York Water Co (YORW) 2008年年度报告「NASDAQ」.pdf

1、Focus OnEfficiency Accommodates Growth&Continues Community CommitmentPresident and CEOs LetterDear Shareholders.2FinancialsHighlights of Our 193rd Year.5Shareholder Information.6Managements Discussionand Analysis.7Managements Report on InternalControl Over Financial Reporting.18Report of Independent

2、 RegisteredPublic Accounting Firm on InternalControl Over Financial Reporting.19Report of Independent RegisteredPublic Accounting Firm.20Balance Sheets.21Statements of Income.22Statements of CommonStockholders Equityand Comprehensive Income.23Statements of Cash Flows.24Notes to Financial Statements.

3、25Additional InformationSupplemental Information.44Directors.46Officers and Key Employees.47Transfer Agent and Registrar.47Stock Exchange Listing.47Independent Auditors.47Table of ContentsCover:York WatersLake Williams providesa sparkling reminderof the value of a pure andabundant water supply.This

4、Page:In 2008,nearly30,000 feet of water mainwere replaced.Some ofthese pipes were over 130years old!The Companyhas some of the lowestoperating costs,water loss,and main breaks in theindustry because of ouractive main replacementand relining program.1The York Water Company2 0 0 8 A n n u a l R e p o

5、r tBy focusing onoperational&infrastructureEfficiencyduring the past year,The York Water Companyhas been able to grow and meet the needs of an expandedcustomer base and also continue our commitment to thegreaterCommunity.The Planning and Preparedness thatwas discussed in last years Annual Report pro

6、vided a solidfoundation for The York Water Company to readily meet theeconomic challenges of 2008 and beyond.The completion of the Sediment Recycling Facility,expandeduse of hybrid vehicles,electric curtailment savings with ourelectricity provider,and RF meter reading are just a few of thesignifican