Pennichuck — Corporate Update (January 2019)
7 slides from Pennichuck's corporate update, Jan 18, 2019
Slide 1: 2019 Budget Review
2019 Budget Review As of January 18, 2019 PENNIGHUCK
Slide 2: PWW Pumpage
yo Pennichuck Corporation PWW Pumpage 700 650 AN. @ 800 L. ~\ 2014 5 Ir \ G S 550 —— 0015 s 3 500 4 5 450 + —— 2016 = Bo Vil Xk _ 2 350 2 E 200 —— 2018 a 250 seeders 2019 Budget 200 Jan Feb Mar = Apr May~—s Jun. Jul» Aug.) Sep, Oct’ = Nov_— Dec ‘Pumpage Data (millions of gallons) Jan Feb Mar Apr May
Slide 3: Capital Expenditures Budget 2019-2021
Total Budgeted in Total Planned in Total Planned in 2019 for Total Budgeted 2020 for 2021 for Total Budgeted for Carryover/Multi- in 2019 for New Total Budgeted Carryover & Carryover & 2018 year Projects Projects for 2019 New Projects New Projects Main Replacements and Main Replacements $ 7,639 $ 1,
Slide 4: Pennichuck Consolidated 2019 Budgeted Statement of Income
Pennichuck Consolidated 2019 Budgeted Statement of Income Budget Budget Change -- Q1 Q2 Q3 Q4 2019 Fcstd 2018 Amount Percent Revenues: Water Utility Operations $ 8,919,280 $ 10,682,245 $ 13,318,631 $ 10,533,302 $ 43,453,458 $ 41,992,988 $ 1,460,470 3.5% Water Management Services 722,785 699,383 739,
Slide 5: Consolidated Balance Sheet - Assets
Pennichuck Corporation and Subsidiaries - Consolidated Quarterly Budgeted Balance Sheet For the year ended December 31, 2019 Estimated BUD BUD BUD BUD ASSETS Dec-18 Q1 19 Q2 19 Q3 19 Q4 19 Land 3,329,770 3,329,770 3,329,770 3,329,770 3,329,770 Buildings 185,928,218 185,928,218 185,942,218 185,953,71
Slide 6: Consolidated Quarterly Budgeted Balance Sheet - Equity and Liabilities
Pennichuck Corporation and Subsidiaries - Consolidated Quarterly Budgeted Balance Sheet For the year ended December 31, 2019 Estimated BUD BUD BUD BUD EQUITY AND LIABILITIES Dec-18 Q1 19 Q2 19 Q3 19 Q4 19 Common stock 10 10 10 10 10 Paid in capital 30,561,126 30,492,770 30,424,415 30,356,060 30,287,
Slide 7: Consolidated Statement of Cash Flows
Pennichuck Corporation and Subsidiaries - Consolidated Quarterly Budgeted Stmt of Cash Flows For the year ended December 31, 2019 BUD BUD BUD BUD BUD Q1 19 Q2 19 Q3 19 Q4 19 Full Year Operating Activities: Net Income (2,372,166) (1,186,794) 1,010,004 (926,234) (3,475,190) Adjustments to reconcile ne