Idacorp, inc. (IDA)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Operating Activities:
Net Income

233,328

227,523

213,188

198,088

194,475

193,754

182,294

173,187

170,150

142,460

124,375

98,245

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

173,800

169,120

165,933

147,294

142,581

137,088

133,776

128,611

124,659

121,849

118,600

109,842

Deferred income taxes and investment tax credits

22,389

11,292

33,245

35,732

38,645

19,163

65,568

33,985

-45,135

41,742

19,035

4,661

Changes in regulatory assets and liabilities

4,310

-48,392

-57,131

5,650

-13,699

-32,135

25,581

53,468

-68,045

46,510

-57,836

-64,068

Pension and postretirement benefit plan expense

27,804

32,256

28,911

29,581

30,207

44,627

45,907

45,230

45,223

14,728

11,594

7,951

Contributions to pension and postretirement benefit plans

48,525

45,899

46,589

45,301

42,843

33,720

33,393

47,695

22,088

65,601

7,569

4,438

Earnings of equity-method investments

12,370

12,449

11,374

12,871

11,128

12,372

11,939

11,617

11,864

3,008

-1,033

-3,997

Distributions from equity-method investments

21,800

31,115

24,975

25,641

12,458

5,261

17,526

18,546

2,500

6,530

12,477

-1,178

Allowance for equity funds used during construction

27,112

24,353

20,784

22,031

21,785

17,931

14,858

22,433

25,484

16,551

7,555

3,141

Gain on sale of investments and assets

285

155

131

103

97

193

11,678

202

448

-

-

-

Other non-cash adjustments to net income, net

-8,325

-9,152

-8,454

-5,108

-2,788

-5,085

-3,297

-6,121

-4,935

-3,061

-10,207

-8,554

Change in:
Accounts receivable

5,996

-729

-1,045

6,315

-4,740

-20,433

29,557

2,741

1,095

14,243

15,749

1,725

Accounts payable and other accrued liabilities

-9,526

29,666

-17,208

13,300

2,440

6,359

-517

10,580

5,428

4,014

-28,038

16,248

Taxes accrued/receivable

742

4,725

4,361

662

818

-13,631

4,747

-604

15,113

-14,216

28,535

-26,454

Other current assets

8,820

-12,707

-2,814

10,887

14,861

13,124

12,165

5,255

20,821

-3,848

14,053

-14,056

Other current liabilities

-799

6,848

1,017

-3,283

403

1,771

1,819

-8,500

2,171

13,682

-7,485

6,130

Other assets

4,375

7,488

8,734

3,764

-3,021

3,655

830

7,064

-4,330

3,662

-1,621

-1,498

Other liabilities

555

-1,555

-1,093

-1,006

-2,367

-6,707

-8,867

-7,412

-5,376

-4,229

-20,439

4,351

Net cash provided by operating activities

366,625

491,626

435,161

344,195

353,194

364,343

305,549

249,269

310,243

305,400

284,425

136,513

Investing Activities:
Additions to property, plant and equipment

278,705

277,853

285,488

296,950

294,021

274,094

246,674

239,788

337,770

338,252

251,937

243,544

Payments received from transmission project joint funding partners

2,442

21,587

6,074

7,586

11,377

0

11,364

0

-

18,982

0

-

Proceeds from the sale of emission allowances and renewable energy certificates

-

-

-

-

-

-

-

2,739

6,314

6,408

2,382

-2,959

Proceeds from the sale of non-utility assets

-

-

-

-

-

-

-

-

-

-

2,250

5,847

Proceeds from sale of available-for-sale securities

-

-

-

-

-

-

-

-

-

-

9,006

-

Investments in affordable housing

-

-

-

-

-

-

-

381

1,558

13,390

5,802

8,314

Distributions from affordable housing investments

-

-

-

-

-

-

-

-242

0

-

-

-

Investments in unconsolidated affiliates

-

-

-

-

-

-

-

-

2,645

0

0

3,038

Purchase of equity securities

10,896

11,390

11,356

14,917

14,106

8,000

32,661

7,000

0

7,000

0

-

Proceeds from the sale of equity securities

5,080

5,007

4,989

15,693

34,243

0

25,661

0

0

-

-

-

Purchase of life insurance investment

-

-

-

10,000

30,000

0

0

-

-

-

-

-

Purchase of held-to-maturity securities

-

-

-

-

-

-

-

-

-

-

-

4,248

Maturity of held-to-maturity securities

-

-

-

-

-

-

-

-

-

-

425

6,060

Withdrawal of refundable deposit for tax related liabilities

-

-

-

-

-

-

-

-

-

-

-

44,903

Other

-1,587

-4,472

-5,340

-4,655

-801

-9,674

-5,717

-367

-3,301

-4,918

-1,271

3,449

Net cash used in investing activities

-280,492

-258,177

-280,441

-293,933

-291,706

-272,420

-236,593

-243,821

-332,358

-328,334

-242,405

-202,824

Financing Activities:
Issuance of long-term debt

166,100

220,000

0

120,000

250,000

0

150,000

150,000

0

200,000

230,000

120,000

Remarketing of pollution control bonds

-

-

-

-

-

-

-

-

-

-

166,100

-166,100

Decrease in term loans

-

-

-

-

-

-

-

-

-

-

-170,000

170,000

Repayments of Long-term Debt

166,100

130,000

1,064

101,064

121,064

1,064

71,064

101,064

121,064

1,064

89,174

11,349

Payments of Ordinary Dividends, Common Stock

129,677

121,421

113,127

104,984

96,810

88,489

78,832

68,928

59,668

57,872

56,820

54,239

Dividends, Common Stock, Cash

129,872

121,786

113,181

104,961

-

-

-

-

-

-

-

-

Net change in short-term borrowings

0

0

-21,800

1,800

-11,300

-23,450

-14,950

15,500

-12,700

13,150

-93,600

-39,095

Issuance of common stock

-

-

-

-

-

-

255

4,882

17,501

48,644

24,328

50,863

Acquisition of treasury stock

4,160

3,614

3,212

3,329

3,277

2,737

2,124

2,062

1,933

869

1,441

304

Payment for Debt Extinguishment or Debt Prepayment Cost

0

4,607

0

13,895

17,872

0

0

-

-

-

-

-

Other

-2,534

-2,964

-348

-2,112

-3,171

2,463

-606

-5,062

-885

-3,365

-7,254

-2,603

Net cash (used in) provided by financing activities

-136,371

-42,606

-139,551

-103,584

-3,494

-113,277

-17,321

-6,734

-178,749

198,624

2,139

67,173

Net (decrease) increase in cash and cash equivalents

-50,238

190,843

15,169

-53,322

57,994

-21,354

51,635

-1,286

-200,864

175,690

44,159

862

Supplemental Disclosure of Cash Flow Information:
Cash paid during the period for:
Income taxes

14,055

5,272

14,742

3,302

8,857

11,364

1,437

1,451

-12,405

-27,112

-21,401

20,407

Interest (net of amount capitalized)

85,260

80,951

80,004

78,334

79,442

77,295

77,968

70,887

70,969

69,049

67,039

67,027

Non-cash investing activities:
Additions to property, plant and equipment in accounts payable

38,815

29,528

33,220

34,603

23,840

28,438

24,246

26,882

26,331

33,949

19,075

14,194

Investments in affordable housing

-

-

-

-

-

-

-

-

-

1,509

8,276

-

Idaho Power Company
Net Income

224,437

222,334

206,347

189,242

-

-

-

-

-

-

-

-

Depreciation and amortization

173,205

168,519

165,337

146,694

-

-

-

-

-

-

-

-

Deferred income taxes and investment tax credits

14,889

-2,272

-10,875

25,780

-

-

-

-

-

-

-

-

Changes in regulatory assets and liabilities

4,310

-48,392

-57,131

5,651

-

-

-

-

-

-

-

-

Pension and postretirement benefit plan expense

27,788

32,240

28,894

29,597

-

-

-

-

-

-

-

-

Contributions to pension and postretirement benefit plans

48,509

45,883

46,573

45,317

-

-

-

-

-

-

-

-

Earnings of equity-method investments

10,285

10,712

9,267

10,855

-

-

-

-

-

-

-

-

Distributions from equity-method investments

19,450

29,400

23,000

23,716

-

-

-

-

-

-

-

-

Allowance for equity funds used during construction

27,112

24,353

20,784

22,031

-

-

-

-

-

-

-

-

Gain on sale of investments and assets

285

155

131

103

-

-

-

-

-

-

-

-

Other non-cash adjustments to net income, net

463

210

-1,069

454

-

-

-

-

-

-

-

-

Accounts receivable

4,724

-633

5,282

54

-

-

-

-

-

-

-

-

Accounts payable and other accrued liabilities

-9,463

-25,532

38,111

13,308

-

-

-

-

-

-

-

-

Taxes accrued/receivable

2,281

15,509

-3,601

-17,299

-

-

-

-

-

-

-

-

Other current assets

8,821

-12,707

-2,812

10,902

-

-

-

-

-

-

-

-

Other current liabilities

-870

6,822

996

-3,322

-

-

-

-

-

-

-

-

Other assets

4,280

7,488

8,734

3,764

-

-

-

-

-

-

-

-

Other liabilities

584

-1,476

-967

-829

-

-

-

-

-

-

-

-

Net cash provided by operating activities

343,512

418,475

417,483

307,756

-

-

-

-

-

-

-

-

Additions to property, plant and equipment

278,707

277,823

285,471

296,948

-

-

-

-

-

-

-

-

Payments received from transmission project joint funding partners

2,442

21,587

6,074

7,586

-

-

-

-

-

-

-

-

Purchase of equity securities

10,896

11,390

11,356

14,917

-

-

-

-

-

-

-

-

Proceeds from the sale of equity securities

5,080

5,007

4,989

15,693

-

-

-

-

-

-

-

-

Purchase of life insurance investment

-

-

-

10,000

-

-

-

-

-

-

-

-

Other

-4,117

-4,320

-5,176

-4,511

-

-

-

-

-

-

-

-

Net cash used in investing activities

-277,964

-258,299

-280,588

-294,075

-

-

-

-

-

-

-

-

Issuance of long-term debt

166,100

220,000

0

120,000

-

-

-

-

-

-

-

-

Repayments of Long-term Debt

166,100

130,000

1,064

101,064

-

-

-

-

-

-

-

-

Payments of Ordinary Dividends, Common Stock

-

121,791

113,284

105,121

-

-

-

-

-

-

-

-

Dividends, Common Stock, Cash

129,877

121,791

113,284

105,121

-

-

-

-

-

-

-

-

Net change in short-term borrowings

0

0

-21,800

21,800

-

-

-

-

-

-

-

-

Payment for Debt Extinguishment or Debt Prepayment Cost

0

4,607

0

13,895

-

-

-

-

-

-

-

-

Other

-2,181

-2,964

-241

-2,017

-

-

-

-

-

-

-

-

Net cash (used in) provided by financing activities

-132,058

-39,362

-136,389

-80,297

-

-

-

-

-

-

-

-

Net (decrease) increase in cash and cash equivalents

-66,510

120,814

506

-66,616

-

-

-

-

-

-

-

-

Income taxes

19,856

63,914

12,444

29,341

-

-

-

-

-

-

-

-

Interest (net of amount capitalized)

85,198

80,894

79,918

78,111

-

-

-

-

-

-

-

-

Additions to property, plant and equipment in accounts payable

38,815

29,528

33,220

34,603

-

-

-

-

-

-

-

-