form8k110609.htm

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Pursuant to Section 13 OR 15(d)

of the Securities Exchange Act of 1934

Date of Report: November 6, 2009

(Date of earliest event reported)

THE YORK WATER COMPANY

(Exact name of registrant as specified in its charter)

PENNSYLVANIA	001-34245		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)

(717) 845-3601

(Registrant's telephone number, including area code)

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

THE YORK WATER COMPANY

Item 2.02

Results of Operations and Financial Condition.

On November 6, 2009, The York Water Company issued a press release announcing its financial results for the third quarter and the first nine months of 2009. 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, as amended, other than to the extent that such filing incorporates by reference any or all of such information by express reference thereto.

Item 9.01	Financial Statements and Exhibits.

(c) Exhibits.

Exhibit No.	Description of Exhibit

99.1	Press Release, November 6, 2009, issued by the York Water Company

THE YORK WATER COMPANY

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 thereunto duly authorized.

	THE YORK WATER COMPANY

Date: November 6, 2009	By:	/s/Kathleen M. Miller
		Kathleen M. Miller
		Chief Financial Officer

News Release
		The York Water Company
		130 East Market Street
Contact:	Jeffrey R. Hines, President	York, PA 17401
Or
	Kathleen M. Miller, Chief Financial Officer

Phone:	717-845-3601	FOR IMMEDIATE RELEASE

THE YORK WATER COMPANY ANNOUNCES THIRD QUARTER AND NINE MONTH EARNINGS

York, Pennsylvania, November 6, 2009: The York Water Company's (NASDAQ:YORW) President, Jeffrey R. Hines, announced today the Company's financial results for the third quarter and the first nine months of 2009.

President Hines reported that third quarter net income of $2,091,000 increased 20.2% compared to the third quarter of 2008, earnings per share for the three-month period increased to $0.18 from $0.15 and operating revenues of $9,750,000 increased 13.8% over the third quarter of 2008.

President Hines also reported that the first nine months' net income of $5,501,000 increased 23.2% compared to the first nine months of 2008, earnings per share for the nine-month period increased to $0.48 from $0.40 and operating revenues of $27,734,000 increased 15.9% compared to the first nine months of 2008. The primary contributing factor to the increase in net income was higher water revenues due to growth in the customer base, and a rate increase granted by the Pennsylvania Public Utility Commission effective October 9, 2008. In addition, cost savings were realized by reducing expenses in response to economic uncertainties. The increased revenues and cost savings were partially offset by higher depreciation, pension and retirement costs, and salary and wage expense.

During the first nine months of 2009, the Company invested $9.6 million in construction projects. The construction expenditures were for routine distribution system improvements as well as an additional standpipe and booster station and various replacements of aging infrastructure. In addition to construction projects, the Company invested over $2.1 million for the acquisition of the water system of West Manheim Township in York County, Pennsylvania.

President Hines reported that York Water plans to continue to invest in infrastructure at a rate necessary to ensure a safe, adequate, and reliable water supply for the Company’s growing customer base.

	Period Ended September 30
	In 000's (except per share)
	Quarter		Nine Months
	2009	2008	2009	2008
Operating Revenues	$ 9,750	$ 8,566	$ 27,734	$ 23,934
Net Income	$ 2,091	$ 1,740	$ 5,501	$ 4,466
Average Number of Common Shares Outstanding	11,456	11,302	11,414	11,285
Basic Earnings Per Common Share	$ 0.18	$ 0.15	$ 0.48	$ 0.40
Dividends Paid Per Common Share	$ 0.126	$ 0.121	$ 0.378	$ 0.363

This news release may contain forward-looking statements regarding the Company’s operational and financial expectations. These statements are based on currently available information and are subject to risks, uncertainties, and other events which could cause the Company’s actual results to be materially different from the results described in this statement. The Company undertakes no duty to update any forward-looking statement.

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