Financial Highlights

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Selected Financial and Operating Data

  2007 2006 2005
(Dollars in thousands)
Total revenues $736,039 $721,484 $703,775
Total assets $4,647,852 $4,911,720 $4,878,920
Property, plant and equipment - net $2,157,543 $2,135,771 $2,158,531
 
 
Debt outstanding (excluding defeased  bonds)   $3,892,421  $4,099,819 $4,027,879
Annual weighted average interest cost 4.72% 4.85% 4.45%
 
Total delivered energy to MEAG Power Participants (MWh)(1)
  10,767,616 10,484,380 10,463,171
 
Cost to MEAG Power Participants (cents per kWh):(2)
Total cost(1) 5.45 5.45 4.99
Bulk power cost 5.35 5.43 5.06
SEPA cost(1) 7.49 5.67 4.10
 
Peak demand (MW) 2,117 1,992 1,979
 
Total nominal generating capacity in service (MW) 2,069 2,069 2,069

 

(1)Participants purchase energy directly from the Southeastern Power Administration (SEPA).  Such energy is included in these calculations.
(2)Cost related to MEAG Power's electric generating projects.

 

 

Rating Table

Resolution

Fitch

Moody's

Standard
& Poor's

Power Revenue

A+

A1

A+

Project One
Subordinate

A+

A2

A

General Power Revenue

A+

A1

A+

General Power
Revenue Subordinate

A+

A2

A

Combined Cycle

A+

A1

A

Telecommunications

A+

A1

A

Outlook / Trend

Stable

Stable

Stable


Note : These ratings reflect the underlying unenhanced ratings for each resolution.