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 |
--- |
--- |
| |
|
|
|
| (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) |
--- |
--- |
| 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. |
|
|
|