CONNECTICUT WATER SERVICE INC / CT CTWS Balance Sheet

Connecticut water service inc / ct (CTWS)

Balance Sheet / Quarterly

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	Dec'10
ASSETS
Utility Plant
1,000,278	992,169	983,220	955,127	942,107	933,072	927,289	905,437	859,295	817,897	777,860	750,127	742,327	731,624	722,447	710,034	697,560	688,444	685,654	662,411	653,429	642,703	639,704	627,503	624,002	614,985	611,787	569,798	570,983	560,612	487,540	479,471	475,851	467,589
Construction Work in Progress
23,017	15,200	14,765	19,849	16,202	12,333	11,761	15,882	12,321	40,679	33,748	42,943	32,188	25,939	23,298	16,641	12,150	10,740	9,304	20,642	16,014	13,947	12,066	11,946	8,597	9,005	7,734	9,120	6,423	8,485	6,160	7,453	3,562	4,013
Gross Utility Plant
1,023,295	1,007,369	997,985	974,976	958,309	945,405	939,050	921,319	871,616	858,576	811,608	793,070	774,515	757,563	745,745	726,675	709,710	699,184	694,958	683,053	669,443	656,650	651,770	639,449	632,599	623,990	619,521	578,918	577,406	569,097	493,700	486,924	479,413	471,602
Accumulated Provision for Depreciation
266,915	262,237	258,192	253,488	250,069	245,776	241,327	237,581	223,928	221,966	210,212	209,281	206,109	203,054	199,461	197,713	194,343	191,282	188,019	188,482	185,605	182,947	179,894	177,639	177,160	174,398	171,610	156,336	158,404	156,175	133,673	132,369	130,052	127,383
Net Utility Plant
756,380	745,132	739,793	721,488	708,240	699,629	697,723	683,738	647,688	636,610	601,396	583,789	568,406	554,509	546,284	528,962	515,367	507,902	506,939	494,571	483,838	473,703	471,876	461,810	455,439	449,592	447,911	422,582	419,002	412,922	360,027	354,555	349,361	344,219
Other Property and Investments
12,914	12,540	11,501	12,111	11,719	11,130	10,662	10,324	9,894	9,445	9,071	8,854	8,731	8,677	8,126	7,995	8,487	8,639	8,271	7,691	7,752	7,626	7,388	7,135	6,692	6,697	6,394	6,226	5,805	5,899	5,563	5,484	5,703	5,568
Cash and Cash Equivalents, at Carrying Value
2,435	2,730	2,856	4,603	3,868	4,020	3,618	8,274	2,694	2,955	1,564	1,158	1,143	1,540	731	2,186	3,065	2,344	2,475	1,626	10,593	15,275	18,371	1,588	7,548	9,076	13,150	4,166	3,397	3,371	1,012	1,004	824	952
Accounts Receivable, Net, Current
13,879	12,645	14,169	16,443	13,262	12,777	14,965	15,642	12,875	11,648	13,024	13,819	11,573	9,744	11,012	12,978	11,457	11,424	11,971	12,968	12,132	11,375	12,340	14,306	12,136	11,070	11,526	12,816	10,658	9,367	8,436	10,496	9,197	10,135
Accrued Unbilled Revenues
10,810	9,763	10,011	11,742	9,732	8,238	8,481	9,906	9,153	8,000	8,171	10,150	9,074	8,119	8,259	10,115	9,400	7,362	8,283	9,521	8,595	7,083	7,624	8,708	8,275	7,081	7,233	8,686	8,164	7,260	6,477	7,932	7,198	6,344
Materials and Supplies
1,657	1,675	1,679	1,752	1,719	1,575	1,593	1,842	1,768	1,708	1,536	1,893	1,735	1,659	1,617	2,108	1,816	1,496	1,486	1,632	1,645	1,598	1,633	2,021	1,766	1,602	1,629	1,447	1,507	1,482	1,126	1,182	1,228	1,248
Prepaid Income Taxes - Refund Receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,813	-	-	-	-	-	-	-	-	-	-
Prepayments and Other Current Assets
11,614	13,302	9,943	12,426	9,642	9,581	7,021	11,485	6,743	6,797	5,069	9,478	7,416	8,281	5,393	11,871	9,966	13,526	11,953	13,553	9,262	8,460	6,928	6,785	3,357	4,316	2,824	4,626	2,689	4,651	1,830	3,558	1,981	1,749
Total Current Assets
40,395	40,115	38,658	46,966	38,223	36,191	35,678	47,149	33,233	31,108	29,364	36,498	30,941	29,343	27,012	39,258	35,704	36,152	36,168	39,300	42,227	43,791	46,896	47,221	33,082	33,145	36,362	31,741	26,415	26,131	18,881	24,172	20,428	20,428
Restricted Cash and Cash Equivalents, Noncurrent
947	965	0	-	-	-	-	-	-	-	-	0	198	198	846	14	234	1,864	0	1,291	4,384	4,613	5,777	9,938	9,937	9,821	9,820	9,819	12,613	15,932	15,930	0	1,226	1,226
Unamortized Debt Issuance Expense
-	-	-	-	-	-	4,905	-	-	-	-	-	-	-	5,786	5,910	6,042	6,162	6,292	6,428	6,566	6,704	6,841	6,979	7,109	7,204	7,411	7,332	7,495	7,672	7,296	6,946	7,074	7,334
Unrecovered Income Taxes - Regulatory Asset
81,204	78,429	75,763	75,227	72,343	68,817	66,631	107,911	98,453	97,386	93,264	89,944	84,793	80,585	77,510	73,218	71,416	58,863	57,331	52,554	50,309	48,757	47,135	41,870	13,553	10,528	9,871	33,339	31,869	31,025	7,355	23,652	25,769	23,684
Pension Benefits - Regulatory Asset
8,712	9,025	9,337	9,804	10,316	10,799	11,339	11,025	11,439	11,826	12,266	11,173	11,587	12,002	12,414	13,517	14,661	13,061	13,713	2,099	2,585	2,835	3,085	16,716	17,251	18,757	18,319	15,038	14,647	13,487	13,862	5,289	5,917	6,296
Post-Retirement Benefits Other Than Pension - Regulatory Asset
127	129	133	106	110	113	116	86	146	205	265	290	349	500	468	2,585	2,601	2,598	2,626	1,456	1,433	1,361	1,288	3,134	3,097	2,862	3,022	3,776	3,883	4,072	3,967	5,728	5,298	5,451
Goodwill
66,403	66,403	66,403	66,403	66,403	67,016	67,016	66,979	43,045	43,045	30,427	30,427	30,427	30,427	30,427	30,427	30,427	31,685	31,685	31,685	31,685	31,685	31,685	31,685	31,685	31,685	31,685	22,963	22,947	22,362	3,608	3,608	3,608	3,608
Deferred Charges and Other Costs
14,345	10,898	11,755	11,936	11,012	8,269	9,618	12,164	11,118	8,924	8,449	8,851	9,809	7,860	7,628	8,555	8,862	6,956	8,164	9,382	9,736	8,929	8,840	9,114	8,251	7,964	8,180	8,661	8,779	8,451	6,442	6,159	6,348	6,385
Total Regulatory and Other Long-Term Assets
171,738	165,849	163,391	163,476	160,184	155,014	154,720	198,165	164,201	161,386	144,671	140,685	137,163	131,572	129,293	134,226	134,243	121,189	119,811	104,895	106,698	104,884	104,651	119,436	90,883	88,821	88,308	100,928	102,233	103,001	58,460	51,382	55,240	53,984
Total Assets
981,427	963,636	953,343	944,041	918,366	901,964	898,783	939,376	855,016	838,549	784,502	769,826	745,241	724,101	710,715	710,441	693,801	673,882	671,189	646,457	640,515	630,004	630,811	635,602	586,096	578,255	578,975	561,477	553,455	547,953	442,931	435,593	430,732	424,199
CAPITALIZATION AND LIABILITIES
Common Stock Without Par Value: Authorized - 25,000,000 Shares - Issued and Outstanding: 2019 - 12,068,537; 2018 - 12,054,712
191,292	190,899	190,433	189,927	189,320	192,253	191,641	190,975	163,808	163,139	145,739	144,769	144,025	146,228	144,534	143,481	142,382	142,163	141,684	140,241	139,826	139,176	138,591	137,085	136,005	135,443	134,873	75,024	73,492	72,794	72,345	-	-	70,024
Retained Earnings (Accumulated Deficit)
104,493	102,658	104,188	108,422	98,523	97,586	102,417	104,091	96,975	92,007	91,213	93,636	87,284	80,521	80,378	81,147	75,386	69,595	69,370	69,842	64,259	59,519	59,277	60,108	53,395	51,756	51,804	52,366	48,544	46,482	46,669	-	-	43,603
Accumulated Other Comprehensive Loss
-210	-275	-485	-149	-301	-420	-428	-661	-735	-821	-924	-785	-870	-915	-935	-1,604	-1,582	-1,492	-1,603	45	45	-57	-115	-1,091	-1,207	-1,305	-1,328	-815	-828	-770	-825	-	-	-436
Common Stockholders' Equity
295,575	293,282	294,136	298,200	287,542	289,419	293,630	294,405	260,048	254,325	236,028	237,620	230,439	225,834	223,977	223,024	216,186	210,266	209,451	210,128	204,130	198,638	197,753	196,102	188,193	185,894	185,349	126,575	121,208	118,506	118,189	117,986	115,786	113,191
Preferred Stock
-	-	-	0	0	772	772	772	772	772	772	772	772	772	772	772	772	772	772	772	772	772	772	772	772	772	772	772	772	772	772	772	772	772
Long-Term Debt
256,916	257,382	257,511	250,877	251,723	252,194	253,367	255,193	205,351	205,589	197,047	200,155	200,861	171,102	171,868	176,679	177,302	177,689	176,601	173,395	173,916	174,400	175,042	175,533	178,731	177,941	178,475	187,334	187,841	188,030	135,256	111,305	111,385	111,675
Total Capitalization
552,491	550,664	551,647	549,077	539,265	542,385	547,769	550,370	466,171	460,686	433,847	438,547	432,072	397,708	396,617	400,475	394,260	388,727	386,824	384,295	378,818	373,810	373,567	372,407	367,696	364,607	364,596	314,681	309,821	307,308	254,217	230,063	227,943	225,638
Debt, Current
4,051	4,030	4,059	4,321	4,016	6,246	6,173	7,950	5,196	5,185	4,859	2,883	2,862	2,850	2,842	2,597	2,469	2,464	2,457	1,546	4,234	4,131	4,121	4,103	1,388	1,314	1,304	1,248	1,239	1,225	0	-	-	-
Interim Bank Loans Payable
74,600	65,948	54,249	58,541	42,891	29,197	19,281	18,547	43,632	35,089	32,953	21,837	11,200	29,472	16,085	11,442	3,718	5,422	1,991	693	-	-	0	1,324	134	1,041	1,660	22,617	24,271	27,171	21,372	30,723	26,426	26,342
Accounts Payable and Accrued Expenses
10,691	7,186	13,782	8,529	9,402	6,857	11,319	8,585	9,640	8,412	13,116	11,652	11,577	8,499	11,882	9,744	9,164	7,222	10,019	9,026	9,249	6,494	10,846	7,432	7,326	5,920	10,016	7,034	7,634	5,512	7,166	5,660	6,799	6,552
Accrued Taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	199	875	-	1,146	716	0	302	1,465	0	598
Accrued Interest
1,593	1,663	1,531	1,637	1,481	1,524	1,439	1,564	1,045	1,486	1,012	1,441	860	1,501	727	1,442	718	1,474	693	1,426	741	1,449	753	1,450	750	1,451	889	2,180	1,380	2,115	1,002	1,290	988	993
Customer Refund Liability, Current
1,960	2,548	2,331	326	0	0	64	145	239	501	855	1,229	1,632	1,715	2,994	4,676	6,458	6,179	6,079	6,087	6,275	6,199	4,650	3,100	-	-	0	-	-	-	-	-	-	-
Other Current Liabilities
2,988	3,126	3,101	3,291	3,094	3,248	3,262	3,044	2,856	3,165	2,330	2,337	2,142	2,274	2,409	2,346	2,378	2,321	2,383	2,297	2,364	2,261	2,359	1,849	2,065	1,781	2,008	1,560	1,650	1,741	586	449	526	617
Total Current Liabilities
95,915	84,501	79,053	76,645	60,884	47,072	41,538	39,835	62,608	53,838	55,125	41,379	30,273	46,311	36,939	32,247	24,905	25,082	23,622	21,075	22,863	20,534	22,729	19,258	11,862	12,382	15,877	35,785	36,890	37,764	30,428	39,587	34,739	35,102
Advances for Construction
24,673	25,154	22,654	19,324	19,560	20,363	20,024	20,783	21,433	22,844	19,127	20,175	20,720	21,376	21,444	23,195	24,809	25,854	26,718	26,874	28,018	28,508	28,718	31,566	31,566	31,226	31,030	34,111	33,816	33,647	32,517	36,732	36,797	36,719
Deferred Federal and State Income Taxes
32,877	31,466	31,593	34,168	35,244	33,820	33,579	54,081	51,838	52,083	50,558	50,976	50,382	49,063	48,036	50,667	49,502	52,003	53,322	53,742	49,941	47,714	47,470	45,537	43,947	41,944	40,869	42,674	41,994	41,537	31,075	35,666	35,198	29,024
Unfunded Future Income Taxes
73,229	70,422	67,725	66,849	63,933	60,375	58,384	106,160	96,524	95,279	90,977	87,617	82,116	77,883	74,712	70,284	68,490	58,451	56,919	52,314	49,897	48,345	46,723	41,442	13,119	10,097	8,992	31,552	29,993	29,183	7,355	18,823	20,714	23,684
Long-Term Compensation Arrangements
32,096	31,698	31,043	30,666	34,035	33,356	32,649	32,343	34,686	34,097	33,540	31,374	30,793	33,075	34,389	37,770	37,496	36,451	35,748	19,215	22,059	21,287	20,651	36,279	38,067	37,996	36,430	31,367	29,792	27,402	25,232	17,263	17,900	16,747
Unamortized Investment Tax Credits
1,019	1,038	1,057	1,076	1,095	1,115	1,133	1,153	1,151	1,170	1,189	1,208	1,226	1,245	1,264	1,283	1,301	1,320	1,339	1,358	1,376	1,395	1,414	1,435	1,454	1,472	1,490	1,394	1,411	1,432	1,313	1,329	1,345	1,376
Excess Accumulated Deferred Income Tax
29,386	29,469	29,611	30,861	30,973	31,086	30,937	-	-	-	4,373	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Refund to Customers - Regulatory Liability
0	0	534	109	-	-	0	0	0	43	108	178	255	592	993	1,457	5,158	0	1,550	3,100	4,650	6,199	7,749	9,299	-	-	0	-	-	-	-	-	-	-
Other Long-Term Liabilities
3,305	3,418	3,345	1,307	1,209	1,212	1,241	4,704	4,647	4,887	701	4,831	4,978	5,216	5,273	4,158	965	769	776	1,010	1,013	1,016	1,018	1,033	1,036	1,136	2,319	100	7	109	115	123	131	148
Total Long-Term Liabilities
196,585	192,665	187,562	184,360	186,049	181,327	177,947	219,224	210,279	210,403	200,573	196,359	190,470	188,450	186,111	188,814	187,721	174,848	176,372	157,613	156,954	154,464	153,743	243,937	206,538	201,266	121,130	211,011	206,744	202,881	158,286	165,943	168,050	-
Contributions in Aid of Construction
136,436	135,806	135,081	133,959	132,168	131,180	131,529	129,947	115,958	113,622	94,957	93,541	92,426	91,632	91,048	88,905	86,915	85,225	84,371	83,474	81,880	81,196	80,772	77,346	77,349	77,395	77,372	69,813	69,731	69,571	60,679	56,007	55,965	55,761
Commitments and Contingencies
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	-	-	-
Total Capitalization and Liabilities
981,427	963,636	953,343	944,041	918,366	901,964	898,783	939,376	855,016	838,549	784,502	769,826	745,241	724,101	710,715	710,441	693,801	673,882	671,189	646,457	640,515	630,004	630,811	635,602	586,096	578,255	578,975	561,477	553,455	547,953	442,931	435,593	430,732	424,199