Consolidated Statement of Common Stockholders’ Equity and Comprehensive Income In thousands Accumulated Additional Other Total Common Paid-in Retained Comprehensive Stockholders’ For the years ended December 31, 2002, 2001 and 2000 Stock Capital Earnings Loss Equity Balance at December 31, 1999 $151 $49,340 $145,610 $(517) $194,584 Net income – – 19,963 – 19,963 Other comprehensive income – – – 31 31 Comprehensive income – – – – 19,994 Issuance of common stock – 644 – – 644 Dividends paid: Preferred stock – – 153 – 153 Common stock – – 16,235 – 16,235 Total dividends paid – – 16,388 – 16,388 Balance at December 31, 2000 151 49,984 149,185 (486) 198,834 Net income – – 14,965 – 14,965 Other comprehensive loss – – – (330) (330) Comprehensive income – – – – 14,635 Acquisition 1 – 220 – 221 Dividends paid: Preferred stock – – 153 – 153 Common stock – – 16,918 – 16,918 Total dividends paid – – 17,071 – 17,071 Balance at December 31, 2001 152 49,984 147,299 (816) 196,619 Net income – – 19,073 – 19,073 Other comprehensive income – – – 682 682 Comprehensive income – – – – 19,755 Dividends paid: Preferred stock – – 153 – 153 Common stock – – 17,004 – 17,004 Total dividends paid – – 17,157 – 17,157 Balance at December 31, 2002 $152 $49,984 $149,215 $(134) $199,217 See accompanying Notes to Consolidated Financial Statements. CALIFORNIA WA TER SERVICE GROUP 39