California water service group (CWT)
CashFlow / TTM
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
Net Income (Loss) Available to Common Stockholders, Basic

50,449

63,116

67,148

60,897

58,706

65,584

69,644

67,320

71,046

72,940

68,602

57,628

50,605

48,675

42,062

44,307

42,644

45,017

47,934

56,464

63,789

56,738

51,010

46,511

42,851

47,254

46,594

47,215

46,670

48,828

45,690

36,853

36,078

37,712

40,715

40,166

38,357

37,656

0

0

0

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

93,488

91,288

90,098

88,869

87,393

85,707

83,707

81,846

80,141

78,592

75,273

71,830

68,407

65,203

64,722

64,231

63,900

63,182

62,247

61,812

62,494

63,322

63,664

63,324

61,704

60,250

59,211

58,400

57,566

56,866

55,690

54,698

53,377

51,981

49,690

48,245

46,874

45,265

0

0

0

Change in value of life insurance contracts

-1,867

5,104

1,223

1,630

1,057

-2,334

1,063

1,033

1,602

3,058

1,982

1,898

1,388

1,026

1,455

168

-422

-218

-265

223

997

994

1,232

2,095

1,526

1,878

1,407

1,373

1,301

2,504

3,197

-281

-617

-1,876

-1,496

2,764

2,496

2,641

0

0

0

Public Utilities, Allowance for Funds Used During Construction, Additions

6,766

6,685

6,397

5,552

4,576

3,954

3,631

3,713

3,882

3,750

2,763

1,658

779

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of non-utility properties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Changes in operating assets and liabilities:
Receivables and unbilled revenue

2,466

4,580

-9,457

-18,234

-20,131

-20,422

-2,609

10,769

21,869

31,871

39,942

35,315

12,034

343

-6,915

-8,805

-8,382

-1,855

-352

-14,633

423

-4,983

-3,654

4,676

-450

7,201

-8,434

377

6,561

1,392

17,190

17,425

3,797

8,213

17,080

10,254

9,819

860

0

0

0

Accounts payable

7,573

10,719

3,303

4,212

7,483

4,701

12,985

4,739

84

1,564

1,611

2,336

3,433

3,839

876

2,468

-5,529

-819

-1,364

-12,714

-1,967

-1,370

3,329

7,824

4,717

3,809

-4,468

787

-185

879

2,667

3,237

9,099

4,612

10,995

5,147

-3,165

220

0

0

0

Other current assets

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

Other current liabilities

-670

1,282

-1,547

-610

-5,499

-4,382

-13

-1,257

3,465

2,164

1,013

2,954

-1,313

4,056

937

-4,415

1,720

-1,106

-393

14,572

-5,259

-5,428

-14,522

-25,397

-3,574

-868

16,196

4,696

10,538

6,219

-1,442

14,251

5,431

8,270

10,478

4,484

5,215

-598

0

0

0

Other changes in noncurrent assets and liabilities

10,508

-264

-8,314

11,289

9,624

12,644

27,441

-4,204

-13,273

-13,752

-14,357

-9,836

-6,815

-6,906

-11,858

-19,075

-9,483

-10,948

-4,818

30,816

-251

15,318

-10,083

-33,022

-1,248

-10,244

24,842

10,240

7,168

9,932

0

0

0

-

-

-

-

-1,139

0

0

0

Other changes, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Net adjustments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

55,053

50,155

39,600

37,854

0

0

0

Net cash provided by operating activities

152,720

168,794

187,859

172,839

170,908

179,019

157,557

161,687

161,797

147,842

146,403

136,559

143,249

160,444

152,274

156,231

149,572

144,969

144,490

133,298

144,549

128,133

122,441

130,581

115,097

124,173

134,408

136,593

128,547

131,914

112,953

95,702

109,612

111,272

95,768

90,321

77,957

75,510

0

0

0

Utility plant expenditures

279,159

273,770

253,793

259,743

260,938

271,707

291,608

284,382

277,991

259,194

242,974

221,495

224,328

228,938

224,930

217,161

198,249

176,833

164,066

150,795

142,442

132,015

114,464

113,845

115,507

122,988

122,863

131,887

131,117

127,681

128,629

128,262

122,744

118,546

114,102

115,736

122,272

123,926

0

0

0

Life insurance benefits

-

-

-

-

-

-

-

-

-

1,558

1,558

450

450

495

495

495

495

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of life insurance

-

-

-

-

-

-

-

-

-

5,605

4,095

3,008

2,733

2,857

2,887

2,883

2,992

2,032

1,855

1,714

1,533

3,207

3,284

3,380

3,416

3,281

3,299

3,545

3,476

3,294

3,199

1,443

1,512

1,744

1,837

1,843

1,914

1,891

0

0

0

Change in restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

156

411

151

-288

199

-129

48

-396

-279

-307

-1,383

-1,073

-1,554

-3,032

-1,965

-1,959

1,439

2,879

2,854

3,042

-128

-3,025

-3,059

-3,169

0

0

0

Net cash used in investing activities

-281,347

-275,958

-255,950

-261,118

-262,313

-273,082

-238,029

-230,993

-224,982

-206,571

-244,431

-223,005

-225,751

-230,905

-227,159

-219,641

-200,578

-178,258

-166,063

-152,323

-143,966

-134,769

-117,469

-116,918

-117,540

-125,196

-124,523

-132,315

-132,543

-128,931

-133,203

-132,520

-127,046

-123,268

-115,810

-114,520

-121,093

-122,614

0

0

0

Short-term borrowings

370,000

260,000

220,000

230,000

165,978

151,000

221,000

236,000

275,022

265,000

225,000

182,000

125,600

145,100

116,903

144,903

118,803

94,303

99,900

130,400

125,100

117,300

135,200

77,400

89,015

70,615

64,085

64,315

92,485

94,335

72,845

77,015

23,930

23,390

30,610

51,610

83,760

85,750

0

0

0

Repayment of short-term borrowings

160,000

150,000

140,000

390,000

315,978

361,000

341,000

101,000

130,022

87,000

87,000

67,000

30,000

81,615

197,615

197,615

194,615

141,000

25,000

85,000

80,000

85,000

0

0

0

-

-

-

-

52,000

0

0

0

-

-

-

-

-

-

-

-

Repayment of long-term debt

405,539

405,568

405,663

405,626

6,534

16,532

36,531

36,686

36,767

26,829

6,928

6,940

7,028

6,996

6,990

6,912

6,919

7,003

6,979

7,096

8,583

8,705

48,794

48,858

47,353

47,248

7,972

7,945

6,961

7,037

3,342

3,282

3,174

2,963

2,904

2,831

12,921

13,692

0

0

0

Advances and contributions in aid of construction

28,162

27,774

26,248

22,982

19,893

18,612

20,035

19,442

22,157

21,369

18,226

20,297

17,815

21,448

23,471

20,568

21,857

16,026

14,290

13,300

11,912

12,329

11,766

11,507

10,841

10,563

9,052

9,212

7,726

6,966

6,482

4,930

5,519

7,231

8,295

8,754

7,349

5,313

0

0

0

Common stock issuance cost

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,111

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of long-term debt, net of debt issuance costs of $1,796 for 2019, $617 for 2018, $0 for 2017

-

-

-

-

-

-

-

-

-

-

-

-

-

49,823

149,116

149,116

149,332

99,343

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

106,173

0

0

0

Refunds of advances for construction

7,933

7,566

7,395

7,354

7,169

7,297

7,524

7,446

8,060

8,378

8,007

7,843

7,509

6,885

6,870

6,882

6,764

6,726

6,833

6,754

6,680

6,641

6,550

6,613

6,836

6,922

6,995

7,074

7,044

7,397

7,398

7,032

6,985

6,205

5,940

6,178

5,834

6,188

0

0

0

Repurchase of common stock

1,796

2,497

2,504

2,484

2,480

1,645

1,642

1,633

1,625

1,505

1,466

1,432

1,397

744

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of common stock

26,480

20,423

1,278

829

454

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

110,688

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Dividends paid

38,845

38,023

37,521

37,026

36,533

36,043

35,672

35,302

34,932

34,563

34,194

33,827

33,457

33,081

32,826

32,571

32,317

32,066

31,815

31,563

31,312

31,063

30,933

30,803

30,672

29,619

28,583

27,543

26,506

26,387

26,214

26,035

25,854

25,674

25,442

25,212

24,981

24,753

0

0

0

Net cash provided by financing activities

208,733

102,747

52,874

109,146

117,014

46,478

118,049

73,375

85,773

128,094

105,631

85,255

63,808

87,050

45,411

69,721

48,573

22,539

42,913

13,834

10,984

-1,283

-24,334

-22,625

-103,490

-10,261

21,991

13,574

115,659

8,604

-9,491

24,752

-7,421

-3,078

57,016

51,435

72,653

79,515

0

0

0

Change in cash, cash equivalents, and restricted cash

80,106

-4,417

-15,217

20,867

25,609

-47,585

37,577

4,069

22,588

69,365

7,603

-1,191

-18,694

16,589

-29,474

6,311

-2,433

-10,750

21,340

-5,191

11,567

-7,919

-19,362

-8,962

-105,933

-11,284

31,876

17,852

111,663

11,587

-29,741

-12,066

-24,855

-15,074

36,974

27,236

29,517

32,411

0

0

0

Supplemental information:
Cash paid (received) during the year for:
Cash paid for interest (net of amounts capitalized)

38,537

40,980

38,045

39,630

38,042

35,941

34,892

33,635

32,480

32,223

31,436

30,398

28,551

28,038

25,616

26,253

25,077

25,345

21,238

21,354

21,634

21,722

27,132

26,820

27,947

28,171

28,540

28,360

27,898

27,120

26,497

27,158

26,203

26,998

27,360

26,092

24,597

24,425

0

0

0

Income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,815

0

0

0

Supplemental disclosure of non-cash activities:
Accrued payables for investments in utility plant

49,075

40,794

38,155

39,575

40,177

38,807

41,595

43,219

45,193

41,017

32,133

30,247

28,437

27,150

23,457

25,053

30,076

21,546

24,169

25,267

19,305

15,621

14,501

12,684

13,663

9,932

13,133

11,542

5,488

11,048

10,916

11,392

16,106

9,008

0

0

0

-

-

-

-

Utility plant contribution by developers

20,184

16,288

29,757

23,048

20,202

20,609

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-