Financials
Financial Highlights
| |
Three Months Ended
September 30 |
Nine Months Ended
September 30 |
| ($ in thousands except per share amounts) |
2009 |
2008 |
2009 |
2008 |
| Revenue |
$ 27,628 |
$ 31,042 |
$ 101,761 |
$ 93,253 |
| EBITDA(1) |
6,696 |
11,189 |
24,844 |
21,143 |
| Net income |
848 |
3,804 |
1,624 |
3,792 |
| Per share - basic and diluted |
$ 0.02 |
$ 0.07 |
$ 0.03 |
$ 0.08 |
| Cash provided by operations |
4,631 |
5,350 |
23,887 |
13,595 |
| Per share - basic and diluted |
$ 0.09 |
$ 0.10 |
$ 0.44 |
$ 0.29 |
| |
|
|
|
|
| Electricity Deliveries (MWh) |
329,301 |
275,297 |
864,088 |
666,410 |
| Net Generation Capacity (MW)(2) |
788 |
757 |
788 |
757 |
| Average Alberta Prices ($ per MWh) |
$ 50 |
$ 80 |
$ 48 |
$ 88 |
| Average Milner Realized Electricity Price ($ per MWh) |
$ 50 |
$ 75 |
$ 51 |
$ 79 |
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|
|
|
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(1) EBITDA is earnings before interest, taxes, depreciation and amortization and discontinued operations and is not a measure under Canadian Generally Accepted Accounting Principles ("GAAP") and may not be comparable to similar measures presented by other companies. Refer to Non-GAAP measures section of the MD&A for an explanation and reconciliation.
(2) Net generation capacity is manufacturer's nameplate capacity net of minority ownership interests of third parties.
