| Business Summary | | California
Water
Service
Group
conducts
business
through
its
operating
subsidiaries,
which
are
California
Water
Service
Company
(Cal
Water),
Washington
Water
Service
Company
and
CWS
Utility
Services.
The
Company's
business
consists
of
the
production,
purchase,
storage,
purification,
distribution
and
sale
of
water
for
domestic,
industrial,
public
and
irrigation
uses,
and
for
fire
protection.
The
Company
also
provides
water-related
services,
including
contract
operation
of
water
systems
and
utility
related
services
to
municipalities
and
other
private
companies. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | California
Water
Service
Group
is
a
public
utility
supplying
water
service
through
21
districts
to
customers
living
within
the
state
of
California.
For
the
six
months
ended
6/30/01,
revenues
increased
1%
to
$114
million.
Net
income
decreased
18%
to
$6
million.
Revenues
benefitted
from
higher
rates
and
the
addition
of
new
customers.
Earnings
were
offset
by
higher
depreciation
due
to
a
greater
depreciable
plant
investment
and
long
term
debt
interest
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Robert Foy, 64 Chairman | $280K | Peter Nelson, 53 Pres,
CEO | 429K | Michael Ireland, 47 Pres
of Washington Water Service Company | -- | Raymond Taylor, 55 VP,
Operations | 175K | Gerald Feeney, 56 VP,
CFO and Treasurer | 211K | 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
|
|