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KUA Releases 2007 Annual Report

Kua 2007 Report

Among the utility’s highlights for 2007:

  • Operating revenue grew by 17.8 percent to $190.3 million from $161.6 in 2006.
  • Operating expenses increased by 17.5 percent to $178.9 million from $152.2 million in 2006.

  • KUA assets exceeded liabilities by $147.5 million (net assets). Of this amount, $49.1 million is
  • available to be used to meet ongoing obligations to customers and creditors.
  • The utility’s total outstanding long-term debt decreased 4.6 percent to $243.7 million.

(Read the full article here)

Written by admin · Filed Under Kissimmee   · May 4, 2008


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