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ELK RIVER MUNICIPAL UTILITIES <br /> ELK RIVER, MINNESOTA <br /> SUPPLEMENTAL INFORMATION <br /> ELECTRIC FUND <br /> SUMMARY OF OPERATIONS AND UNAUDITED STATISTICS <br /> FOR THE YEARS ENDED DECEMBER 31,2004 THROUGH DECEMBER 31,2012 <br /> SUMMARY OF OPERATIONS <br /> 2004 2005 2006 <br /> OPERATING REVENUES <br /> Sales of electricity $ 13,775,332 $ 15,276,987 $ 16,495,049 <br /> Other operating revenues 268,140 444,579 482,668 <br /> TOTAL OPERATING REVENUES 14,043,472 15,721,566 16,977,717 <br /> OPERATING EXPENSES <br /> Purchased power 8,563,298 9,625,519 10,101,458 <br /> Distribution 1,390,414 1,528,057 1,942,577 <br /> Services to the City 294,698 331,644 328,148 <br /> Depreciation 1,427,091 1,553,663 1,561,096 <br /> Other operating expenses 1,567,309 1,731,317 1,936,275 <br /> TOTAL OPERATING EXPENSES 13,242,810 14,770,200 15,869,554 <br /> OPERATING INCOME 800,662 951,366 1,108,163 <br /> TRANSFERS FROM OTHER CITY FUNDS - - - <br /> TRANSFERS TO OTHER CITY FUNDS (340,564) (388,927) (420,000) <br /> NONOPERATING REVENUES 651,934 700,592 887,803 <br /> NET INCOME $ 1,112,032 $ 1,263,031 $ 1,575,966 <br /> PERCENT OF CHANGE <br /> Sales of electricity 8.491% 10.901% 7.973% <br /> Purchased power 9.970% 12.404% 4.945% <br /> PERCENT OF REVENUES <br /> Purchased power 60.977% 61.225% 59.498% <br /> UNAUDITED STATISTICS <br /> MISCELLANEOUS <br /> 2004 2005 2006 <br /> KWh's purchased 176,730,416 193,700,298 205,645,631 <br /> KWh's sold 165,595,414 182,515,644 194,975,530 <br /> Line loss 11,135,002 11,184,654 10,670,101 <br /> Percent of line loss 6.301% 5.774% 5.189% <br /> REVENUES PER KWh SOLD $ 0.0832 $ 0.0837 $ 0.0846 <br /> COST PER KWh PURCHASED $ 0.0485 $ 0.0497 $ 0.0491 <br /> NUMBER OF CUSTOMERS 7,907 8,306 8,562 <br /> TOTAL CONTRIBUTION/TRANSFERS TO CITY $ 340,564 $ 388,927 $ 420,000 <br /> 64 <br />