ALLETE, Inc. ALE Cash Flow

Allete, inc. (ALE)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10
Operating Activities [Abstract]
Net Income
64,500	49,600	31,200	34,200	70,500	61,100	30,700	31,300	51,000	41,400	44,900	36,900	49,000	44,300	40,300	24,800	46,400	18,800	60,300	22,300	40,100	33,200	41,600	16,900	33,800	33,000	25,200	14,000	32,500	28,900	29,400	14,400	24,400	19,100	20,500	16,900	37,100	13,100	19,500	19,400	22,800
AFUDC – Equity
500	400	600	700	600	300	400	200	300	500	300	200	200	400	500	300	900	700	1,000	700	900	1,900	2,100	2,000	1,800	1,200	1,300	1,000	1,100	1,700	1,500	1,100	800	800	600	1,700	-600	7,600	-1,300	-900	-1,200
Income from Equity Investments – Net of Dividends
0	2,400	5,400	-3,400	1,200	1,000	1,700	100	-500	7,000	-1,300	-1,000	-1,500	100	-2,900	0	-2,900	1,900	-1,400	-1,500	-800	400	-1,100	-1,100	-800	-1,100	-800	-1,000	-1,300	-1,000	-1,000	-1,000	-700	-1,300	-1,000	-900	0	-900	-800	-1,000	-400
Change in Fair Value of Contingent Consideration
-	-	-	-	-	-	-	-	-	-	-	0	-400	-13,600	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Realized and Unrealized (Gain) Loss on Investments and Property, Plant and Equipment
-3,100	-	-	-	2,200	-	-	-	-100	-	-	-	100	-	-	-	0	-	-	-	-	-	-	-	-	-200	-1,500	100	-1,000	200	0	0	0	0	-200	0	-700	-	-	-	-
Gain on Sale of Investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-700	0
Depreciation Expense
53,400	50,300	49,500	50,100	50,700	50,800	50,100	54,700	44,500	24,500	49,500	48,700	49,200	48,800	47,600	47,400	46,800	45,200	42,000	40,300	38,400	36,200	33,500	33,800	32,200	30,300	29,400	28,700	28,200	25,800	25,000	24,800	24,600	23,300	22,700	22,100	22,300	20,700	20,000	19,800	20,000
Amortization of Power Purchase Agreements
2,800	2,900	2,900	2,900	2,900	5,700	6,000	5,900	6,000	5,900	5,900	5,900	5,900	5,600	5,600	5,500	5,600	6,100	6,100	6,100	4,900	3,700	2,800	3,900	2,300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of Other Intangible Assets and Other Assets
2,600	3,100	6,700	-600	3,800	2,600	2,800	2,200	2,800	2,600	2,300	2,400	2,900	2,200	3,100	2,700	2,300	600	2,100	2,100	800	-100	300	200	300	200	300	200	300	300	200	300	200	200	200	300	200	200	200	300	200
Deferred Income Tax Expense (Benefit)
-13,800	-2,200	-2,400	-4,700	2,600	-6,700	400	-5,100	-4,400	-19,900	14,100	7,200	13,000	3,900	1,700	4,600	9,200	-1,400	14,200	6,200	6,100	7,500	11,600	4,800	8,800	8,200	8,800	4,300	7,300	14,100	10,300	4,800	8,300	11,200	12,800	3,700	8,100	1,000	41,900	11,300	11,800
Share-Based and ESOP Compensation Expense
1,700	1,400	1,600	1,500	1,800	1,700	1,800	1,600	1,700	1,600	1,700	1,500	1,800	1,500	1,400	1,600	600	9,500	800	700	600	600	300	600	800	600	500	700	600	400	500	500	700	-100	600	500	600	600	500	600	500
ESOP Compensation Expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	2,400	2,500	2,400	2,400	2,200	2,300	2,200	2,400	2,000	2,000	2,000	2,200	1,800	1,900	1,800	2,100	1,700	1,700	1,900	1,900	1,700	1,700	1,800
Defined Benefit Pension and Postretirement Benefit Expense
0	-600	-300	1,000	1,100	2,200	2,100	2,100	2,200	2,500	2,600	2,500	2,500	700	1,300	1,300	1,300	3,900	3,800	3,900	3,800	3,200	3,200	3,200	3,200	4,200	5,600	5,600	5,600	6,900	6,800	6,900	6,900	5,100	6,200	6,100	6,200	-	-	-	-
Payments / Provision for Interim Rate Refund
0	0	0	-40,600	600	3,300	4,200	4,400	4,400	32,300	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments / Provision for Tax Reform Refund
0	0	20,700	-20,500	10,200	-1,500	-15,900	-800	7,500	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Bad Debt Expense
400	200	300	-1,000	400	-400	800	400	300	300	500	400	-400	1,600	1,400	500	600	800	500	100	200	700	500	400	200	400	500	300	100	100	400	200	300	200	500	300	200	300	300	300	200
Gain (Loss) on Disposition of Business
0	3,000	0	500	20,100	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in Operating Assets and Liabilities [Abstract]
Accounts Receivable
3,400	11,500	-68,100	54,900	-20,900	14,600	-5,600	-4,600	6,300	17,600	-12,000	2,300	100	-15,300	4,100	10,700	-4,200	-10,500	-5,700	9,500	7,800	-20,400	-4,100	18,100	2,900	-16,800	-1,700	7,200	2,700	-15,700	-6,800	9,700	2,700	-4,200	-4,400	19,400	7,800	12,300	-4,500	10,700	-600
Inventories
6,200	-11,800	25,400	-14,600	5,100	-68,100	15,800	-2,900	-300	-17,200	4,500	7,100	-6,300	3,600	3,000	5,600	1,100	2,000	-10,700	-4,600	-8,800	-8,300	3,700	-6,400	-6,500	5,400	6,300	-6,700	5,500	6,900	-7,400	2,900	-3,100	0	-7,800	-5,200	3,900	2,800	-5,700	-5,500	5,400
Prepayments and Other
-4,000	7,000	-10,600	6,200	-2,900	9,700	-8,500	4,000	-1,200	3,200	-2,200	2,500	1,800	-6,200	100	-900	100	4,100	-4,600	4,900	-700	-4,000	1,800	4,800	2,200	-5,800	-3,000	1,900	5,500	-9,800	1,700	-2,600	4,200	-4,300	-2,200	3,900	4,100	-1,900	-4,800	-2,500	4,900
Accounts Payable
-5,500	-5,500	7,900	-5,700	-5,500	3,700	1,800	8,200	-100	-4,900	10,000	-1,300	-11,300	5,900	-700	5,500	-4,200	-19,300	25,600	-11,600	-14,000	12,100	9,800	-11,100	100	-2,800	14,000	900	-11,000	-200	6,900	-300	-7,900	7,000	1,200	-5,000	-12,700	2,100	14,100	9,600	-20,000
Other Current Liabilities
7,100	2,100	8,100	-14,800	-9,100	-14,500	22,500	-18,600	17,300	-900	15,500	-11,800	-1,000	12,100	-4,500	-19,400	900	5,900	-48,200	49,100	-1,700	9,300	-3,100	-11,300	1,600	10,200	-3,000	-5,100	-700	14,400	7,400	900	-900	19,800	5,700	-10,300	200	7,200	1,700	-8,700	5,000
Cash Contributions to Defined Benefit Pension Plans
10,700	0	0	0	10,400	0	0	0	15,000	0	0	0	1,700	0	6,300	0	0	-	-	-	-	-	-	-	-	21,600	0	0	-10,800	-8,800	0	0	0	-7,200	-6,600	0	-10,900	-	-	-	-
Changes in Regulatory and Other Non-Current Assets
11,400	6,800	30,200	-11,900	0	500	-13,000	2,000	3,800	-57,600	17,200	-2,900	9,600	7,600	2,700	-23,800	2,800	6,800	3,400	-5,500	-4,100	-8,300	-1,500	-7,500	-4,000	-4,800	-5,500	-6,100	-1,900	-15,900	-3,200	-3,900	2,100	-8,100	1,800	1,300	-2,500	-6,400	5,500	0	5,100
Changes in Regulatory and Other Non-Current Liabilities
6,300	-1,400	-8,100	2,500	-8,900	-5,600	-5,800	100	7,400	-7,800	-18,700	-2,600	-2,600	3,300	10,700	-1,800	-1,100	-5,000	-5,000	-1,000	7,500	-1,200	-7,800	9,600	2,000	-11,700	2,000	6,900	-4,300	-3,000	-3,100	1,200	5,700	-6,600	4,000	6,600	3,900	1,300	-700	-2,200	1,200
Cash from Operating Activities
88,800	73,100	81,200	16,100	79,100	135,000	103,700	73,100	121,300	95,700	122,800	85,700	98,700	97,100	91,600	53,000	93,200	85,500	72,300	110,500	71,800	57,700	86,000	51,200	74,900	50,500	77,800	52,900	58,200	44,100	67,400	59,600	68,500	56,600	55,100	60,900	69,100	40,700	79,500	51,800	56,700
Investing Activities [Abstract]
Proceeds from Sale of Available-for-sale Securities
900	900	5,200	3,300	2,700	900	2,100	3,900	3,300	4,900	4,200	700	300	2,200	5,400	300	1,100	1,000	0	500	200	300	600	2,100	600	1,100	6,900	200	7,900	300	200	500	500	400	200	200	7,000	0	100	-100	600
Payments for Purchase of Available-for-sale Securities
1,100	1,100	5,200	3,300	2,600	800	2,700	4,500	5,300	2,700	4,300	1,100	500	2,200	6,000	900	300	1,200	300	400	400	700	900	2,700	700	1,900	1,400	200	1,200	300	500	200	800	700	400	300	900	500	400	200	1,200
Acquisitions of Subsidiaries – Net of Cash and Restricted Cash Acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,500	110,400	47,500	166,900	37,200	0	0	23,100	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Payments for Equity Investments
27,800	11,500	21,800	4,100	500	34,200	1,100	2,300	1,600	1,200	1,600	1,900	3,100	1,900	1,900	400	1,200	400	400	400	400	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Return of Capital From Equity Investments
0	0	0	0	8,300	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Sale of U.S. Water Services - Net of Transaction Costs and Cash Retained
0	-	1,900	-500	264,700	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Additions to Property, Plant and Equipment
154,300	175,800	185,300	146,700	89,300	111,400	67,600	45,300	88,100	78,200	49,200	44,400	36,700	146,100	44,700	32,400	42,400	78,600	67,700	52,300	88,200	105,000	133,900	117,700	216,200	133,200	66,700	58,800	69,800	73,900	110,100	167,900	53,900	82,400	65,200	40,100	51,500	76,200	93,200	31,400	48,100
Other Investing Activities
-	-	-	-	-	-	-	-	-	-	-	1,900	100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Construction Costs for Development Project
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	200	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Sale of Productive Assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	200	0	-	-	-	-	-	-	-	-	400	0	300	600	300	0	0	0	0	800	0	1,400	0	0	0	0
Changes to Other Investments
200	300	800	-12,200	-1,800	-4,300	0	1,300	-2,700	-	-	-	1,200	-2,600	-400	-1,900	-200	-3,100	-400	400	0	-1,900	-500	-600	-30,000	1,800	7,900	1,600	1,000	4,100	2,300	1,700	1,500	3,300	2,700	500	900	-3,900	2,000	-1,200	1,800
Investment in ATC
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,100	1,200	-	700	1,200	400	800	1,900	1,200	800	0	600	600	800	400	0	2,400	-1,200
Changes in Restricted Cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,400	600	0	-6,000	5,400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Cash from (for) Investing Activities
-182,500	-185,300	-206,000	-139,100	185,100	-141,200	-69,300	-49,500	-89,000	-77,300	-67,000	-43,600	-41,100	-151,400	-46,800	-31,300	-42,600	-84,500	-163,100	-115,300	-255,900	-167,200	-135,100	-118,800	-204,600	-141,600	-69,800	-61,300	-63,900	-78,500	-114,600	-170,500	-56,500	-86,000	-67,900	-41,300	-45,700	-73,200	-95,500	-30,500	-51,700
Financing Activities [Abstract]
Proceeds from Issuance of Common Stock
3,300	200	200	700	800	5,700	3,900	6,400	4,300	5,500	6,100	3,800	70,600	3,900	11,800	6,200	9,000	6,000	7,000	6,700	141,500	71,700	90,000	14,100	24,800	34,900	30,000	9,900	23,400	24,900	21,600	6,800	23,700	9,000	7,200	20,800	2,100	1,500	3,800	7,900	7,300
Proceeds from Issuance of Long-term Debt
110,000	1,900	100,000	0	100,000	2,900	700	72,000	0	-	-	-	-	-	-	-	-	-	-	-	-	0	160,000	115,000	100,000	19,800	0	150,000	0	-	-	-	-	-	-	-	-	0	75,000	0	80,000
Changes in Restricted Cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,100	3,800	-5,800	6,300	5,100	-2,100	-800	-400	-1,400	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in Notes Payable
-	-	-	-	-	-	-	-	-	-	-	-	1,300	-	-900	200	-900	1,600	0	-300	-3,400	1,000	2,700	0	0	-	-	-	-	-	-	-	500	-4,500	3,100	2,000	-500	0	-400	-300	-200
Repayments of Long-Term Debt
1,400	6,100	16,300	6,000	43,800	36,000	1,600	56,000	1,900	6,000	56,600	100,700	26,300	7,000	18,600	5,500	26,600	78,400	78,400	1,400	2,000	400	113,300	1,000	19,800	11,500	700	63,800	1,700	1,800	21,000	1,700	1,400	300	1,300	500	1,000	800	300	500	69,400
Payments to Acquire Additional Interest in Subsidiaries
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	6,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition-Related Contingent Consideration Payments
0	0	0	0	3,800	0	0	0	0	0	0	4,600	15,100	100	100	100	600	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt Issuance Costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,300	900	900	100	0	1,300	0	-	-	-	-	-	-	-	-	0	700	0	700
Dividends on Common Stock
31,900	30,400	30,300	30,400	30,300	28,800	28,800	28,700	28,700	27,300	27,400	27,100	26,900	25,700	25,800	25,500	25,700	23,900	24,500	24,600	24,900	21,400	20,700	20,600	21,100	18,000	19,000	18,700	19,500	16,900	16,700	17,800	17,700	15,200	15,500	15,200	16,200	15,600	14,400	15,600	15,200
Other Financing Activities
100	100	-200	100	-900	-100	100	-400	-200	0	-200	-1,400	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash from Financing Activities
80,100	69,500	53,400	-35,600	22,000	-56,300	-25,700	-6,700	-26,500	-27,800	-32,800	-45,100	3,600	-28,300	-29,500	-26,800	-50,600	-7,000	133,200	-6,700	110,400	104,800	116,000	106,600	77,000	23,900	11,500	76,100	2,200	10,900	142,900	1,300	5,100	-4,600	68,500	7,100	-15,600	-14,900	63,000	-8,500	1,800
Change in Cash, Cash Equivalents and Restricted Cash
-13,600	-42,700	-71,400	-158,600	286,200	-62,500	8,700	16,900	5,800	-9,400	23,000	-3,000	61,200	-82,600	15,300	-5,100	0	-6,000	42,400	-11,500	-73,700	-4,700	66,900	39,000	-52,700	-67,200	19,500	67,700	-3,500	-23,500	95,700	-109,600	17,100	-34,000	55,700	26,700	7,800	-47,400	47,000	12,800	6,800