Exhibit Index on Page 3
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): April 25, 1996
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AMERICAN WATER WORKS COMPANY, INC.
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(Exact name of registrant as specified in its charter)
Delaware 1-3437-2 51-0063696
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
1025 Laurel Oak Road, P.O. Box 1770, Voorhees, New Jersey 08043
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (609) 346-8200
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This document consists of 5 pages.
<PAGE> 1
Item 5. Other Events.
On April 25, 1996, American Water works Company, Inc. reported
results of operations for the quarter ended March 31, 1996. A copy of the
press release announcing the results is attached as an exhibit hereto.
Item 7. Financial Statements and Exhibits.
(c) Exhibits.
Exhibit No. Description Page
- ----------- ----------- ----
99 Press release issued by 4 and 5
American Water Works
Company, Inc. on
April 25, 1996
<PAGE> 2
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.
AMERICAN WATER WORKS COMPANY, INC.
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(Registrant)
By: George W. Johnstone
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Name: George W. Johnstone
Title: President and Chief Executive Officer
Date: April 25, 1996
<PAGE> 3
EXHIBIT INDEX
Exhibit No.
As provided Page in
in Item 601 Sequentially
Exhibit Number Description Numbered Copy
- -------------- ------------------------ -------------
99 Press release issued by 4 and 5
American Water Works
Company, Inc. on
April 25, 1996
<PAGE> 4
EXHIBIT 99
[American Water Works Company, Inc. Logo]
NEWS RELEASE
FOR RELEASE: FOR IMMEDIATE RELEASE
- -----------
CONTACT: GEORGE W. JOHNSTONE
- ------- PRESIDENT AND CHIEF EXECUTIVE OFFICER
(609) 346-8200
AMERICAN WATER WORKS
REPORTS HIGHER FIRST QUARTER EARNINGS
VOORHEES, NJ -- April 25, 1996 -- American Water Works Company, Inc.
(NYSE-AWK) today reported first quarter 1996 net income to common stock of
$16.0 million, a 28 percent increase over the $12.6 million reported for
the same quarter of 1995. Earnings per share for the quarter this year
were up 24 percent to 47 cents from 38 cents last year. First quarter
revenues increased 10 percent, to $198.2 million from $180.8 million in
1995.
American Water Works President and Chief Executive Officer George W.
Johnstone said the first quarter results reflected continuing efforts to
achieve cost efficiencies throughout operations and rate increases which
recognize the capital costs of providing safe, reliable water service. In
addition, this year's first quarter results reflect the acquisition of the
water business of Pennsylvania Gas and Water Company on February 16, 1996.
American Water Works Company is the largest and most geographically
diverse investor-owned water utility business in the U.S. The company,
through its 22 regulated subsidiaries, serves more than 800 communities
with a population of approximately 7 million in 21 states.
..more..
1025 Laurel Oak Road o P.O. Box 1770 o Voorhees, New Jersey 08043 o (609)
346-8200
<PAGE> 5
American Water Earnings
Page 2
For the three and twelve month periods ended March 31, American Water
Works Company, Inc. reported unaudited consolidated revenues and income as
follows:
Three Months Ended Twelve Months Ended
March 31, March 31,
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1996 1995 1996 1995
(In thousands, except per share amounts)
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Operating revenues $198,189 $180,844 $820,165 $773,426
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Net income 17,031 13,547 95,545 81,769
Dividends on preferred stocks 996 996 3,984 3,984
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Net income to common stock $ 16,035 $ 12,551 $ 91,561 $ 77,785
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Average shares of common stock
outstanding (in thousands) 34,153 32,794 33,712 32,285
Earnings per common share on
average shares outstanding $.47 $.38 $2.72 $2.41
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