Kansas Municipal Energy Agency

Credit ScoringParticipation Group of 49

2013

All Partic-ipants

APPA West Cities East Cities Gen Cities Full Req Cities

78.0%

80.0%

82.0%

84.0%

86.0%

88.0%

90.0%

92.0%

94.0%

96.0%

98.0%

Note: Lower ratio healthier. Less revenue used to cover expenses.

Perc

enta

ge

Net Income per RevenueNet Operating Income/Operating Revenue

Note: Higher ratio healthier. Difference between expenses and revenue is net operating income. Higher net operating income more excess funds.

Perc

enta

ge

All Partic-ipants

APPA West Cities East Cities Gen Cities Full Req Cities

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

16.0%

Operating Expense per kWh SoldOperating Expenses/kWh Sold

All Partic-ipants

APPA West Cities East Cities Gen Cities Full Req Cities

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

8.0%

9.0%

10.0%

Note: Lower ratio healthier. Cost per kWh.

Perc

enta

ge

Debt per CustomerDebt Outstanding/Customers

All Partic-ipants

West Cities East Cities Gen Cities Full Req Cities$0

$200

$400

$600

$800

$1,000

$1,200

Note: Lower ratio healthier. Debt amount each customer must pay.

Dol

lar

s

Months of O&M in Unrestricted CashUnrestricted Cash/Average Monthly Operating Expenses

All Participants West Cities East Cities Gen Cities Full Req Cities3.60

3.80

4.00

4.20

4.40

4.60

4.80

5.00

Note: Higher ratio healthier. Amount of cash available to cover expenses.

Mon

ths

Months of O&M in Unrestricted CashUnrestricted Cash/Average Monthly Operating Expenses

1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 31 33 35 37 39 41 43 45 47 49

0

5

10

15

20

25

Note: Higher ratio healthier. Amount of cash available to cover expenses.

Mon

ths

Population TrendChange from 2000 to 2010

All Partic-ipants

West Cities East Cities Gen Cities Full Req Cities-5.0%

-4.0%

-3.0%

-2.0%

-1.0%

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

Perc

enta

ge