Artesian resources corp (ARTNA)
CashFlow / 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'10Sep'10Jun'10Mar'10
CASH FLOWS FROM OPERATING ACTIVITIES
Net income applicable to common stock

4,074

3,099

4,458

3,778

3,590

2,945

3,929

3,926

3,478

3,704

3,942

3,251

3,086

2,726

4,358

3,040

2,830

1,835

3,700

3,232

2,538

2,144

3,317

1,962

2,083

1,547

2,603

2,511

1,640

1,747

2,849

2,745

2,505

1,746

2,238

1,753

1,009

1,279

2,897

1,798

1,646

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization

2,752

2,686

2,679

2,723

2,715

2,665

2,514

2,541

2,568

2,531

2,376

2,329

2,319

2,353

2,271

2,249

2,315

2,240

2,196

2,192

2,209

2,120

2,260

2,155

2,138

2,087

2,065

2,058

2,041

2,050

1,956

1,964

1,960

1,880

1,897

1,823

1,810

1,828

1,750

1,723

1,731

Deferred income taxes, net

-

-

-

-

-

-

-

-106

592

-

-4,066

-908

-1,237

-2,000

-1,733

-2,274

543

-9,124

2,188

1,102

737

-9,350

1,537

300

258

-6,241

1,514

581

303

-7,089

1,257

891

750

-7,913

2,214

903

330

-

-

-

-

Deferred income taxes, net

-1,310

-

-

-

-768

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,398

345

669

Compensation expense

45

-

-

-

47

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock compensation

-

-

-

-

-

-

-

48

47

-

48

293

34

35

35

22

0

137

0

13

33

34

34

33

34

34

34

31

24

25

25

29

29

29

29

31

31

31

32

27

21

AFUDC, equity portion

281

237

338

166

145

140

101

130

56

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

AFUDC, equity portion

-

-

-

-

-

-

-

-

-

-

-

-

47

-

57

32

16

62

57

28

16

16

102

61

33

50

64

50

44

44

85

54

22

15

40

66

-21

-

-

-

-

Changes in assets and liabilities:
AFUDC

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

73

24

43

Accounts receivable, net of allowance for doubtful accounts

-179

1,606

2,092

-2,420

-1,184

294

-1,068

1,685

-824

738

449

615

-1,615

-1,207

-36

2,076

-541

-674

663

-155

1,033

-76

-482

647

-236

-601

353

-333

124

158

904

1,556

-1,861

65

405

-651

-34

-1,144

-72

761

165

Income tax receivable

-19

-163

-16

189

-763

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax receivable

-

-

-

-

-

-

-

-

1,702

-

-1,031

8

-73

-108

15

71

1,300

-856

1,212

669

615

-3,012

144

73

182

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unbilled operating revenues

79

-213

-352

266

69

115

-532

562

-131

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unbilled operating revenues

-

-

-

-

-

-

-

-

-

-

-

-

96

-

-99

61

123

-134

-285

479

-1,839

-107

570

111

-269

32

-616

395

201

100

29

-1,242

474

-237

-501

187

573

743

-114

-1,172

639

Materials and supplies

58

-11

-25

-264

105

170

-136

8

-102

74

-160

-7

48

-494

122

171

52

6

-52

-95

-36

130

14

98

163

-119

132

-32

151

24

-102

-3

-49

-7

130

132

-18

34

67

-57

-18

Prepaid property taxes

-978

-718

2,669

-926

-941

-617

2,483

-888

-903

-673

2,465

-825

-841

-629

2,295

-804

-784

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other

-223

53

-499

714

-142

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid property taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-784

-614

-

2,103

-760

-728

-561

2,050

-699

-627

-668

1,994

-649

-642

-

-

-

-

-

-

-

-

Prepaid property taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

610

-

-1,890

622

597

Prepaid expenses and other

-

-

-

-

-

-

-

-

-291

-

-226

699

-198

59

-396

752

-206

-86

-328

543

-178

66

-64

376

12

-185

389

-258

-5

301

-142

257

-237

209

316

-2,902

1,267

1,875

-987

-64

512

Other deferred assets

418

61

-73

12

361

46

-55

-1

255

40

-32

4

160

18

-24

6

175

24

-35

4

174

34

-35

0

173

6

-20

4

149

9

11

6

240

-10

25

493

-254

239

85

8

-221

Regulatory assets

-92

-116

-83

-94

-95

-249

-3

-74

-91

-130

-95

-96

-84

-245

-153

-173

-163

-187

55

-25

-30

93

49

47

-2

-25

9

38

-72

-146

-63

-65

-67

482

-393

47

-12

199

-197

-8

98

Regulatory liabilities

-178

-281

-151

-96

-114

-1,114

776

-50

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax payable

2,397

-389

-167

-393

1,292

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable

-1,579

3,226

538

-451

-3,324

3,014

54

443

-4,177

3,092

2,357

-937

-1,191

1,130

769

581

-1,862

1,732

565

-814

-352

-127

568

-154

-644

447

1,751

-2,257

700

14

540

281

-120

43

105

-957

192

282

690

-1,227

-40

Accrued expenses

-405

552

63

-1,929

525

415

157

348

94

-643

331

694

1,197

-1,261

365

704

247

-441

-36

-57

275

-4,368

588

1,375

208

-950

583

324

323

121

833

-137

360

-354

-240

1,080

-359

847

189

552

-147

Accrued interest

667

-399

-578

458

565

-386

-415

453

-673

458

423

-326

250

-164

174

-175

133

-179

175

-157

-235

-157

548

-152

135

-124

116

-127

124

-144

16

-137

180

-129

137

-129

155

-149

131

-148

-6

The increase (decrease) during the reporting period in revenue reserved for refund.

0

0

0

-3,772

474

3,298

0

-748

748

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Customer deposits and other

11

-

1,504

-441

174

-

1,888

1,531

641

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Customer deposits and other, net

-

-

-

-

-

-

-

-

-

-

-

-

868

-

797

678

104

-811

-617

825

705

-799

199

-38

-194

474

-592

638

-439

-355

-343

552

-202

812

-852

132

359

22

-635

1,336

-30

Postretirement benefit obligation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-81

0

0

0

89

-52

-53

-54

-162

-16

-17

-17

NET CASH PROVIDED BY OPERATING ACTIVITIES

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,938

-

7,118

7,010

7,999

1,503

6,938

4,974

5,054

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET CASH PROVIDED BY OPERATING ACTIVITIES

7,129

5,706

4,188

1,355

7,621

8,073

8,404

6,797

5,867

10,187

9,761

5,717

10,114

-

-

-

-

-

-

-

-

-

-

-

-

-

5,713

4,594

4,751

-

4,417

6,274

7,582

5,267

3,515

4,856

5,584

4,912

3,255

4,455

5,556

CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures (net of AFUDC, equity portion)

9,212

13,333

9,187

9,079

9,078

14,091

11,968

13,115

9,879

12,810

11,144

9,476

7,664

8,247

7,954

7,780

4,270

4,819

6,294

5,972

3,609

4,473

9,553

6,974

2,730

7,252

5,395

4,454

4,087

5,759

4,825

6,365

3,597

5,002

4,197

4,001

2,587

8,053

5,384

3,698

2,568

Proceeds from sale of assets

30

8

7

22

14

5

14

20

10

16

56

6

9

36

28

13

19

23

8

11

6

8

14

4

9

19

2

6

6

4

11

3

11

8

17

18

12

18

8

15

20

NET CASH USED IN INVESTING ACTIVITIES

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4,251

-

-6,286

-5,961

-3,603

-4,465

-9,539

-6,970

-2,721

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET CASH USED IN INVESTING ACTIVITIES

-9,182

-13,325

-9,180

-9,057

-9,064

-14,086

-11,954

-13,095

-9,869

-12,794

-11,088

-9,470

-7,655

-

-

-

-

-

-

-

-

-

-

-

-

-

-5,393

-4,448

-4,081

-

-4,814

-6,362

-3,586

-4,994

-4,180

-3,983

-2,575

-8,035

-5,376

-3,683

-2,548

CASH FLOWS FROM FINANCING ACTIVITIES
Net borrowings under lines of credit agreements

1,138

-24,193

5,994

7,088

2,669

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net borrowings under lines of credit agreements

-

-

-

-

-

-

-

-

4,837

-

1,105

1,303

-3,238

3,122

-810

-1,648

-4,021

-1,879

-1,450

114

-4,789

4,055

3,797

2,870

-2,563

658

974

-1,387

-630

168

1,795

-324

-2,662

-455

-13,437

326

-3,765

5,206

1,146

-989

-1,415

Increase in overdraft payable

13

-36

-727

409

252

-378

22

-187

356

-989

110

409

742

-864

55

-130

425

-218

227

-324

720

-545

-196

-314

450

666

-798

387

-259

-38

-546

815

154

-246

186

-178

-137

-2,695

2,220

733

-544

Net increase(decrease) in the carrying amount of the payments received by a utility from its customers in advance of performing its obligations under terms of its construction agreements and in the amount developers, builders, governmental agencies and municipalities provide the entity with cash, or in some cases property, to extend its services to their properties. Nonrefundable contributions are recorded as contributions in aid of construction ("CIAC").

3,179

4,539

2,654

2,566

748

3,827

2,558

3,678

398

2,949

2,396

3,880

2,128

42

2,156

4,495

3,214

1,381

1,368

1,184

1,896

1,447

706

671

984

1,038

1,456

1,889

1,318

1,253

1,209

1,095

72

1,140

53

443

4

508

543

377

751

Net proceeds from issuance of common stock

286

222

213

203

395

173

171

219

393

471

183

643

414

385

225

830

386

1,173

1,512

190

174

252

183

549

667

758

258

836

587

583

664

326

506

436

16,102

175

463

889

356

515

158

Issuance of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

141

213

335

0

0

-470

855

729

0

0

0

303

55

7

2,830

0

0

0

0

Dividends paid

2,319

2,318

2,282

2,281

2,241

2,240

2,206

2,205

2,168

2,163

2,128

2,121

2,084

2,081

2,047

2,042

2,010

1,997

1,949

1,948

1,917

1,914

1,885

1,879

1,845

1,835

1,807

1,799

1,766

1,764

1,716

1,707

1,663

1,659

1,629

1,458

1,445

1,434

1,422

1,415

1,406

Debt issuance costs

-

-

-

-

-

120

0

0

75

0

0

0

148

0

0

0

0

-

-

-

-

-

-30

-30

-30

-30

-30

-49

-11

-29

-42

-19

-29

-29

15

-9

-49

-9

-29

-22

24

Principal repayments of long-term debt

510

367

587

363

408

273

403

270

398

269

392

267

290

264

383

263

379

260

375

258

370

203

366

201

362

201

357

-529

1,082

200

930

198

290

-283

766

197

864

-385

861

193

280

NET CASH USED IN FINANCING ACTIVITIES

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,385

-

-667

-1,042

-4,286

3,002

2,410

1,939

-2,304

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET CASH PROVIDED BY FINANCING ACTIVITIES

1,787

7,757

5,265

7,622

1,415

6,073

3,567

6,221

3,343

3,309

1,274

3,847

-2,476

-

-

-

-

-

-

-

-

-

-

-

-

-

-244

34

-966

-

518

26

-3,854

-169

684

-1,008

-2,865

2,868

2,011

-950

-2,760

NET DECREASE IN CASH AND CASH EQUIVALENTS

-266

138

273

-80

-28

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET DECREASE IN CASH AND CASH EQUIVALENTS

-

-

-

-

-

-

-

-

-659

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS

-

-

-

-

-

-

-

-

-

-

-53

94

-17

-18

21

-288

302

-316

165

7

110

40

-191

-57

29

-155

76

180

-296

105

121

-62

142

104

19

-135

144

-255

-110

-178

248

Non-cash Investing and Financing Activity:
Utility plant received as construction advances and contributions

320

1,897

224

1,443

152

530

438

137

48

3,034

1,334

851

443

161

1,006

1,332

0

332

424

396

299

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Supplemental Disclosures of Cash Flow Information:
Interest paid

1,232

2,188

2,343

1,292

1,155

2,090

1,963

1,048

2,172

1,105

1,110

1,850

1,307

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Utility plant received as construction advances and contributions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-59

109

-

400

248

110

448

1,061

383

12

92

232

0

382

47

48

-18

299

Interest paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,473

1,821

1,570

-

1,578

1,912

1,983

1,934

1,589

1,895

1,601

1,886

1,668

1,889

1,623

2,034

1,730

1,899

1,592

1,918

1,673

1,977

1,687

2,012

1,704

1,950

1,801

Income taxes paid

360

2,482

1,910

2,940

0

870

1,128

1,289

0

3

0

763

515

1,153

128

47

106

1,208

682

638

80

0

42

1,099

474

265

680

155

914

-659

636

335

0

312

0

0

0

0

1,942

0

0