Board Of Aldermen - Agenda - 4/12/2022 - P296

PENNICHUCK CORPORATION AND SUBSIDIARIES

Consolidated Statements of Income (Loss)
For the Years Ended December 31, 2021 and 2020
(in thousands)

2021 2020
Operating Revenues S 52,004 S 50,091
Operating Expenses:
Operations and maintenance 26,707 24,768
Depreciation and amortization 8,751 8,549
Taxes other than income taxes 6,872 6,445
Total Operating Expenses 42,330 39,762
Operating Income 9,674 10,329
Interest Expense (13,902) (11,896)
Other, Net 340 90
Loss Before Provision for Income Taxes (3,888) (1,477)
(Provision) Benefit for Income Taxes 189 (SO7)
Net Loss $ (3,699) S {1,984}

The accompanying notes are an integral part of these consolidated financial statements.

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