Artesian resources corp (ARTNA)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10
ASSETS
Utility plant, at original cost (less accumulated depreciation - 2020 - $139,121; 2019 - $136,588)

537,190

530,721

518,636

512,153

504,801

498,678

487,135

477,699

467,393

460,502

447,762

438,259

430,749

425,502

419,952

413,642

407,173

405,606

403,101

398,923

395,126

393,793

391,136

383,823

379,345

378,960

374,025

370,639

368,340

366,563

362,611

359,055

354,552

353,397

350,504

348,251

346,251

345,383

Current assets
Cash and cash equivalents

330

596

458

185

265

293

233

216

293

952

250

303

209

226

244

223

511

209

525

360

353

243

203

394

451

422

577

501

321

617

512

391

453

311

207

188

323

179

Accounts receivable (less allowance for doubtful accounts - 2020 - $280; 2019 - $264)

6,734

6,913

6,647

4,555

6,975

8,159

8,690

9,758

8,073

8,897

7,245

6,796

6,181

7,796

7,849

7,885

5,809

6,350

6,606

5,943

6,098

5,065

5,044

5,526

4,879

5,115

5,872

5,519

5,852

5,728

5,596

4,692

3,136

4,997

4,814

4,409

5,128

5,094

Income tax receivable

0

19

182

198

9

772

-

-

-

2,353

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax receivable

-

-

-

-

-

-

2,173

261

651

-

1,246

215

223

150

42

57

128

1,428

573

1,784

2,453

3,068

-

-

-

455

-

-

-

-

-

-

-

-

-

-

-

-

Unbilled operating revenues

1,290

1,211

1,424

1,776

1,510

1,441

1,326

1,858

1,296

1,427

1,637

1,657

1,499

1,403

1,620

1,719

1,658

1,535

1,669

-

-

3,314

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unbilled operating revenues

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,954

1,475

-

3,421

2,851

2,740

3,009

2,977

3,593

3,198

2,997

2,897

2,868

4,110

3,636

3,873

4,374

3,041

3,614

Materials and supplies

1,322

1,264

1,275

1,300

1,564

1,459

1,289

1,425

1,417

1,519

1,445

1,605

1,612

1,564

2,058

1,936

1,765

1,713

1,708

1,759

1,854

1,890

1,760

1,746

1,648

1,485

1,604

1,472

1,504

1,353

1,329

1,431

1,434

1,483

1,490

1,360

1,264

1,246

Prepaid property taxes

976

1,954

2,672

3

929

1,870

2,487

4

892

1,795

2,468

3

828

1,669

2,298

3

807

1,591

2,192

3

787

1,401

2,106

3

763

1,491

2,052

2

701

1,328

1,996

2

651

1,293

1,942

3

650

1,260

Prepaid expenses and other

2,027

2,250

2,197

2,696

1,982

2,124

2,166

2,518

1,751

2,042

2,102

2,328

1,629

1,827

1,768

2,164

1,412

1,618

1,701

2,032

1,489

1,667

1,657

1,865

1,562

1,277

1,583

1,194

1,452

1,457

1,408

1,550

1,293

1,530

1,321

1,005

-

2,640

Prepaid expenses and other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,373

-

Total current assets

12,679

14,207

14,855

10,713

13,234

16,118

18,364

16,040

14,373

18,985

16,393

12,907

12,181

14,635

15,879

13,987

12,090

14,444

14,974

13,835

14,509

16,648

14,191

12,385

12,043

13,254

14,665

12,281

13,028

13,480

13,738

10,934

11,077

13,250

13,647

11,339

11,779

14,033

Other assets
Non-utility property (less accumulated depreciation - 2020 - $809; 2019 - $790)

3,793

3,812

3,819

3,826

3,831

3,849

3,866

3,864

3,877

3,882

3,922

3,928

3,898

3,881

3,897

3,916

3,937

3,956

3,977

3,997

4,015

4,030

4,095

4,107

4,125

4,142

4,150

4,134

4,142

4,082

4,215

4,160

4,184

4,214

4,237

4,268

4,434

4,480

Other deferred assets

4,666

4,257

4,205

4,286

4,283

3,931

3,894

3,958

3,967

3,721

3,690

3,730

3,735

3,584

3,575

3,607

3,610

3,444

5,201

5,277

5,314

5,181

5,188

5,264

5,304

5,172

5,178

5,249

5,315

5,196

5,250

5,301

5,333

5,142

5,200

5,310

5,213

5,023

Operating Lease, Right-of-Use Asset

474

480

489

494

499

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total other assets

8,933

8,549

8,513

8,606

8,613

7,780

-

-

-

7,603

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total other assets

-

-

-

-

-

-

7,760

7,822

7,844

-

7,612

7,658

7,633

7,465

7,472

7,523

7,547

7,400

9,178

9,274

9,329

9,211

9,283

9,371

9,429

9,314

9,328

9,383

9,457

9,278

9,465

9,461

9,517

9,356

9,437

9,578

9,647

9,503

Regulatory assets, net

6,785

6,891

6,933

7,031

7,142

7,254

7,404

7,424

7,515

7,549

7,696

7,809

7,922

3,374

3,636

3,806

3,996

4,176

2,609

2,538

2,546

2,561

2,362

2,326

2,290

2,304

2,368

2,359

2,321

2,393

2,539

2,602

2,667

2,734

2,252

2,645

2,622

2,610

Total Assets

565,587

560,368

548,937

538,503

533,790

529,830

520,663

508,985

497,125

494,639

479,463

466,633

458,485

450,976

446,939

438,958

430,806

431,626

429,862

424,570

421,510

422,213

416,972

407,905

403,107

403,832

400,386

394,662

393,146

391,714

388,353

382,052

377,813

378,737

375,840

371,813

370,299

371,529

LIABILITIES AND STOCKHOLDERS' EQUITY
Stockholders' equity
Common stock

9,302

9,292

9,284

9,279

9,268

9,250

9,246

9,241

9,230

9,215

9,193

9,183

9,145

9,127

9,114

9,107

9,073

9,058

9,001

8,929

8,920

8,912

8,900

8,892

8,864

8,830

8,793

8,782

8,741

8,710

8,695

8,660

8,642

8,611

8,592

7,675

7,665

7,637

Preferred stock

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Additional paid-in capital

102,132

101,811

101,552

101,298

101,063

100,639

100,422

100,208

99,951

99,526

99,029

98,808

97,910

97,480

97,073

96,821

96,002

95,631

94,379

92,938

92,744

92,545

92,271

92,062

91,508

90,841

90,086

89,805

88,979

88,399

87,806

87,152

86,815

86,311

85,865

70,651

70,455

69,989

Retained earnings

50,920

49,165

46,067

43,926

44,711

43,362

40,417

38,728

39,213

37,903

36,362

34,548

33,418

32,416

29,690

29,460

28,462

27,642

25,809

26,053

22,821

24,148

22,004

22,485

22,403

22,165

20,617

21,657

20,945

21,071

19,325

19,955

18,917

18,075

16,330

17,379

17,084

17,520

Total stockholders' equity

162,354

160,268

156,903

154,503

155,042

153,251

150,085

148,177

148,394

146,644

144,584

142,539

140,473

139,023

135,877

135,388

133,537

132,331

129,189

127,920

124,485

125,605

123,175

123,439

122,775

121,836

119,496

120,244

118,665

118,180

115,826

115,767

114,374

112,997

110,787

95,705

95,204

95,146

Long-term debt, net of current portion

143,563

144,156

114,558

114,982

115,352

115,862

111,826

104,904

105,179

105,587

105,860

81,262

81,533

102,331

102,599

102,992

103,259

103,647

103,911

104,295

104,557

104,954

105,251

105,485

105,475

105,510

105,713

106,079

106,022

106,257

105,729

106,043

106,243

106,539

105,955

106,729

106,920

105,061

Total stockholders' equity and long term debt

305,917

304,424

271,461

269,485

270,394

269,113

261,911

253,081

253,573

252,231

250,444

223,801

222,006

241,354

238,476

238,380

236,796

235,978

233,100

232,215

229,042

230,559

228,426

228,924

228,250

227,346

225,209

226,323

224,687

224,437

221,555

221,810

220,617

219,536

216,742

202,434

202,124

200,207

Current liabilities
Lines of credit

8,638

7,500

31,693

25,699

18,611

15,942

15,358

19,433

14,447

9,610

6,300

5,195

3,892

7,130

4,008

4,818

6,466

10,487

12,366

13,816

13,702

18,491

14,436

10,639

7,769

10,332

9,674

8,700

10,087

10,717

10,549

8,754

9,078

11,740

12,195

25,632

25,306

29,071

Current portion of long-term debt

1,789

1,706

1,671

1,834

-

1,725

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends payable

-

-

2,317

2,282

-

-

2,240

2,206

-

-

-

-

-

-

2,081

-

-

-

1,995

-

1,947

-

1,914

-

-

-

1,836

-

-

-

-

-

-

-

-

-

-

-

Current portion of long-term debt

-

-

-

-

1,827

-

1,534

1,358

4,676

1,344

1,340

26,330

26,326

1,316

1,312

1,302

1,298

1,289

1,285

1,276

1,272

1,245

1,151

1,142

1,140

1,132

1,130

1,121

1,120

1,111

1,110

1,726

1,724

1,718

1,716

1,653

1,652

1,545

Accounts payable

6,597

8,176

4,950

4,412

4,863

8,187

5,173

5,119

2,982

8,853

5,761

3,404

4,341

5,532

4,402

3,633

3,052

4,914

3,182

2,617

3,431

3,783

3,910

3,342

3,496

4,140

3,693

1,942

4,199

3,499

3,485

2,945

2,664

2,784

2,741

2,636

3,593

3,401

Dividends payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,763

-

-

-

1,658

-

-

-

Accrued expenses

2,708

3,113

2,561

2,498

4,427

3,902

3,487

3,330

660

2,888

3,531

3,200

2,506

1,309

2,570

2,205

1,501

1,254

1,695

1,731

1,788

1,513

5,881

5,293

3,918

3,710

4,660

4,077

3,753

3,430

3,309

2,476

2,613

2,253

2,607

2,847

1,767

2,126

Overdraft payable

28

15

51

778

369

117

495

474

1,354

304

1,293

1,183

774

32

896

841

971

546

764

537

861

141

686

882

1,196

746

80

878

491

750

788

1,334

519

365

611

425

603

740

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,143

397

543

812

1,060

199

504

838

1,044

258

552

837

1,067

370

456

772

935

0

251

459

Accrued interest

1,497

830

1,229

1,807

1,349

784

1,170

1,585

1,132

1,805

1,347

924

1,250

1,000

1,164

990

1,165

1,032

1,211

1,036

1,193

1,428

1,585

1,037

1,189

1,054

1,251

1,135

1,262

1,065

1,282

1,266

1,403

1,223

1,352

1,215

1,344

1,189

Income taxes payable

2,740

343

732

899

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

The current portion of money or property received from customers which is either to be returned upon satisfactory contract completion. Also includes the current portion of money received from developers in advance for materials needed related to the connection of water service.

-

-

-

-

-

1,850

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax payable

-

-

-

-

1,292

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Customer and other deposits

1,970

1,970

1,074

1,063

1,057

-

1,029

1,014

-

969

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenue reserve for refund

-

-

0

0

3,772

3,298

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Customer deposits

-

-

-

-

-

-

-

-

992

-

951

927

901

864

842

807

755

704

713

726

710

713

748

780

793

801

779

828

858

967

924

955

984

942

916

907

865

805

Other

1,956

1,946

3,969

2,477

2,924

1,926

6,688

4,813

4,054

2,688

2,709

3,047

2,976

2,145

3,618

2,856

2,230

2,177

2,975

3,583

2,774

2,066

2,830

2,599

2,624

2,810

2,285

2,828

2,160

2,563

2,888

3,200

2,619

2,863

2,077

2,938

2,848

2,549

Total current liabilities

27,923

25,599

50,247

43,749

40,491

37,731

37,174

39,332

30,297

28,461

23,232

44,210

42,966

19,328

20,893

17,452

17,438

22,403

27,329

25,719

28,221

30,192

34,201

25,913

22,629

25,563

26,432

21,767

24,482

24,939

27,165

23,026

22,060

24,660

26,808

38,253

38,229

41,885

Commitments and contingencies (Note 12)

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

0

Deferred credits and other liabilities
Net advances for construction

5,302

5,421

5,814

6,093

6,330

6,596

7,114

7,433

-

7,797

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities

445

450

459

463

468

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net advances for construction

-

-

-

-

-

-

-

-

7,685

-

8,200

7,844

7,925

8,169

8,542

8,608

8,522

8,752

9,359

9,671

9,947

10,228

10,778

11,030

11,158

11,427

12,215

12,539

12,732

13,023

13,530

13,913

14,249

14,405

15,410

15,832

16,148

16,159

Regulatory liabilities

22,104

22,246

22,452

22,603

22,719

22,813

23,927

23,151

23,202

23,201

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Regulatory liabilities

-

-

-

-

-

-

-

-

-

-

149

149

149

1,022

230

230

230

230

268

268

268

268

309

309

309

309

374

374

374

374

455

455

455

455

366

418

471

525

Deferred investment tax credits

486

490

495

499

504

508

513

517

522

526

530

535

539

544

548

553

558

562

567

572

576

581

586

591

596

601

607

612

617

622

627

632

637

643

648

653

659

664

Deferred income taxes

50,953

52,259

-

-

-

55,054

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Utility plant retirement cost obligation

-

-

-

-

-

-

-

-

-

-

686

808

853

-

933

906

902

883

923

919

925

913

908

1,008

999

979

1,061

1,073

1,098

1,092

1,118

1,148

-

0

-

-

-

-

Utility plant retirement cost obligation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,151

-

-

-

-

-

Deferred income taxes

-

-

53,224

53,373

54,290

-

55,464

53,660

53,549

54,137

74,678

70,607

69,695

68,453

66,449

64,711

63,518

62,971

60,754

59,306

58,054

57,043

51,630

50,949

50,339

49,742

48,085

47,352

46,472

45,879

44,351

43,786

42,804

41,732

40,545

39,261

38,101

37,558

Total deferred credits and other liabilities

79,290

80,866

82,444

83,031

84,311

84,971

87,018

84,761

84,958

85,661

84,243

79,943

79,161

78,188

76,702

75,008

73,730

73,398

71,871

70,736

69,770

69,033

64,211

63,887

63,401

63,058

62,342

61,950

61,293

60,990

60,081

59,934

59,296

57,235

56,969

56,164

55,379

54,906

Net contributions in aid of construction

152,457

149,479

144,785

142,238

138,594

138,015

134,560

131,811

128,297

128,286

121,544

118,679

114,352

112,106

110,868

108,118

102,842

99,847

97,562

95,900

94,477

92,429

90,134

89,181

88,827

87,865

86,403

84,622

82,684

81,348

79,552

77,282

75,840

77,306

75,321

74,962

74,567

74,531

Total Liabilities and Stockholders' Equity

565,587

560,368

548,937

538,503

533,790

529,830

520,663

508,985

497,125

494,639

479,463

466,633

458,485

450,976

446,939

438,958

430,806

431,626

429,862

424,570

421,510

422,213

416,972

407,905

403,107

403,832

400,386

394,662

393,146

391,714

388,353

382,052

377,813

378,737

375,840

371,813

370,299

371,529