f i n a n c i a l HIGHLIGHTS Fiscal Year ending December 31, 2019

(in thousands of dollars)	2019	2018	2017	2016	2015
Operations Total revenue	64,833	64,146	62,237	62,126	59,362
Water distribution revenue	53,653	52,193	50,792	50,341	47,243
Operating expenses (excluding depreciation)	36,559	37,439	37,128	36,906	37,086
EBITDA	28,274	26,707	25,109	25,220	22,276
Depreciation	9,639	8,556	8,715	7,180	6,589
Net Income	17,317	16,410	14,735	16,177	13,806
Balance Sheet Cash and investments	24,461	25,181	28,854	33,051	31,896
Property, Plant & Equipment	312,697	297,680	279,242	258,837	239,572
Total Assets	350,074	334,326	319,511	301,792	280,700
Long-term borrowings	51,381	51,365	51,350	51,332	51,320
Equity	272,682	254,501	237,680	223,287	207,174
Cash flows
Operating	24,083	21,543	26,134	25,074	20,363
Investment in Infrastructure	23,981	25,094	29,509	23,098	17,464