Black Hills Corporation BKH Cash Flow

Black hills corporation (BKH)

CashFlow / TTM

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:
Net income
203,184	213,322	230,794	236,343	243,390	272,662	236,539	247,193	247,764	191,276	158,469	144,755	122,727	82,631	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	57,657	80,572	64,161	68,685	0	0	0
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent
-	-	-	-	-	-6,887	-19,241	-19,684	-17,873	-17,099	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-6,977	29	833	6,039	9,365	0	0	0	-	-	-	-
Net income available for common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	116,939	112,700	122,871	117,423	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
-	-	-	-	-	279,549	255,780	266,877	265,637	208,375	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	109,417	76,325	30,539	46,568	40,365	0	0	0	-	-	-	-
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, depletion and amortization
214,494	209,120	204,490	201,652	198,766	196,328	193,955	192,018	190,134	188,246	175,532	177,348	177,828	175,533	150,349	139,192	131,938	126,533	153,812	152,672	148,498	144,745	139,010	138,517	137,792	137,324	130,593	135,866	142,145	145,923	159,555	151,425	142,240	135,591	135,349	132,107	130,121	126,606	0	0	0
Deferred financing cost amortization
8,068	7,838	8,489	8,370	7,952	7,845	7,731	7,817	8,471	8,261	8,390	7,461	6,204	6,180	7,292	8,102	7,511	6,364	3,593	2,139	2,078	2,127	5,162	5,682	6,236	6,763	3,463	3,693	3,931	5,555	5,916	6,506	6,846	5,655	0	0	0	-	-	-	-
Impairment of investment
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of long-lived assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	246,473	-	183,565	121,690	22,036	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of operating assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,921	0	0	0
Stock compensation
9,090	12,095	13,178	14,262	13,477	12,390	7,576	6,258	6,744	7,626	9,355	10,420	9,515	10,885	10,332	8,032	6,454	4,076	5,219	5,519	7,696	9,329	10,473	12,607	12,533	12,595	11,397	11,898	10,232	8,271	6,777	5,727	5,171	5,643	7,569	6,851	6,937	5,637	0	0	0
Unrealized (gain) loss on interest rate swaps, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	30,169	27,753	23,236	10,932	1,882	-40,793	-40,350	-41,594	-42,010	-21,931	-12,756	-17,135	-13,546	0	0	0
Unrealized (gain) loss on interest rate swaps, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-14,138	10,398	-6,693	-15,193	0	0	0
Deferred income taxes
40,294	38,020	14,538	19,115	20,793	-24,239	1,060	7,188	14,349	80,992	109,662	102,483	91,338	82,704	134,090	113,587	92,643	74,704	494	27,826	58,612	70,232	59,281	64,738	70,935	65,216	77,682	76,942	53,993	51,535	41,464	14,964	25,839	33,600	5,842	53,268	39,706	17,354	0	0	0
Equity in (earnings) loss of unconsolidated subsidiaries
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	984	2,235	1,559	0	0	0
Allowance for funds used during construction - equity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	1,009	1,195	1,263	2,996	0	0	0
Employee benefit plans
10,504	12,406	11,392	12,840	13,827	14,068	12,312	11,335	10,277	10,141	10,931	12,226	14,067	14,291	17,271	17,931	18,799	20,616	18,880	17,872	16,394	14,814	16,659	18,507	20,349	22,194	21,880	21,577	21,275	20,973	19,393	17,791	16,190	14,586	15,058	15,486	16,044	16,342	0	0	0
Other adjustments, net
-12,949	-16,485	-7,360	-9,943	-7,211	-5,836	-6,444	-6,556	-583	4,773	6,992	5,632	2,822	5,519	10,961	14,924	16,620	4,872	-16,412	-16,654	-15,973	-14,415	-2,408	-2,340	-7,929	-9,826	-11,526	-10,076	-9,773	-4,929	6,139	1,819	116	5,799	13,196	13,250	10,768	9,710	0	0	0
Changes in certain operating assets and liabilities:
Materials, supplies and fuel
8,113	-2,052	-1,335	6,500	4,728	2,919	-1,042	-650	1,354	10,089	13,134	8,758	2,150	-1,211	1,568	-4,720	-7,349	-7,216	-16,303	-8,341	1,165	4,563	10,496	7,396	1,998	5,770	9,264	7,326	-4,034	-6,343	-3,392	587	17,837	21,385	-18,314	-21,369	4,813	338	0	0	0
Accounts receivable and other current assets
-31,606	-7,578	2,702	-3,248	36,710	45,966	27,368	39,346	59,325	-4,534	2,078	14,942	15,985	27,172	-36,158	-52,444	-46,860	-33,255	-3,771	3,110	-73,846	18,684	-5,804	-276	92,198	18,945	13,800	21,912	1,023	-13,739	-27,942	-34,703	-37,320	-22,290	-23,415	-127,008	27	18,480	0	0	0
Accounts payable and other current liabilities
-36,514	-34,906	8,473	-5,864	34,765	5,305	-2,538	-7,482	-812	-28,222	-27,680	-25,462	-58,227	-33,023	-187,124	-133,149	-103,451	-74,748	16,939	-33,429	-65,839	7,887	24,803	17,097	58,047	15,336	-12,446	22,781	18,018	-10,713	-1,286	-25,651	-28,842	-31,091	-43,399	-28,510	-32,749	-12,848	0	0	0
Regulatory assets - current
-31,267	-23,619	-4,408	5,913	1,264	-33,608	-24,961	-37,144	-32,260	15,407	3,552	-4,838	9,006	-3,614	-2,568	3,433	-14,467	-21,883	0	0	0	-	-	-	-	-	-	-	-	-	-	-	0	-	-3,279	-13,552	-9,406	21,283	0	0	0
Regulatory liabilities - current
-12,207	-15,158	-18,527	-7,805	800	18,533	21,208	9,546	2,479	-4,536	-10,229	-11,168	-16,612	-14,082	-8,963	-2,621	-433	1,675	0	0	0	-	-	-	-	-	-	-	-	-	-	-	0	-	-2,085	-1,778	7,200	50	0	0	0
Contributions to defined benefit pension plans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	25,350	25,000	35,500	36,050	11,050	0	0	0	-	-	-	-
Other operating activities, net
-3,067	-6,001	-7,989	-5,200	-8,763	-6,689	5,001	9,665	7,052	8,418	-3,928	-2,099	-5,185	660	8,628	15,132	14,864	9,033	9,757	1,910	2,903	-733	360	-6,764	-1,188	-312	1,550	126	6,178	6,670	12,327	14,669	18,412	13,721	10,533	8,857	-9,623	1,013	0	0	0
Net cash provided by operating activities of continuing operations
-	-	-	-	-	494,327	484,462	461,196	434,691	409,030	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	325,513	299,070	337,657	330,138	295,787	271,960	209,710	189,154	216,694	0	0	0	-	-	-	-
Net cash provided by (used in) operating activities of discontinued operations
-	-	-	-	-	-5,516	3,091	14,897	16,605	19,231	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	21,184	14,885	8,676	19,344	7,010	0	0	0	-	-	-	-
Net cash provided by operating activities
521,589	505,513	496,164	467,889	494,829	488,811	487,553	476,093	451,296	428,261	430,708	399,845	334,236	320,479	267,711	353,478	405,979	424,383	442,033	395,890	368,706	315,317	0	0	0	-	-	-	-	316,971	286,845	218,386	208,498	223,704	228,517	185,779	170,104	147,752	0	0	0
Investing activities:
Property, plant and equipment additions
846,132	818,376	771,929	618,462	531,678	457,524	365,302	328,464	329,502	326,010	359,694	409,392	437,547	454,952	251,002	259,757	232,737	266,375	457,666	427,664	432,408	398,494	405,563	384,821	374,419	354,749	327,200	347,552	345,416	349,129	0	0	0	-	-	-	512,617	472,292	0	0	0
Business Combination, Consideration Transferred, Net of Long Term Debt and Cash Acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	1,124,238	1,146,208	1,146,208	1,154,288	21,970	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of investment
-	-	-	-	-	24,429	24,429	24,429	23,500	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	70,357	0	0	0
Proceeds from sale of business operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	107,511	108,837	108,837	108,837	0	0	0	0	-	-	-	-
Other investing activities
-1,865	-2,166	7,782	3,519	4,921	4,281	-3,617	-400	-800	-1,011	-458	-325	283	562	-5,885	441	425	444	7,478	311	-219	2,653	-261	-471	-1,221	-5,471	2,391	2,269	255	180	527	1,237	4,214	4,533	-12,185	-11,967	-19,058	-15,407	0	0	0
Net cash (used in) investing activities of continuing operations
-	-	-	-	-	-486,234	-386,114	-352,493	-352,202	-324,999	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-349,278	-322,450	-96,030	-91,880	-95,518	-129,446	-366,703	-390,366	-444,648	0	0	0	-	-	-	-
Net cash provided by investing activities of discontinued operations
-	-	-	-	-	20,385	43,203	35,379	30,889	7,881	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-824	-1,230	-776	-2,254	-2,359	0	0	0	-	-	-	-
Net cash (used in) investing activities
-844,267	-816,210	-777,350	-619,620	-537,322	-465,849	-342,911	-317,114	-321,313	-317,118	-384,947	-426,954	-440,992	-1,588,165	-1,578,925	-1,594,006	-1,575,050	-476,389	-487,486	-427,975	-432,189	-401,147	0	0	0	-	-	-	-	11,169	-21,839	-258,642	-283,783	-447,007	-462,275	-451,211	-432,876	-389,168	0	0	0
Financing activities:
Dividends paid on common stock
127,217	124,647	122,061	116,664	111,479	106,591	101,719	100,079	98,434	96,744	93,657	91,849	89,787	87,570	83,401	79,577	75,993	72,604	71,868	71,125	70,385	69,636	69,127	68,616	68,104	67,587	67,036	66,453	65,868	65,262	64,937	62,255	61,107	59,202	57,305	57,795	56,749	56,467	0	0	0
Common stock issued
180,730	101,358	401,116	371,519	320,411	300,834	1,925	2,517	2,609	4,408	17,491	67,094	115,969	121,619	353,965	304,547	255,581	248,759	3,342	3,260	3,369	3,251	3,141	3,477	2,809	4,354	4,497	5,786	6,388	4,726	124,677	123,114	123,200	123,041	2,372	2,402	2,329	3,246	0	0	0
Net (payments) borrowings of short-term debt
154,970	164,000	182,800	-19,300	450	-25,680	-113,070	13,825	113,250	114,700	150,170	32,975	-164,650	19,800	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short-term borrowings - issuances
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	287,910	336,610	387,150	396,250	464,300	418,450	345,950	337,650	410,900	280,600	225,800	203,753	309,753	509,753	863,753	1,017,300	1,173,000	1,150,000	956,000	854,500	0	0	0
Short-term borrowings - repayments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	354,010	363,550	384,550	403,750	418,600	385,750	490,950	532,150	497,600	405,600	205,800	271,753	443,753	564,753	825,753	821,300	859,000	995,000	892,000	770,000	0	0	0
Long-term debt - issuance
-	-	-	-	-	-	-	-	-	-	-	-	-	1,767,608	1,767,608	574,672	845,959	300,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-term debt - repayments
908,598	905,743	555,743	1,154,743	854,743	854,743	604,743	55,743	105,743	105,743	105,743	1,175,743	1,165,744	1,164,308	0	0	0	-	-	-	-	-	-	-	-	445,906	334,610	333,445	239,917	240,077	13,860	14,748	8,124	8,382	8,545	7,490	28,864	59,926	0	0	0
Distributions to noncontrolling interest
17,796	17,901	18,598	18,870	18,815	19,617	19,268	20,060	19,696	18,397	17,929	17,896	13,910	9,561	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other financing activities
-16,471	-16,737	-2,795	-11,681	-11,517	-11,260	-10,657	-1,787	-1,764	-6,919	-13,394	-29,824	-27,106	-22,960	-18,044	-6,616	-9,792	-9,283	13,841	18,463	17,703	17,152	-19,607	-19,167	-16,650	-15,394	0	-5,666	-1,270	-2,833	-4,471	1,183	-4,410	-1,666	1,233	-451	-7,914	-8,363	0	0	0
Net cash provided by (used in) financing activities of continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	17,028	-208,849	-249,778	-280,667	-371,446	-92,591	-7,706	87,559	249,791	0	0	0	-	-	-	-
Net cash provided by (used in) financing activities of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-1	-1	-158	-158	0	0	0	-	-	-	-
Net cash provided by (used in) financing activities
365,123	300,210	284,719	150,261	24,307	-17,057	-147,532	-161,327	-109,778	-108,695	-63,062	-22,307	92,791	840,998	1,316,240	1,227,230	1,143,785	483,702	64,215	96,458	101,087	91,067	0	0	0	-	-	-	-	-371,446	-92,592	-7,707	87,401	249,633	249,561	289,472	170,765	160,953	0	0	0
Net change in cash, restricted cash and cash equivalents
42,445	-10,487	3,533	-1,470	-18,186	5,905	-2,890	-2,348	20,205	2,448	-17,301	-49,416	-13,965	-426,688	5,026	-13,298	-25,286	431,696	18,762	64,373	37,604	5,237	-1,698	-15,936	5,244	-7,621	-233,555	-9,477	-43,735	-43,306	172,414	-47,963	12,116	26,330	15,803	24,040	-92,007	-80,463	0	0	0
Supplemental Cash Flow Information [Abstract]
Interest (net of amounts capitalized)
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income taxes
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued property, plant and equipment purchases at March 31
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-