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Financial Highlights
     
In millions, except per unit information      
 
FINANCIAL DATA
2005
2004
2003
Net Revenues(1)
$ 142.4
$ 75.8
$ 55.6
Operating income
78.1
40.5
26.6
Net income
51.2
34.3
22.7
Cash flow from operations
93.7
54.8
41.1
Distributable cash flow(2)
83.8
52.9
39.2
Total assets
657.9
284.4
259.9
Long-term debt
246.8
112.9
90.3
Partners' capital
284.0
150.0
153.8
 
PER LIMITED PARTNER UNIT DATA
Net income(3)
$ 2.43
$ 1.86
$ 1.24
Cash distributions declared(4)
2.60
2.16
2.08
Weighted average number of limited partner units outstanding
20.2
18.1
17.9
       
OPERATING DATA      
Coal produced by lessees (millions of tons)
30.2
31.2
26.5
Coal royalties ($/ton)
$ 2.74
$ 2.23
$ 1.90
Estimated coal reserves (million cubic feet per day)
689
558
588
Natural gas system volumes (million cubic feet per day)
127
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(1) 2005 amount is shown net of cost of gas purchased of $303.9 million.      
(2) Distributable cash flow is calculated as follows:      
 
2005
2004
2003
Net income
$ 51.2
31.2
26.5
Depreciation, depletion and amortization
30.6
$ 2.23
$ 1.90
Unrealized loss (gain) on derivitaves, net of settlements
6.6
558
588
Other property and equipment expenditures
(4.6)
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---
Distributable cash flow
$ 83.8
$ 52.9
$ 39.2
(3) Per unit amount is computed after general partner's share.      
(4) Annualized as of last distribution paid in year.      

 

 
         
 
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