Press Release: Essential Utilities Reports -3-
Press Release: Essential Utilities Reports -3-
(Unaudited)
(未經審計)
The Company is providing disclosure of the reconciliation of the non-GAAP financial measures to the most comparable GAAP financial measures. The Company believes that the non-GAAP financial measures "adjusted operating revenues" "adjusted income" and "adjusted income per common share" provide investors the ability to measure the Company's financial operating performance by adjustment, which is more indicative of the Company's ongoing performance and is more comparable to measures reported by other companies. The Company further believes that the presentation of these non-GAAP financial measures is useful to investors as a more meaningful way to compare the Company's operating performance against its historical financial results.
該公司正在披露非GAAP財務指標與最具可比性的GAAP財務指標的對賬情況。公司認為，非GAAP財務指標“調整後的營業收入”、“調整後的收入”和“調整後的每股普通股收入”使投資者能夠通過調整來衡量公司的財務經營業績，這更能反映公司的持續業績，與其他公司報告的指標更具可比性。該公司進一步認為，這些非公認會計準則財務指標的公佈對投資者是有用的，因為這是一種更有意義的方式，可以將公司的經營業績與其歷史財務業績進行比較。
This reconciliation includes a presentation of the non-GAAP financial measures "adjusted income" and "adjusted income per common share" and have been adjusted for the following items:
這項對賬包括非GAAP財務計量“調整後收入”和“調整後每股普通股收入”的列報，並針對以下項目進行了調整：
(1) Transaction-related expenses for the Company's Peoples acquisition that closed on March 16, 2020, which consists of costs recorded as operations and maintenance expenses for the three months ended March 31, 2020 of $25,397, primarily representing expenses associated with investment banking fees, obtaining regulatory approvals, legal expenses, and integration planning;
(1)公司於2020年3月16日完成的People收購的交易相關費用，包括記錄為截至2020年3月31日的三個月的運營和維護費用25397美元，主要是與投資銀行費用、獲得監管批准、法律費用和整合規劃有關的費用；
(2) Transaction-related water rate credits, for the Company's Peoples acquisition, issued to Pennsylvania utility customers in September 2020; and
(2)與交易相關的水價抵免，用於該公司的People收購，於2020年9月發放給賓夕法尼亞州公用事業客户；以及
(3) The income tax impact of the non-GAAP adjustments described above.
(3)上述非公認會計原則調整對所得税的影響。
These financial measures are measures of the Company's operating performance that do not comply with U.S. generally accepted accounting principles (GAAP), and are thus considered to be "non-GAAP financial measures" under applicable Securities and Exchange Commission regulations. These non-GAAP financial measures are derived from our consolidated financial information and is provided to supplement the Company's GAAP measures, and should not be considered as a substitute for measures of financial performance prepared in accordance with GAAP.
這些財務指標是對公司經營業績的衡量，不符合美國公認會計原則(GAAP)，因此根據適用的證券交易委員會條例被認為是“非GAAP財務指標”。這些非GAAP財務指標源自我們的綜合財務信息，是對公司GAAP指標的補充，不應被視為替代根據GAAP編制的財務業績指標。
The following reconciles our GAAP results to the non-GAAP information we disclose:
以下內容使我們的GAAP結果與我們披露的非GAAP信息一致：
Quarter Ended Nine Months Ended
September 30, September 30,
------------------------------- ----------------------------------
2021 2020 2021 2020 (A)
-------------- --------------- ----------------- ---------------
Operating revenues
(GAAP financial
measure) $ 361,860 $ 348,647 $ 1,342,457 $ 988,700
(2)
Transaction-related
water rate credits
issued to utility
customers - 4,080 - 4,080
-------------- --------------- ----------------- ---------------
Adjusted operating
revenues (Non-GAAP
financial measure) $ 361,860 $ 352,727 $ 1,342,457 $ 992,780
============== =============== ================= ===============
Quarter Ended Nine Months Ended
September 30, September 30,
------------------------------- ----------------------------------
2021 2020 2021 2020 (A)
-------------- --------------- ----------------- ---------------
Net income (GAAP
financial measure) $ 50,503 $ 55,732 $ 315,106 $ 182,142
Adjustments:
(1)
Transaction-related
expenses for the
Peoples transaction
closed March 16,
2020 - - - 25,573
(2)
Transaction-related
water rate credits
issued to utility
customers - 4,080 - 4,080
(3) Income tax effect
of non-GAAP
adjustments - (1,179) - (5,827)
-------------- --------------- ----------------- ---------------
Adjusted income
(Non-GAAP financial
measure) $ 50,503 $ 58,633 $ 315,106 $ 205,968
============== =============== ================= ===============
Net income per common
share (GAAP financial
measure):
Basic $ 0.20 $ 0.22 $ 1.23 $ 0.73
Diluted $ 0.19 $ 0.22 $ 1.23 $ 0.71
Adjusted income per
common share (Non-GAAP
financial measure):
Basic $ 0.20 $ 0.23 $ 1.23 $ 0.83
Diluted $ 0.19 $ 0.23 $ 1.23 $ 0.81
Average common shares
outstanding:
Basic 258,773 254,280 256,051 248,212
============== =============== ================= ===============
Diluted 259,437 255,162 256,763 255,139
============== =============== ================= ===============
(A) Includes People's operating results as of the closing date of the Peoples acquisition,
March 16, 2020.
Essential Utilities, Inc. and Subsidiaries
Condensed Consolidated Balance Sheets
(In thousands of dollars)
(Unaudited)
September 30, December 31,
2021 2020
------------- ------------
Net property, plant and equipment $ 9,956,769 $ 9,512,877
Current assets 352,504 380,220
Regulatory assets and other assets 3,927,212 3,812,180
------------- ------------
$ 14,236,485 $ 13,705,277
============= ============
Total equity $ 5,127,862 $ 4,683,877
Long-term debt, excluding current portion,
net of debt issuance costs 5,598,714 5,507,744
Current portion of long-term debt and loans
payable 110,000 162,551
Other current liabilities 406,029 441,322
Deferred credits and other liabilities 2,993,880 2,909,783
------------- ------------
$ 14,236,485 $ 13,705,277
============= ============
截至九個月的季度九月三十號，九月三十號， ------------------------------- ---------------------------------- 2021 2020 2021 2020 (A) -------------- --------------- ----------------- --------------- 營業收入(GAAP財務措施)361,860美元348,647美元1,342,457美元988,700美元 (2) 與交易相關水價積分發佈給公用事業公司客户-4,080-4,080 -------------- --------------- ----------------- --------------- 調整後的運營收入(非GAAP財務措施)361,860元352,727元1,342,457元992,780元 ============== =============== ================= =============== 截至九個月的季度九月三十號，九月三十號， ------------------------------- ---------------------------------- 2021 2020 2021 2020 (A) -------------- --------------- ----------------- --------------- 淨收入(GAAP)財務措施)50,503元55,732元315,106元182,142元調整： (1) 與交易相關這項計劃的開支人民交易3月16日停業， 2020 - - - 25,573 (2) 與交易相關水價積分發佈給公用事業公司客户-4,080-4,080(3)所得税效應非公認會計原則調整-(1,179)-(5,827) -------------- --------------- ----------------- --------------- 調整後收入(非GAAP財務措施)$50,503$58,633$315,106$205,968 ============== =============== ================= =============== 每股淨收益股票(GAAP財務測量)：基本$0.20$0.22$1.23$0.73稀釋後$0.19$0.22$1.23$0.71調整後的每項收入普通股(非公認會計準則財務措施)：基本$0.20$0.23$1.23$0.83稀釋後$0.19$0.23$1.23$0.81平均普通股傑出的：基本版258,773 254,280 256,051 248,212 ============== =============== ================= =============== 稀釋259,437 255,162 256,763 255,139 ============== =============== ================= =============== (A)包括截至People Acquisition截止日期的人們的經營業績，2020年3月16日。Essential Utilities，Inc.及其子公司簡明綜合資產負債表(單位：千美元)(未經審計)九月三十日，十二月三十一日， 2021 2020 ------------- ------------ 不動產、廠房和設備淨額$9956769$9512877流動資產352,504 380,220監管資產和其他資產3,927,212 3,812,180 ------------- ------------ $ 14,236,485 $ 13,705,277 ============= ============ 股本總額$5,127,862$4,683,877長期債務，不包括當前部分，扣除債券發行成本5,598,714,5507,744長期債務和貸款的當期部分應付110,000,162,551其他流動負債406,029 441,322遞延信貸和其他負債2,993,880項2,909,783項 ------------- ------------ $ 14,236,485 $ 13,705,277 ============= ============
View source version on businesswire.com: https://www.businesswire.com/news/home/20211101005505/en/
在business wire.com上查看源代碼版本：https://www.businesswire.com/news/home/20211101005505/en/
CONTACT: Brian Dingerdissen
聯繫人：布萊恩·丁格迪森(Brian Dingerdissen)
Essential Utilities Inc.
Essential Utilities Inc.
Investor Relations
投資者關係
O: 610.645.1191
O: 610.645.1191
BJDingerdissen@Essential.co
郵箱：bjingerdissen@Essential.co
Erin O'Donnell
艾琳·奧唐奈(Erin O‘Donnell)
Communications and Marketing
傳播與營銷
412.208.6614
412.208.6614
Media@essential.co
郵箱：media@essential.co
譯文內容由第三人軟體翻譯。