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UNITED STATES
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): December 16, 2005
Aqua America, Inc.
 
(Exact Name of Registrant Specified in Charter)
         
Pennsylvania   001-06659   23-1702594
         
(State or Other
Jurisdiction of
Incorporation)
  (Commission File
Number)
  (I.R.S. Employer
Identification No.)
     
762 West Lancaster Avenue    
Bryn Mawr, Pennsylvania   19010-3489
     
(Address of Principal Executive Offices)   (Zip Code)
Registrant’s telephone number, including area code: (610) 527-8000
 
(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:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 


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Item 8.01 Other Events.
Item 9.01 Financial Statements and Exhibits.
SIGNATURE
Exhibit Index
Aqua America, Inc. Selected Consolidated Financial Data (Unaudited)


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Item 8.01 Other Events.
    On August 2, 2005, our Board of Directors declared a 4-for-3 common stock split (the “Stock Split”) effected in the form of a 33 1/3% stock distribution for all common shares outstanding, to shareholders of record on November 17, 2005. The new shares were distributed on December 1, 2005. The selected consolidated financial data (unaudited) attached as Exhibit 99.1 to this Report gives effect to the Stock Split retrospectively for the periods indicated therein.
Item 9.01 Financial Statements and Exhibits.
             
 
    (d )   Exhibits.
 
           
 
    99.1     Aqua America, Inc. Selected Consolidated Financial Data (Unaudited).

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SIGNATURE
     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.
         
  AQUA AMERICA, INC.
 
 
Dated: December 16, 2005  By:   ROY H. STAHL    
    Roy H. Stahl   
    Executive Vice President and General Counsel   
 

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Exhibit Index
     
Exhibit   Exhibit Description
 
   
99.1
  Aqua America, Inc. Selected Consolidated Financial Data (Unaudited).

 

exv99w1
 

EXHIBIT 99.1
Aqua America, Inc.
Selected Consolidated Financial Data (Unaudited)
(In thousands, except per share amounts)
     The following table sets forth selected consolidated financial data for the periods and as of the dates indicated. We derived the selected consolidated financial data as of and for the fiscal years ended December 31, 2004, 2003, 2002, 2001 and 2000 from our audited consolidated financial statements and related notes thereto. We derived the selected consolidated financial data as of and for the nine months ended September 30, 2005 and 2004 from our unaudited consolidated financial statements and related notes thereto. The unaudited consolidated financial statements include, in the opinion of our management, all adjustments, consisting of only normal recurring adjustments, necessary for a fair presentation of our financial position and results of operations for the interim periods presented. On August 2, 2005, our Board of Directors declared a 4-for-3 common stock split (the “Stock Split”) effected in the form of a 33 1/3% stock distribution for all common shares outstanding, to shareholders of record on November 17, 2005. The new shares were distributed on December 1, 2005. The per share data set forth in the following table gives effect to the Stock Split retrospectively for all periods presented.
     The following selected consolidated financial data should be read in conjunction with our consolidated financial statements and related notes thereto previously filed with the Securities and Exchange Commission and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” section of our Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2005 (File No. 001-6659). Historical results are not necessarily indicative of results to be expected in any future period.
                                                                           
 
      Nine Months    
      Ended September 30, Years Ended December 31,
        2005       2004       2004       2003       2002       2001       2000    
 
Income Statement Data:
                                                                       
 
Operating revenues
    $ 373,871       $ 326,597       $ 442,039       $ 367,233       $ 322,028       $ 307,280       $ 274,014    
 
Net income available to common stock
      69,006         57,533         80,007         70,785         67,154         60,005         52,784    
 
Basic net income per common share
      0.54         0.46         0.64         0.60         0.59         0.53         0.49    
 
Diluted net income per common share
      0.53         0.46         0.64         0.59         0.58         0.52         0.48    
 
Cash dividends paid per common share
      0.29         0.27         0.37         0.34         0.32         0.30         0.28    
 
Balance sheet data:
                                                                       
 
Total assets (1)
    $ 2,511,511       $ 2,298,783       $ 2,352,190       $ 2,069,736       $ 1,717,069       $ 1,555,108       $ 1,413,723    
 
Long-term debt, including current portion
      878,828         813,370         834,656         736,052         617,175         531,455         472,712    
 
 
 
(1)   Certain prior year amounts have been reclassified to conform with current year’s presentation.