Thursday, February 09, 2012
      
 
 
Lakeland Power
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Financial Report
The sound financial management of Lakeland Holding Ltd. which includes Lakeland Power, Bracebridge Generation and Lakeland Energy continues to improve our operating performance and meet our stakeholder needs. We strive to maintain a strong and viable set of companies providing a consistent return to our shareholders. Below you will find our latest consolidated financial statements.

Margaret Maw, B.Sc, CGA
Chief Financial Officer
Lakeland Holding Ltd.

 

 2010 Consolidated Financial Statements


 

Welcome to Lakeland Power

Our company distributes electricity to consumers in Bracebridge, Burk’s Falls, Huntsville, Magnetawan and Sundridge.

Along with Bracebridge Generation and Lakeland Energy, Lakeland Power is one of three subsidiaries of Lakeland Holding Ltd. As you can see by our mission, our company’s priority is customer service balanced with good business practices.

Lakeland Power’s rates and most of what we do are regulated by the Ontario Energy Board. We are proud that over the years, our company has been one of the most financially responsible distribution companies in all of Ontario.

We pride ourselves on being a leader in consumer service and electricity reliability. It is a constant challenge to reliably distribute electricity to our consumers in the most heavily forested areas of Ontario. We are constantly assessing our systems and programs to deliver the best services to our consumers.

The electricity distribution is constantly changing and we continue to meet the challenges because of our professional, knowledgeable and dedicated staff.

It is a privilege to serve our consumers and if you have any questions or suggestions, we would be more than happy to hear from you.

Chris Litschko
President & CEO
Lakeland Holding Ltd.

Mission
“Our mission is to provide safe, reliable, and economic, production and delivery of electrical energy, associated products and services to our customers.We are accountable to our shareholders: Bracebridge, Burk’s Falls, Huntsville, Magnetawan and Sundridge.”
 
Vision
 We strive to be an organization that:
  • Provides a safe environment for our employees;
  • Provides safe, reliable, and economic services for our customers;
  • Continues to prosper and be a "good place to work";
  • Provides a safe environment for and maintains good relations with the general public and suppliers;




All with consideration of the Environment

 


 
 
 
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