Black Hills Corporation (BKH) 2016年年度报告「NYSE」.pdf

1、Forward FocusedBKH 2016Annual Report|Proxy Statement|Form 10KForward FocusedB BK KH H 2 20 01 16 6A Annual R Re ep p po o or r rt t|P Proxy State emment|F Fo or rmmmmm 1 1 10 0 0 0K K K KCapital expenditures20122013201420152016*$500$400$300$200$100$0$348$380$391$459$467$in millions*Excl udes capital

2、 for SourceGas purchaseArkansas166,000 utility customers 104 communities served Colorado273,000 utility customers 125 communities served 525 megawatts of owned power generation capacityIowa 156,000 utility customers 132 communities servedKansas 113,000 utility customers 64 communities servedMontana

3、42 utility customers 2 communities servedNebraska290,000 utility customers 294 communities servedSouth Dakota 69,000 utility customers 23 communities served 130 megawatts of owned power generation capacityWyoming172,000 utility customers 57 communities served 200 million tons of coal reserves 556 me

4、gawatts of owned power generation capacity*CAGR-Compound Annual Growth RateTotal assets5-year CAGR*10.0%$6,500$7,000$6,000$5,500$5,000$4,500$4,000$3,500$3,000$2,500201120122013201420152016$in millionsCoal MineCompany HeadquartersCorporate OfficeElectric UtilitiesNatural Gas UtilitiesPower Generation

5、5-year CAGR 11.7%EBITDA,as adjusted*$600$500$400$300$200$100$0201120122013201420152016*Non-GAAP measure reconcil ed to GAAP starting on page A-1$in millions$326$399$441$403$411$567$4,053$3,677$3,821$4,222$4,627$6,515(In mil l ions except per share amounts)We are a customer focused,growth-oriented ut

6、ility company with a tradition of exemplary service and a vision to be the energy partner of choice.Based in Rapid City,South Dakota,the company serves over 1.2million electric and natural gas utility customers in nearly 800 communities in Arkansas,Colorado,Iowa,Kansas,Montana,Nebraska,South Dakota