| Business Summary | | American
States
Water
Co.
(AWR)
holds
for
investment
the
stock
primarily
of
utility
companies.
AWR's
primary
investment
is
the
stock
of
SCW,
a
public
utility
company
engaged
principally
in
the
purchase,
production,
distribution
and
sale
of
water.
SCW
also
distributes
electricity
in
one
customer
service
area.
AWR
also
owns
two
other
subsidiaries,
American
States
Utility
Services,
Inc.,
which
contracts
to
lease,
operate
and
maintain
water
and
wastewater
systems
owned
by
others
and
to
provide
related
services,
such
as
billing
and
meter
reading,
and
Chaparral
City
Water
Company
(CCWC),
which
is
a
public
utility
company
serving
approximately
11,000
customers
in
the
town
of
Fountain
Hills,
Arizona,
and
a
portion
of
the
City
of
Scottsdale,
Arizona. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | AWR
is
a
utility
company
engaged
in
the
purchase,
production,
distribution
and
sale
of
water.
The
Company
also
distributes
electricity.
For
the
six
months
ended
6/30/01,
operating
revenues
rose
7%
to
$90.2
million.
Net
income
applicable
to
Common
rose
20%
to
$8.1
million.
Revenues
reflect
implementation
rate
increases
and
the
inclusion
of
sales
at
Chaparral
City
Water
Company
unit.
Net
income
also
reflects
lower
maintenance
expenses
and
greater
operating
efficiency. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Lloyd Ross, 60 Chairman | -- | Floyd Wicks, 57 Pres,
CEO, Director | $501K | McClellan Harris III, 49 CFO,
VP-Fin., Treasurer, Sec. | 260K | Susan Conway, 40 VP
- Regulatory Affairs | -- | James Gallagher, 46 VP
- Customer Service of Region III | 222K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|