2008 Highlights
MGE Energy (MGEE)
Year at a Glance
(Thousands, except per-share amounts)
 
2008

2007
Increase/
(Decrease)
%   
Change
 
Operating Revenues $ 595,993 $ 537,594 $ 58,399 10.9
Net Income $ 52,768 $ 48,825 $ 3,943 8.1
Basic and Diluted Earnings Per Share $ 2.38 $ 2.27 $ 0.11 4.8
Dividends Declared Per Share $ 1.43 $ 1.41 $ 0.02 1.4
Dividend Payout Ratio   60.1%   62.1%   (2.0) (3.2)
Average Shares Outstanding   22,197   21,520   677 3.1
Shares Outstanding at Year End   22,905   21,950   955 4.4
Return on Average Common Equity   11.8%   12.1%   (0.3) (2.5)
Book Value Per Share $ 21.54 $ 19.88 $ 1.66 8.4
Market Price Per Share (Dec. 31) $ 33.00 $ 35.47 $ (2.47) (7.0)
Total Market Value (Dec. 31) $ 755,865 $ 778,567 $ (22,702) (2.9)
Total Assets $ 1,268,275 $ 1,111,587 $ 156,688 14.1
Total Electric Sales (kWh)   3,380,892   3,431,509   (50,617) (1.5)
Total Gas Deliveries (therms)   244,396   215,193   29,203 13.6