OGLETHORPE POWER CORPORATION
SELECTED FINANCIAL DATA
The following table presents selected historical financial data of Oglethorpe Power. This data, as of the end of
and for each year in the five-year period ended December 31, 2016, has been derived from Oglethorpe's
audited financial statements.
(dollars in thousands)
STATEMENTS OF REVENUES AND EXPENSES DATA
Operating revenues:
Sales to Members
Sales to non-Members
2016
2015
2014
2013
2012
$ 1,506,807
424
$ 1,219,052
130,773
$ 1,314,869
93,294
$ 1,166,618
78,758
$ 1,204,008
120,102
1,507,231
1,349,825
1,408,163
1,245,376
1,324,110
513,258
434,306
217,534
54,108
32,361
–
441,738
457,264
168,920
56,925
26,108
(58,588)
515,729
428,801
166,247
71,799
24,616
(58,426)
442,425
369,730
158,375
56,084
22,900
(35,662)
516,223
371,909
160,849
50,022
19,554
(16,280)
1,251,567
1,092,367
1,148,766
1,013,852
1,102,277
255,664
56,903
(262,222)
257,458
52,030
(261,147)
259,397
46,371
(259,133)
231,524
43,433
(233,477)
221,833
61,487
(244,000)
Total operating revenues
Operating expenses:
Fuel
Production
Depreciation and amortization
Purchased power
Accretion
Deferral of Hawk Road and Smith Energy Facilities effect on net margin
Total operating expenses
Operating margin
Other income, net
Net interest charges
Net margin
$
BALANCE SHEET DATA
Electric plant, net:
In service
Nuclear fuel, at amortized cost
Construction work in progress
$ 4,671,500
377,653
3,228,214
$ 4,670,310
373,145
2,868,669
$ 4,582,551
369,529
2,374,392
$ 4,434,728
341,012
2,212,224
$ 4,034,620
321,196
2,240,920
Total electric plant
$ 8,277,367
$ 7,912,124
$ 7,326,472
$ 6,987,964
$ 6,596,736
Total assets
$10,701,113
$10,059,783
$ 9,448,820
$ 9,048,453
$ 8,260,782
Capitalization:
Long-term debt
Obligations under capital leases
Obligations under Rocky Mountain transactions
Patronage capital and membership fees
Accumulated other comprehensive (gain) loss
$ 8,304,523
98,531
18,765
859,810
(370)
$ 7,575,027
100,456
17,561
809,465
58
$ 7,256,995
121,731
16,434
761,124
468
$ 6,954,293
140,212
15,379
714,489
(549)
$ 5,930,449
161,249
14,392
673,009
903
9,281,259
(316,861)
(93,133)
(8,128)
8,502,567
(189,840)
(93,651)
(4,337)
8,156,752
(160,754)
(97,423)
(4,516)
7,823,824
(152,153)
(46,759)
(3,103)
6,780,002
(168,393)
(53,784)
(3,232)
Total capitalization
$ 8,863,137
$ 8,214,739
$ 7,894,059
$ 7,621,809
$ 6,554,593
Cash paid for property additions
$
$
$
$
$
Subtotal
Less: long-term debt and capital leases due within one year
Less: unamortized debt issuance costs
Less: unamortized bond discounts on long-term debt
OTHER DATA
Energy supply (megawatt-hours):
Generated
Purchased
Available for sale
Member revenues per kWh sold
50,345
613,019
$
48,341
495,426
$
46,635
558,778
$
41,480
628,216
$
39,320
646,486
25,918,782
49,945
22,408,932
142,150
21,699,553
400,699
20,648,325
198,272
24,883,009
107,104
25,968,727
22,551,082
22,100,252
20,846,597
24,990,113
5.90¢
6.64¢
6.52¢
6.29¢
5.77¢