| | Business Summary | | Avista
Corporation
is
an
energy,
information
and
technology
company
with
utility
and
subsidiary
operations
that
are
organized
into
four
lines
of
business:
Avista
Utilities,
Energy
Trading
and
Marketing,
Information
and
Technology
and
Avista
Ventures.
Avista
Utilities
represents
the
regulated
utility
operations
that
are
responsible
for
retail
electric
and
natural
gas
distribution,
electric
transmission
services
and
electric
generation
and
production.
Avista
Utilities
also
engages
in
electric
wholesale
sales
and
purchases
of
capacity
and
energy.
Avista
Capital
owns
all
of
the
subsidiary
companies
engaged
in
the
other
lines
of
business.
The
Energy
Trading
and
Marketing
line
of
business
includes
Avista
Energy,
Inc,
Avista
Power,
LLC
and
Avista-STEAG,
LLC.
The
Information
and
Technology
line
of
business
includes
Avista
Advantage,
Inc.,
Avista
Labs,
Inc.
and
Avista
Communications,
Inc.
The
Avista
Ventures
line
of
business
includes
Avista
Ventures,
Inc.
and
several
other
minor
subsidiaries. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | AVA
is
an
electric
and
natural
gas
utility,
providing
retail
electric
and
natural
gas
distribution
and
transmission
services
and
electric
and
natural
gas
commodity
trading
and
wholesale
marketing.
For
the
six
months
ended
6/30/01,
revenues
rose
31%
to
$3.59
billion.
Net
income
applicable
to
Common
totalled
$50.9
million,
vs.
a
loss
of
$33.5
million.
Revenues
reflect
increased
prices
of
electricty
and
natural
gas.
Net
income
also
reflects
the
absense
of
exit
costs
and
restructuring
charges. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Gary Ely, 53
Chairman,
Pres, CEO | $333K | Jon Eliassen, 53
Sr.
VP & CFO | 264K | David Meyer, 47
Sr.
VP & Gen. Counsel | 253K | Scott Morris, 43
VP,
Pres, Avista Utilities | -- | Ronald Peterson, 48
VP
and Treasurer | -- | | 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
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/a/ava.gif)