East River Electric 2020 Annual Report

EAST RIVER
2019 FINANCIALS
OPERATING STATEMENT
DECEMBER 31 2019 2018
Operating Revenues
Sales to Members 260,641,938 260,905,810
Other Electric Revenue 23,767,645 22,181,134
Total Revenues 284,409,583 283,086,944
Operating Expenses
Purchased Power 229,265,460 230,526,722
Operations and Maintenance 17,087,767 15,590,946
Administrative and General 9,481,575 9,576,816
Interest 11,475,479 10,140,759
Depreciation 10,669,214 9,338,475
Other Operating Expenses 145,345 81,410
Total Operating Expenses 278,124,840 275,255,128
Operating Margin 6,284,743 7,831,816
G&T and Other Capital Credits 8,182,005 31,326,983
Non-operating Margins 995,264 612,383
Net Margins 15,462,012 39,771,182
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