-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Dtqb0Pf/sdYxNVHYPggNOrRSJLZwskwirI+TbNjpj8CAqxOXNO0GRHEcJZjCQl+o 0VEcfbg/T3pOVvmCv6FgNw== 0000108985-03-000058.txt : 20031110 0000108985-03-000058.hdr.sgml : 20031110 20031110155655 ACCESSION NUMBER: 0000108985-03-000058 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20031110 ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20031110 FILER: COMPANY DATA: COMPANY CONFORMED NAME: YORK WATER CO CENTRAL INDEX KEY: 0000108985 STANDARD INDUSTRIAL CLASSIFICATION: WATER SUPPLY [4941] IRS NUMBER: 231242500 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-00690 FILM NUMBER: 03988426 BUSINESS ADDRESS: STREET 1: 130 E MARKET ST CITY: YORK STATE: PA ZIP: 17405 BUSINESS PHONE: 7178453601 MAIL ADDRESS: STREET 1: PO BOX 15089 8-K 1 nov11038k.txt 3RD QUARTER PRESS RELEASE 2003 SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) November 10, 2003 THE YORK WATER COMPANY (Exact name of Registrant as specified in its Charter) Pennsylvania 0-690 23-1242500 (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.) 130 East Market Street, York, Pennsylvania 17401 (Address of principal executive offices) (Zip Code) Registrant's telephone number including Area Code 717-845-3601 (Former name or former address, if changed since last report.) Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. (c) Exhibits 99.1Press Release, Dated November 10, 2003, issued by The York Water Company. Item 12. Disclosure of Results of Operations and Financial Condition. On November 10, 2003, The York Water Company issued a press release announcing its third quarter 2003 financial results. The press release is being furnished with this Current Report on Form 8-K Exhibit 99.1 and is hereby incorporated herein by reference. This report (including the exhibit) shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be incorporated by reference in any filing made by the Registrant pursuant to the Securities Act of 1933, a amended, other than to the extent that such filing incorporates by reference any or all of such information by express reference thereto. Exhibit 99.1 News Release THE YORK WATER COMPANY 130 East Market Street York, PA 17401 Contact: Jeffrey S. Osman, President & Chief Executive Officer Or Kathleen M. Miller, Chief Financial Officer Phone: (717) 845-3601 FOR IMMEDIATE RELEASE YORK WATER COMPANY REPORTS IMPROVED NINE MONTH EARNINGS York, Pennsylvania, November 10, 2003: The York Water Company's (Nasdaq: YORW) President, Jeffrey S. Osman, announced today the Company's financial results for the third quarter and the first nine months of 2003. President Osman reported that quarterly operating revenues of $5,786,000 increased 9.7% over the third quarter of 2002, and that quarterly net income of $1,494,000 increased 33.9% compared to the third quarter of 2002. President Osman also reported that the first nine months' operating revenues of $15,592,000 increased 5.1% over the first nine months of 2002, and that net income of $3,301,000 increased 13.4% compared to the first nine months of 2002. Increased revenues and net income resulted from the addition of more than 800 new customers and a rate increase approved by the Pennsylvania Public Utility Commission effective June 26, 2003. During the first nine months of 2003 the Company spent over $5.9 million on construction projects, primarily on its water distribution system to expand its service territory, and additionally on the Susquehanna River pipeline project and various main relinings. The Company installed over 68,000 feet of pipe through the first nine months of 2003.
Period Ended September 30 In 000's (except per share) Quarter Nine Months 2003 2002 2003 2002 Water Operating Revenues $5,786 $5,276 $15,592 $14,832 Net Income $1,494 $1,116 $3,301 $2,912 Average Number of Common Shares Outstanding 6,380 6,324 6,380 6,324 Basic Earnings Per Common Share $0.24 $0.18 $0.52 $0.46 Dividends Paid Per Common Share $0.13 $0.13 $0.40 $0.39
### SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. The York Water Company (Registrant) Dated: November 10, 2003 By: /S/ Kathleen M. Miller (Kathleen M. Miller) Chief Financial Officer
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