2005 WATER DISTRICT INDUSTRY AVERAGE Home     SMALL AVERAGE MEDIUM BIG LARGE V-LARGE OVER-ALL PROFITABILITY   Net Income/Operating Revenues % 7 11 10 12 9 23 10 Interest Expense/Operating Revenues % 14 12 14 8 11 11 12 Internal Cash Ratio % 44 32 34 33 31 41 36 Debt Service Ratio % 461 308 351 580 489 388 440 Debt Service P 1,113,978 2,027,388 4,466,367 5,217,090 17,243,130 55,761,199 6,884,998 Net Income/Net UPIS % 4 11 10 10 9 20 9 Return on Fixed Assets % 3 9 8 8 7 14 7 Net Income/Month P 18,834 138,253 194,863      520,847 944,919 5,441,201 519,955 COST CONTROL Operating Ratio % 77 81 76 81 76 75 78 Operating Expense/Month P 358,929 972,018 1,804,082 4,219,539 7,931,665 25,252,604 3,450,766 Operating Expense/Conn/Month P 255 308 291 343 335 408 304 Operating Expense/M3 Billed P 16 17 15 16 15 14 16 Admin & General Exp./Conn/Month P 147 150 113 118 118 168 131 Admin & General Exp./Operating Expense % 61 52 41 35 33 41 46 Maintenance Expense/Operating Expense % 14 15 10 10 12 19 13 Other Operations and Maintenance Expense P 1,731,450 3,997,619 8,023,762 17,928,228 46,675,561 124,577,696 16,719,925 MARKETING EFFORT Average Active Service Conn No. 1,432 3,140 6,198 12,244 27,346 64,895 10,378 Operating Rev./Month P 444,190 1,202,757 2,340,791 5,250,025 11,032,490 32,767,257 4,478,806 Operating Rev./Conn/Month P 313 379 385 426 457 562 388 Operating Rev./M3 Billed P 19 22 20 19 21 20 20 M3 Billed/Conn/Month M3 16 18 20 21 23 29 20 M3 Billed/Month M3 25,631 56,119 127,643 251,822 646,401 1,853,145 242,822 Monthly Billing per Connection P 292 372 376 412 444 532 373 Monthly Billing per cu.m. billed P 18 21 19 28 20 19 21 COLLECTION EFFORT Average Collection Period Days 56 42 44 31 38 69 45 On-Time Payment % 61 64 64 64 64 68 63 Collection Efficiency % 87 94 94 94 94 95 92 Collection Ratio % 82 91 90 92 90 88 88 Peso Collection - Current Year's Sales P 4,672,091 13,343,980 25,294,727 57,633,103 137,959,729 629,652,887 63,088,751 Peso Collection - Previous Year's Sales P 240,196 482,162 1,172,487 2,969,816 4,722,676 27,707,973 2,765,423 FINANCIAL POSITION Total Debt/Total Assets % 69 56 53 41 51 49 55 Loans Payable/Fixed Assets % 75 64 60 39 49 93 61 Total Debt (Total Debt + Total Equity) % 70 56 54 41 51 49 55 Current Ratio % 771 471 508 413 479 319 545 Net Income/Total Assets % 2 6 5 6 6 8 5 Long Term Debt/Total Equity % (69) 74 37 76 217 155 42 PRODUCTION EFFICIENCY Metered Service Connection No. 1,432 3,140 6,208 12,244 27,346 64,728 10,373 Non-Revenue Water % 20 26 25 25 29 34 25 Production Capacity Utilized % 52 80 67 91 74 87 71 Pumping Exp/M3 Produced P 1.76 2.35 2.65 3.06 3.42 1.92 2.49 Treatment Exp/M3 Produced P 0.41 0.19 0.24 0.65 0.23 0.30 0.37 Fuel Purchased for Pumping/M3 Produced P 1.53 2.32 3.08 2.37 2.14 2.25 2.28 Total Production Exp/M3 Produced P 2.04 2.63 3.17 4.32 3.95 2.53 3.08 Total Production Exp/Conn/Month P 44 65 69 113 117 100 77 Total Production Exp/Operating Expense % 15 20 24 30 48 27 24 M3 Produced M3 384,499 940,322 1,977,531 4,077,517 11,477,108 32,936,400 4,130,143 PERSONNEL MANAGEMENT Average No. of Employees No. 9 18 34 67 128 361 56 Active Service Conn/Employee No. 150 170 184 198 225 180 179 Average Payroll/Employee/Month P 12,033 12,642 12,184 15,233 18,655 17,547 13,682 Average Payroll/Operating Expense % 33 27 26 25 30 25 28