<br />
Interest cost on projected<br />
benefit obligation.................... 10,440 9,034<br />
Actual return on assets ............... ( 2 6 , 2 4 4 ) (9,200)<br />
Net amortization and deferral...... 16,833 (123)<br />
Net periodic pension cost............ 6,359 $ 5,019<br />
Early window retirement expense.. 4,213<br />
Total expense for the year ........... $10,572<br />
The weighted-average assumptions used to determine net<br />
periodic pension costs at September 30 are as follows:<br />
2007 2006<br />
Expected long-term rate of return<br />
on assets ............................... 7.5% 7.5%<br />
Discount rates used to value<br />
benefit obligations .................. 6.10% 6.14%<br<a title="2007 Annual Report page 1" href="http://viewer.zmags.com/publication/d45486aa?page=1">o rpetR20la0u7nnAse</a> o rpetR20la0u7nnAse<a title="2007 Annual Report page 2" href="http://viewer.zmags.com/publication/d45486aa?page=2">Trust ProfileCitizens Gas & Coke Utility (Citiz</a> Trust ProfileCitizens Gas & Coke Utility (Citiz<a title="2007 Annual Report page 3" href="http://viewer.zmags.com/publication/d45486aa?page=3">Transition ContentsA Letter from the Presiden</a> Transition ContentsA Letter from the Presiden<a title="2007 Annual Report page 4" href="http://viewer.zmags.com/publication/d45486aa?page=4">1887 City leaders includ </a> 1887 City leaders includ <a title="2007 Annual Report page 5" href="http://viewer.zmags.com/publication/d45486aa?page=5">Citizens1950s Gas rapidly </a> Citizens1950s Gas rapidly <a title="2007 Annual Report page 6" href="http://viewer.zmags.com/publication/d45486aa?page=6">So Long Old Friend When Indianapolis Coke op</a> So Long Old Friend When Indianapolis Coke op<a title="2007 Annual Report page 7" href="http://viewer.zmags.com/publication/d45486aa?page=7">The Indianapolis Coke Plant now sits idle awaitin</a> The Indianapolis Coke Plant now sits idle awaitin<a title="2007 Annual Report page 8" href="http://viewer.zmags.com/publication/d45486aa?page=8">Business of Conservation For homeowner L</a> Business of Conservation For homeowner L<a title="2007 Annual Report page 9" href="http://viewer.zmags.com/publication/d45486aa?page=9">This infrared scanner shows where heat is escapin</a> This infrared scanner shows where heat is escapin<a title="2007 Annual Report page 10" href="http://viewer.zmags.com/publication/d45486aa?page=10">Growing Loyalty When officials at Indianapo</a> Growing Loyalty When officials at Indianapo<a title="2007 Annual Report page 11" href="http://viewer.zmags.com/publication/d45486aa?page=11">An expansive atrium joins the historic library to</a> An expansive atrium joins the historic library to<a title="2007 Annual Report page 12" href="http://viewer.zmags.com/publication/d45486aa?page=12">Shaping Young Lives As Donna Curry tutors</a> Shaping Young Lives As Donna Curry tutors<a title="2007 Annual Report page 13" href="http://viewer.zmags.com/publication/d45486aa?page=13">Donna Curry, right, tutors fourth grader Javontae</a> Donna Curry, right, tutors fourth grader Javontae<a title="2007 Annual Report page 14" href="http://viewer.zmags.com/publication/d45486aa?page=14">Management Discussion and AnalysisForward-lookin</a> Management Discussion and AnalysisForward-lookin<a title="2007 Annual Report page 15" href="http://viewer.zmags.com/publication/d45486aa?page=15">in the prior year and is also partially attribute</a> in the prior year and is also partially attribute<a title="2007 Annual Report page 16" href="http://viewer.zmags.com/publication/d45486aa?page=16">$8.45 per dekatherm in 2006 to $7.49 per dekather</a> $8.45 per dekatherm in 2006 to $7.49 per dekather<a title="2007 Annual Report page 17" href="http://viewer.zmags.com/publication/d45486aa?page=17">Taxes – increase of $1.5 million.Taxes by busine</a> Taxes – increase of $1.5 million.Taxes by busine<a title="2007 Annual Report page 18" href="http://viewer.zmags.com/publication/d45486aa?page=18">2006 and 2007 were reclassified to Discontinued Op</a> 2006 and 2007 were reclassified to Discontinued Op<a title="2007 Annual Report page 19" href="http://viewer.zmags.com/publication/d45486aa?page=19">and the Industrial Intervener group was reached. </a> and the Industrial Intervener group was reached. <a title="2007 Annual Report page 20" href="http://viewer.zmags.com/publication/d45486aa?page=20">Consolidated Statement of OperationsCitizens Gas</a> Consolidated Statement of OperationsCitizens Gas<a title="2007 Annual Report page 21" href="http://viewer.zmags.com/publication/d45486aa?page=21">Consolidated Statement of Financial PositionCiti</a> Consolidated Statement of Financial PositionCiti<a title="2007 Annual Report page 22" href="http://viewer.zmags.com/publication/d45486aa?page=22">Consolidated Statement of Cash FlowsCitizens Gas</a> Consolidated Statement of Cash FlowsCitizens Gas<a title="2007 Annual Report page 23" href="http://viewer.zmags.com/publication/d45486aa?page=23">Consolidated Statement of EquityCitizens Gas & C</a> Consolidated Statement of EquityCitizens Gas & C<a title="2007 Annual Report page 24" href="http://viewer.zmags.com/publication/d45486aa?page=24">Notes To Consolidated Financial StatementsCity o</a> Notes To Consolidated Financial StatementsCity o<a title="2007 Annual Report page 25" href="http://viewer.zmags.com/publication/d45486aa?page=25">I. SUPPLEMENTAL DISCLOSURES OF CASH </a> I. SUPPLEMENTAL DISCLOSURES OF CASH <a title="2007 Annual Report page 26" href="http://viewer.zmags.com/publication/d45486aa?page=26">O. SOFTWARE DEVELOPED FOR INTERNAL USE:Internal</a> O. SOFTWARE DEVELOPED FOR INTERNAL USE:Internal<a title="2007 Annual Report page 27" href="http://viewer.zmags.com/publication/d45486aa?page=27">(In Thousands) </a> (In Thousands) <a title="2007 Annual Report page 28" href="http://viewer.zmags.com/publication/d45486aa?page=28">Gas UtilityDistribution System RevenueRefunding</a> Gas UtilityDistribution System RevenueRefunding<a title="2007 Annual Report page 29" href="http://viewer.zmags.com/publication/d45486aa?page=29">The fair value of the interest rate swap, designa</a> The fair value of the interest rate swap, designa<a title="2007 Annual Report page 30" href="http://viewer.zmags.com/publication/d45486aa?page=30">Interest cost on projected bene</a> Interest cost on projected bene<a title="2007 Annual Report page 31" href="http://viewer.zmags.com/publication/d45486aa?page=31">Total APBO .................... 22,223 </a> Total APBO .................... 22,223 <a title="2007 Annual Report page 32" href="http://viewer.zmags.com/publication/d45486aa?page=32">joint ventures in order to broaden the business a</a> joint ventures in order to broaden the business a<a title="2007 Annual Report page 33" href="http://viewer.zmags.com/publication/d45486aa?page=33">SEGMENT FOOTNOTE - CONSOLIDATED STATEMENT OF OPER</a> SEGMENT FOOTNOTE - CONSOLIDATED STATEMENT OF OPER<a title="2007 Annual Report page 34" href="http://viewer.zmags.com/publication/d45486aa?page=34">SEGMENT FOOTNOTE - CONSOLIDATED STATEMENT OF FINA</a> SEGMENT FOOTNOTE - CONSOLIDATED STATEMENT OF FINA<a title="2007 Annual Report page 35" href="http://viewer.zmags.com/publication/d45486aa?page=35">CAPITAL EXPENDITURES </a> CAPITAL EXPENDITURES <a title="2007 Annual Report page 36" href="http://viewer.zmags.com/publication/d45486aa?page=36">to cease production at the Manufacturing plant, t</a> to cease production at the Manufacturing plant, t<a title="2007 Annual Report page 37" href="http://viewer.zmags.com/publication/d45486aa?page=37">Avenue, both in Indianapolis. Fourteen settlement</a> Avenue, both in Indianapolis. Fourteen settlement<a title="2007 Annual Report page 38" href="http://viewer.zmags.com/publication/d45486aa?page=38">Report Of Independent AuditorsTo the Board of Di</a> Report Of Independent AuditorsTo the Board of Di<a title="2007 Annual Report page 39" href="http://viewer.zmags.com/publication/d45486aa?page=39">Citizens Gas & Coke UtilityBoard of Directors - </a> Citizens Gas & Coke UtilityBoard of Directors - <a title="2007 Annual Report page 40" href="http://viewer.zmags.com/publication/d45486aa?page=40"> Corporate Headquarters2020 North Meridian Str</a> Corporate Headquarters2020 North Meridian Str