Financial Highlights
| ($ thousands) | 2007 |
2006 |
| Revenues | ||
| Power recovery | 548,081 |
541,817 |
| Distribution sales | 123,268 |
113,908 |
| Other income | 14,265 |
12,617 |
| 685,614 |
668,342 |
|
| Earnings from continuing operations | ||
| EBITDA | 87,841 |
101,452 |
| EBIT | 49,350 |
67,984 |
| Net income | 24,008 |
41,885 |
| Sources (uses) of cash | ||
| Generated from operations | 58,890 |
41,221 |
| Capital assets | (97,007) |
(92,052) |
| Financing | 36,898 |
49,401 |
| Ratios | ||
| Working capital | 1.08 |
1.22 |
| Debt to equity | 48:52 |
47:53 |
| GWh consumption | ||
| GWh consumption * | 7,865 |
7,724 |
* purchased power
| NOrmalized net income ($ millions) |
shareholder equity ($ millions) adjusted for dividends paid the following year |
Return on equity | |||||
 |
 |
 |
|||||
| When normalized to exclude the impact of regulatory asset recovery, net income has shown steady growth over the past five years. | Shareholder equity has grown by $69.6 million in the past five years. | Hydro Ottawa Holding Inc. has achieved an average annual return on equity (ROE) of 9 percent over the past five years. | |||||