Statement of Income and Expense For the year ended December 31, 2015
Audited performed by Bolinger, Segars, Gilbert & Moss, L.L.P., Lubbock Texas. $Amount
%
WHERE THE MONEY
COMES FROM
OPERATING REVENUES Residential
Commercial and Industrial
Public Buildings and Other Authorities Other Electric Revenue
Total Operating Revenues
OPERATING EXPENSES Purchased Power
Distribution - Operation Distribution - Maintenance Customer Accounts
Customer Service and Information Administrative and General Depreciation Taxes
HOW IT WAS SPENT
Other Interest Other Deductions Total Operating Expenses
OPERATING INCOME (LOSS) - Before Fixed Charges
FIXED CHARGES Interest on Long-Term Debt
OPERATING INCOME (LOSS) - Aſter Fixed Charges
G&T Capital Credits Other Capital Credits Total Capital Credits
NET OPERATING INCOME (LOSS)
WHAT WE HAVE LEFT
NON-OPERATING MARGINS Interest Income
Other Non-operating Income NET MARGINS 58.2%
30,902,517 11,565,085 696,911 649,806
43,814,319
$ 25,514,936 2,071,839 2,030,782 1,740,014 834,989
2,102,248 3,614,637 930,497 24,445 231
$ 38,864,618 $ 4,949,701 2,416,131
$ 2,533,570 $ 1,627,651
800,674
$ 2,428,325 $ 4,961,895
$
793,589 279,437
$ 1,073,026 $ 6,034,921
Where The Dollar Goes 9.3% 8.2%5.9% 4.9% 6 • CEC Annual Report 2.9% 0.1%
■ Purchased Power ■ Operations and Maintenance ■ Depreciation ■ Customer Accounts, Service & Information ■ Depreciation ■ Taxes ■ Other Interest & Deductions
70.5 26.4 1.6 1.5
100.0 $2,958,518
58.2 4.7 4.6 4.0 1.9 4.8 8.2 2.1 0.1 0.0
88.6 $3,968,458 11.4 5.5
5.9 3.7
1.8 5.5
11.4
1.8 0.6 2.4
13.8
Net margins increased by 9.2% compared to 2014.
CEC expenses decreased by 6.1% compared to 2014.
2015 HIGHLIGHTS
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