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Nebraska Assets Form

Nebraska Assets Form

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why are we allocating capital to a business that in its best year generates a return on tangible assets of less than one percent you were doing great until you got to return on tangible assets the uh the the we love the math that you just described as long as we are going to get Returns on the added capital investment and we are in businesses whether it's wind energy in Iowa or whether with Pacific Corp after we bought it there were lots of opportunities for capital investment and the energy which we bought we're looking forward to putting more capital in because as long as we get treated fairly by The Regulators in the states that we operate uh we will get appropriate Returns on that and the return is not measured by the cash minus the increased capital investment we're making it's it uh it's measured by the the operating earnings after depreciation and there will be times in our businesses that were no net investment may be required but we actu

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