2009 Financial Highlights

Years Ended December 31, 2009 2008 % Change FINANCIAL (in thousands)     Operating Revenues $ 59,391 $ 61,270 -3.1% Non-Water Sales Earnings, net of taxes $ 929 $ 790 17.6% Net Income Applicable to Common Stock $ 10,171 $ 9,386 8.4%         COMMON STOCK (Per Share Data)     Basic Earnings Per Average Share $1.20 $1.12 7.1% Stock Price (End of Year) $24.77 $23.61 4.9% Dividends Declared $ 0.900 $ 0.880 2.3% Book Value Per Share (End of Year) $ 12.66 $ 12.23 3.5%         OPERATIONS     Number of Customers (End of year) 88,534 87,361 1.3% Number of Employees (End of year) 225 226 -0.4%