,918,656		$	1,405,278	$	129,625,970
2002
Operating Margin		2,493,476			(80,195	)		878,091			1,267,525		12,216,114			1,030,414		143,260,446
Non-Operating Margins--Interest		146,750			45,984			27,215			5,440		320,218			116,144		8,985,360
G & T Credits		371,072			206,643			346,264			138,495		2,034,313			326,123		7,906,520
Other Capital Credits		49,217			55,016			108,035			19,236		1,711,998			192,911		10,613,690
Operating Revenue & Patronage Capital		26,382,085			18,830,651			23,675,131			10,157,676		152,563,571			26,010,268		2,239,120,581
Depreciation and Amortization		1,718,111			1,111,958			1,551,268			543,134		7,231,521			1,511,828		129,767,152
Other Operating Expenses		20,416,971			16,803,086			19,600,447			8,011,973		127,324,312			22,301,535		1,854,301,295
Electric Operating Margin	$	4,247,003		$	915,607		$	2,523,416		$	1,602,569	$	18,007,738		$	2,196,905	$	255,052,134
Other Income		531,640			307,948			499,217			172,054		5,779,100			230,547		23,842,529
Gross Operating Margin	$	4,778,643		$	1,223,555		$	3,022,633		$	1,774,623	$	23,786,838		$	2,427,452	$	278,894,663
Interest on Long-term Debt		1,662,824			951,389			1,409,837			317,203		5,685,460			1,166,491		102,560,905
Other Deductions		90,703			44,413			235,488			17,841		106,164			0		8,537,251
Net Margins	$	3,025,116		$	227,753		$	1,377,308		$	1,439,579	$	17,995,214		$	1,260,961	$	167,796,507
2001
Operating Margin		1,589,672			553,655			744,133			515,689		6,107,537			169,756		80,824,203
Non-Operating Margins--Interest		141,876			44,391			27,699			62,258		413,452			261,727		9,650,079
G & T Credits		345,651			206,433			298,056			151,889		2,015,393			335,775		11,360,638
Other Capital Credits		66,241			187,396			122,056			22,026		1,854,976			105,469		13,084,540
Operating Revenue & Patronage Capital	$	24,944,793		$	17,297,116		$	22,178,460		$	9,596,929	$	140,132,027		$	25,167,535	$	$2,080,289,188
Depreciation and Amortization		1,592,091			1,063,059			1,400,924			535,468		6,874,114			1,450,128		108,592,094
Other Operating Expenses		20,221,878			14,535,790			18,356,932			8,193,788		121,159,551			22,224,740		1,769,714,496
Electric Operating Margin	$	3,130,824		$	1,698,267		$	2,420,604		$	867,673	$	12,098,362		$	1,492,667	$	201,982,598
Other Income		535,092			438,869			447,811			316,832		(1,824,459	)		636,557		30,833,202
Gross Operating Margin	$	3,665,916		$	2,137,136		$	2,868,415		$	1,184,505	$	10,273,903		$	2,129,224	$	232,815,800
Interest on Long-term Debt		1,460,222			1,005,339			1,371,899			351,464		5,714,249			1,322,911		108,300,272
Other Deductions		80,930			139,273			304,572			520		276,576			0		12,877,802
Net Margins	$	2,124,764		$	992,524		$	1,191,944		$	832,521	$	4,283,078		$	806,313	$	111,637,726

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
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
2002
ASSETS
Total Utility Plant(1)	$	63,185,341	$	119,601,820	$	54,550,916	$	134,026,616	$	113,302,321	$	44,462,992	$	447,243,686	$	130,132,495	$	177,271,152	$	79,078,767
Depreciation		14,350,886		29,549,899		12,929,036		29,888,329		21,661,712		6,860,948		63,755,490		25,924,039		37,260,716		25,407,627
Net Plant		48,834,455		90,051,921		41,621,880		104,138,287		91,640,609		37,602,044		383,488,196		104,208,456		140,010,436		53,671,140
Other Assets		21,304,280		14,804,756		13,086,801		28,951,650		22,608,778		8,015,214		166,475,988		49,902,659		37,797,570		11,807,099
Total Assets	$	70,138,735	$	104,856,677	$	54,708,681	$	133,089,937	$	114,249,387	$	45,617,258	$	549,964,184	$	154,111,115	$	177,808,006	$	65,478,239
EQUITY & LIABILITIES
Equity		43,714,436		36,803,796		27,007,784		47,282,306		44,538,044		15,569,277		184,454,439		71,598,589		52,406,558		37,886,985
Long-term Debt		22,306,509		54,287,030		21,170,678		67,316,507		52,039,569		26,623,110		267,149,443		63,264,644		88,231,506		22,110,053
Other Liabilities		4,117,790		13,765,851		6,530,219		18,491,124		17,671,774		3,424,871		98,360,302		19,247,882		37,169,942		5,481,201
Total Equity and Liabilities	$	70,138,735	$	104,856,677	$	54,708,681	$	133,089,937	$	114,249,387	$	45,617,258	$	549,964,184	$	154,111,115	$	177,808,006	$	65,478,239
2001
ASSETS
Total Utility Plant(1)	$	60,283,998	$	112,824,096	$	53,507,704	$	123,599,609	$	103,656,657	$	42,492,782	$	428,559,575	$	123,595,110	$	168,193,894	$	74,742,266
Depreciation		13,169,803		28,069,159		11,614,111		27,864,237		20,542,959		6,106,156		59,233,554		24,537,136		33,948,469		23,232,878
Net Plant		47,114,195		84,754,937		41,893,593		95,735,372		83,113,698		36,386,626		369,326,021		99,057,974		134,245,425		51,509,388
Other Assets		20,415,023		18,094,608		13,496,564		24,794,162		26,901,350		8,650,967		159,207,390		42,717,508		35,701,241		12,835,735
Total Assets	$	67,529,218	$	102,849,545	$	55,390,157	$	120,529,534	$	110,015,048	$	45,037,593	$	528,533,411	$	141,775,482	$	169,946,666	$	64,345,123
EQUITY & LIABILITIES
Equity		41,263,921		31,696,515		26,346,305		42,253,847		39,421,459		14,365,171		171,684,326		68,924,771		48,004,323		36,396,444
Long-term Debt		22,886,540		58,360,364		23,470,038		58,694,055		51,832,250		27,375,891		266,211,841		57,400,839		93,049,939		22,911,015
Other Liabilities		3,378,757		12,792,666		5,573,814		19,581,632		18,761,339		3,296,531		90,637,244		15,449,872		28,892,404		5,037,663
Total Equity and Liabilities	$	67,529,218	$	102,849,545	$	55,390,157	$	120,529,534	$	110,015,048	$	45,037,593	$	528,533,411	$	141,775,482	$	169,946,666	$	64,345,123

	Little Ocmulgee		Middle Georgia		Mitchell		Ocmulgee		Oconee		Okefe- noke		Pataula		Planters		Rayle		Satilla
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
2002
ASSETS
Total Utility Plant(1)	$	35,480,434	$	26,469,359	$	82,896,741	$	35,442,214	$	42,657,870	$	101,440,054	$	13,750,483	$	44,383,336	$	53,231,381	$	106,545,077
Depreciation		9,236,165		6,227,686		13,805,682		8,060,051		6,574,664		21,846,974		3,497,735		14,109,218		14,816,035		19,425,720
Net Plant		26,244,269		20,241,673		69,091,059		27,382,163		36,083,206		79,593,080		10,252,748		30,274,118		38,415,346		87,119,357
Other Assets		7,947,488		4,349,643		15,718,967		7,838,818		9,979,098		20,274,924		3,645,420		9,250,616		7,695,762		27,579,287
Total Assets	$	34,191,757	$	24,591,316	$	84,810,026	$	35,220,981	$	46,062,304	$	99,868,004	$	13,898,168	$	39,524,734	$	46,111,108	$	114,698,644
EQUITY & LIABILITIES
Equity		12,195,697		11,027,341		54,088,398		15,088,214		16,877,314		38,037,800		7,298,133		20,189,580		18,048,102		52,673,310
Long-term Debt		17,770,696		11,738,852		21,071,763		16,905,759		23,724,004		51,987,129		5,783,798		15,099,421		23,974,637		36,568,832
Other Liabilities		4,225,364		1,825,123		9,649,865		3,227,008		5,460,986		9,843,075		816,237		4,235,733		4,088,369		25,456,502
Total Equity and Liabilities	$	34,191,757	$	24,591,316	$	84,810,026	$	35,220,981	$	46,062,304	$	99,868,004	$	13,898,168	$	39,524,734	$	46,111,108	$	114,698,644
2001
ASSETS
Total Utility Plant(1)	$	33,848,730	$	25,546,759	$	78,843,730	$	33,552,197	$	39,630,649	$	96,738,237	$	12,965,473	$	41,651,904	$	50,713,991	$	102,291,516
Depreciation		8,426,123		5,682,492		13,188,940		7,816,266		6,083,628		20,695,869		3,446,291		13,566,348		13,487,098		17,589,456
Net Plant		25,422,607		19,864,267		65,654,790		25,735,931		33,547,021		76,042,368		9,519,182		28,085,556		37,226,893		84,702,060
Other Assets		5,720,382		4,133,153		14,631,031		6,721,191		10,360,328		24,586,696		3,560,197		8,962,892		7,891,682		23,928,422
Total Assets	$	31,142,989	$	23,997,420	$	80,285,821	$	32,457,122	$	43,907,349	$	100,629,064	$	13,079,379	$	37,048,448	$	45,118,575	$	108,630,482
EQUITY & LIABILITIES
Equity		11,634,666		10,657,687		50,212,005		14,310,841		16,753,771		37,784,493		7,027,095		19,348,660		17,489,858		50,814,139
Long-term Debt		15,840,646		10,146,622		21,813,774		15,423,565		21,866,302		51,812,889		5,452,685		12,176,253		24,554,215		37,844,999
Other Liabilities		3,667,677		3,193,111		8,260,042		2,722,716		5,287,276		11,031,682		599,599		5,523,535		3,074,502		19,971,344
Total Equity and Liabilities	$	31,142,989	$	23,997,420	$	80,285,821	$	32,457,122	$	43,907,349	$	100,629,064	$	13,079,379	$	37,048,448	$	45,118,575	$	108,630,482

                                        (1) Including construction work in progress.

Table 6 (continued)

	Excelsior		Flint		Grady		GreyStone		Habersham		Hart		Irwin		Jackson		Jefferson		Lamar
2003
ASSETS
Total Utility Plant(1)	$	52,874,853	$	214,559,728	$	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		53,262,597		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		161,297,131		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		58,007,666		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	$	219,304,797	$	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		97,933,210		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		98,117,314		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		23,254,273		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	$	219,304,797	$	59,094,019	$	237,215,697	$	82,358,351	$	97,998,561	$	43,404,252	$	588,043,815	$	102,437,341	$	39,122,181
2002
ASSETS
Total Utility Plant(1)	$	51,779,167	$	201,794,691	$	53,569,461	$	215,691,058	$	80,288,331	$	96,560,501	$	45,788,849	$	487,185,744	$	94,351,610	$	38,845,304
Depreciation		10,588,438		49,047,181		10,347,814		35,314,094		20,820,500		23,242,913		10,957,510		84,213,904		16,456,328		11,148,364
Net Plant		41,190,729		152,747,510		43,221,647		180,376,964		59,467,831		73,317,588		34,831,339		402,971,840		77,895,282		27,696,940
Other Assets		14,353,051		49,471,268		13,894,173		41,955,089		15,391,886		23,976,563		7,494,033		132,631,656		21,831,700		11,260,060
Total Assets	$	55,543,780	$	202,218,778	$	57,115,820	$	222,332,053	$	74,859,717	$	97,294,151	$	42,325,372	$	535,603,496	$	99,726,982	$	38,957,000
EQUITY & LIABILITIES
Equity		23,651,037		88,164,289		28,866,445		84,565,325		29,495,604		41,255,746		13,892,800		177,693,441		35,323,678		17,740,103
Long-term Debt		24,227,115		96,554,696		20,798,223		110,763,156		25,782,355		44,469,146		26,599,390		241,000,489		53,249,228		16,142,532
Other Liabilities		7,665,628		17,499,793		7,451,152		27,003,572		19,581,758		11,569,259		1,833,182		116,909,566		11,154,076		5,074,365
Total Equity and Liabilities	$	55,543,780	$	202,218,778	$	57,115,820	$	222,332,053	$	74,859,717	$	97,294,151	$	42,325,372	$	535,603,496	$	99,726,982	$	38,957,000
2001
ASSETS
Total Utility Plant(1)	$	50,026,290	$	195,121,566	$	51,020,707	$	195,639,295	$	76,046,493	$	90,210,772	$	43,044,712	$	460,211,032	$	90,443,922	$	35,727,533
Depreciation		10,521,163		49,732,203		10,451,918		31,930,937		19,938,732		22,020,884		9,744,503		75,259,038		14,887,663		10,020,312
Net Plant		39,505,127		145,389,363		40,568,789		163,708,358		56,107,761		68,189,888		33,300,209		384,951,994		75,556,259		25,707,221
Other Assets		12,363,255		47,922,953		14,733,654		39,618,892		13,731,869		17,544,540		7,463,359		100,247,743		18,429,986		7,852,910
Total Assets	$	51,868,382	$	193,312,316	$	55,302,443	$	203,327,250	$	69,839,630	$	85,734,428	$	40,763,568	$	485,199,737	$	93,986,245	$	33,560,131
EQUITY & LIABILITIES
Equity		22,558,735		76,781,201		25,010,153		75,199,638		28,548,694		36,888,253		12,706,865		163,845,763		31,157,475		15,700,102
Long-term Debt		23,330,995		101,103,555		21,388,055		91,025,302		28,213,193		38,920,745		25,485,198		247,429,389		48,269,259		13,996,668
Other Liabilities		5,978,652		15,427,560		8,904,235		37,102,310		13,077,743		9,925,430		2,571,505		73,924,585		14,559,511		3,863,361
Total Equity and Liabilities	$	51,868,382	$	193,312,316	$	55,302,443	$	203,327,250	$	69,839,630	$	85,734,428	$	40,763,568	$	485,199,737	$	93,986,245	$	33,560,131

	Sawnee		Slash Pine		Snapping Shoals		Sumter		Three Notch		Tri- County		Upson County		Walton		Washington		MEMBER TOTAL
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	$	4,463,425,981
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		936,643,806
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		3,526,782,175
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		1,297,868,320
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	$	4,824,650,495
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		1,848,259,862
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		2,222,346,824
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		754,043,809
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	$	4,824,650,495
2002
ASSETS
Total Utility Plant(1)	$	319,992,429	$	21,126,968	$	156,000,867	$	65,624,481	$	39,177,306	$	57,565,619	$	17,858,104	$	233,783,149	$	52,546,038	$	4,234,682,732
Depreciation		48,979,889		4,728,666		43,580,826		16,595,357		8,463,287		9,405,117		4,211,499		61,827,097		15,020,972		870,138,368
Net Plant		271,012,540		16,398,302		112,420,041		49,029,124		30,714,019		48,160,502		13,646,605		171,956,052		37,525,066		3,364,544,364
Other Assets		68,684,748		5,041,406		41,802,759		13,132,878		10,748,037		9,201,915		5,968,127		197,532,005		17,309,438		1,190,715,610
Total Assets	$	339,697,288	$	21,439,708	$	154,222,800	$	62,162,002	$	41,462,056	$	57,362,417	$	19,614,732	$	369,488,057	$	54,834,504	$	4,555,259,974
EQUITY & LIABILITIES
Equity		103,261,764		8,921,995		56,445,272		26,974,225		17,589,082		20,812,244		10,648,869		124,507,591		28,804,843		1,745,400,456
Long-term Debt		189,411,290		10,071,081		69,638,576		29,285,642		19,803,224		25,287,012		6,993,594		203,476,404		21,571,759		2,144,248,852
Other Liabilities		47,024,234		2,446,632		28,138,952		5,902,135		4,069,750		11,263,161		1,972,269		41,504,062		4,457,902		665,610,666
Total Equity and Liabilities	$	339,697,288	$	21,439,708	$	154,222,800	$	62,162,002	$	41,462,056	$	57,362,417	$	19,614,732	$	369,488,057	$	54,834,504	$	4,555,259,974
2001
ASSETS
Total Utility Plant(1)	$	303,629,227	$	19,890,516	$	141,083,423	$	60,977,143	$	37,914,850	$	53,799,159	$	16,799,063	$	222,272,129	$	50,727,261	$	4,001,823,970
Depreciation		46,322,462		4,452,786		39,363,643		15,869,555		8,021,744		9,230,730		4,066,990		56,701,717		14,399,025		811,236,978
Net Plant		257,306,765		15,437,730		101,719,780		45,107,588		29,893,106		44,568,429		12,732,073		165,570,412		36,328,236		3,190,586,992
Other Assets		66,782,993		4,653,727		35,618,219		13,766,952		12,039,850		8,786,495		5,350,661		177,384,443		18,253,311		1,095,856,334
Total Assets	$	324,089,758	$	20,091,457	$	137,337,999	$	58,874,540	$	41,932,956	$	53,354,924	$	18,082,734	$	342,954,855	$	54,581,547	$	4,286,443,326
EQUITY & LIABILITIES
Equity		94,071,355		8,663,508		51,955,142		24,011,644		18,449,458		19,781,792		9,553,397		95,488,933		27,909,733		1,594,672,138
Long-term Debt		194,433,217		8,264,449		62,786,245		29,119,559		19,890,867		22,641,258		6,752,583		211,448,236		22,782,319		2,116,405,814
Other Liabilities		35,585,186		3,163,500		22,596,612		5,743,337		3,592,631		10,931,874		1,776,754		36,017,686		3,889,495		575,365,373
Total Equity and Liabilities	$	324,089,758	$	20,091,457	$	137,337,999	$	58,874,540	$	41,932,956	$	53,354,924	$	18,082,734	$	342,954,855	$	54,581,547	$	4,286,443,326

                                        (1) Including construction work in progress