Investor Presentaiton
J
(dollars in millions)
Appendix 43
Operating Expenses (Fourth Quarter)
Three Months Ended December 31,
2020
2019
Variance
Operating, general & admin.
$ 73.1
$ 79.3
$ (6.2)
(7.8%)
Property and other taxes
42.7
38.7
4.0
10.3%
Depreciation and depletion
45.3
43.1
2.2
5.1%
Operating Expenses
$ 161.1
$ 161.1
$ 0.0
0.0%
Decrease in Operating, general & admin expense due to the following factors:
$ (4.4)
Employee benefits
(2.5)
Uncollectible accounts
(1.2)
Environmental costs
(1.1)
Labor
(1.0)
Travel and training
(0.7)
Hazard tree trimming
1.2
Generation maintenance
(2.0)
$ (11.7)
$ 2.9
Other
Change in OG&A Items Impacting Net Income
Non-employee directors deferred compensation, offset in other income
1.4
1.2
$ 5.5
Pension and other postretirement benefits, offset in other income
Operating expense recovered in trackers, offset in revenue
Change in OG&A Items Offset Within Net Income
$ (6.2)
Decrease in Operating, General & Administrative Expenses
$4.0 million increase in property and other taxes was primarily due to plant
additions and higher estimated property valuations in Montana.
$2.2 million increase in depreciation and depletion expense was primarily due to
plant additions
NorthWestern
Energy
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