Mge energy, inc. (MGEE)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Operating Activities:
Net Income Including Noncontrolling Interest

86,874

84,219

97,606

75,560

71,343

80,319

74,905

64,446

60,928

57,718

50,997

52,768

Items not affecting cash:
Depreciation and amortization

71,562

56,412

53,077

44,646

44,225

40,695

38,838

38,707

40,942

37,960

41,080

39,273

Deferred income taxes

7,212

3,749

-4,082

22,421

21,927

49,884

38,365

44,797

33,698

-25,381

-17,710

-8,583

Provision for doubtful receivables

1,615

1,366

1,016

1,196

596

1,898

2,448

2,498

2,312

2,805

3,409

4,273

AFUDC-equity funds

-

-

-

-

-

-

-

-

-

-

-

858

Employee benefit plan cost (credit)

-3,813

-2,002

831

295

3,333

-1,080

13,303

18,353

13,703

14,748

7,167

7,891

Equity earnings in ATC

9,889

8,821

10,125

8,428

7,728

9,150

9,434

9,079

8,615

8,501

8,173

7,241

Gain (Loss) on Sale of Property Plant Equipment

-406

0

1,547

0

0

-

-

-

-

3,153

69

295

Gain on sale of investments

-

-

-

-

-

-

-

-

-

-

-

3,113

Other items

243

814

-641

-2,462

-721

-729

-117

-1,283

-1,616

-2,254

-1,586

1,857

Changes in working capital items:
Receivable - margin account (change)

-

-

-

-

-

-

-

-

2,609

-1,159

-11,256

12,478

Trade and other receivables (change)

1,285

2,235

4,502

3,594

-4,508

-2,115

3,827

6,208

-173

8,191

-11,188

6,912

Inventories (change)

3,420

-2,724

2,568

-7,273

2,646

10,399

-2,488

-1,457

-7,438

-3,755

-9,972

12,538

Unbilled revenues (change)

-2,345

-3,157

1,554

4,838

-6,254

-720

3,720

2,508

-3,466

41

-5,522

4,331

Prepaid taxes (change)

677

-10,320

-101

-8,616

-3,658

19,804

-414

-2,731

-245

-7,540

14,365

975

Decrease in current assets

-29

-251

2,786

-15

-978

5,693

-2,514

-4,093

-538

977

-2,407

1,968

Accounts payable (change)

-7,432

-4,855

-5,290

9,881

-3,499

2,756

858

-272

2,055

-2,895

-9,037

1,202

Decrease in current liabilities

-10,264

11,957

3,948

-1,738

-597

-4,195

6,271

425

-4,300

-4,195

-4,304

308

Reserve for fuel refund

-

-

-

-

-

-

-

-

-

-

-

5,506

Dividends from ATC

7,347

6,958

8,803

5,854

6,645

7,740

7,404

7,146

6,728

6,667

6,285

5,272

Cash contributions to pension and other postretirement plans

5,714

5,584

11,304

14,452

13,676

3,321

34,765

28,857

23,670

16,901

15,278

7,665

Debt make-whole premium

-

-

-

-

-

-

6,757

0

0

-

-

-

Other noncurrent items, net

4,178

3,762

-9,108

-2,695

-5,143

4,452

-10,845

-6,992

3,876

-8,900

-556

-6,153

Cash Provided by Operating Activities

130,475

153,040

131,373

147,864

141,185

128,762

140,267

146,004

130,772

124,033

117,909

74,712

Investing Activities:
Capital expenditures

164,036

212,197

108,131

83,659

72,030

92,676

119,047

98,435

65,176

60,082

77,929

105,777

Capital contributions to investments

7,813

5,926

11,081

2,958

1,053

2,185

1,660

2,419

1,008

810

3,701

3,678

Proceeds from sale of property

0

0

2,819

0

0

-

-

-

-

3,358

82

304

Repayment to WEPCO for ATC Elm Road Work

-

-

-

-

-

-

-

-

-

-

-3,300

330

Purchase of investment - land

-

-

-

-

-

-

10

3

2,152

0

0

-

Proceeds from sale of investments

-

-

-

-

-

-

-

-

-

-

-

3,612

Other

508

205

-118

196

230

1,297

1,205

496

-1,985

-149

1,727

-1,587

Cash Used for Investing Activities

-172,357

-218,328

-116,275

-86,813

-73,313

-96,158

-121,922

-101,353

-66,351

-57,385

-79,975

-104,282

Financing Activities:
Issuance of common stock, net

-

-

-

-

-

-

-

-

-

-

6,275

30,997

Cash dividends paid on common stock

47,842

45,762

43,682

41,775

40,043

38,429

37,107

35,951

35,026

34,370

33,693

31,780

Repayment of long-term debt

4,553

24,453

34,358

4,267

4,182

4,103

43,012

30,668

2,500

16,527

0

30,000

Issuance of long-term debt

50,000

100,000

70,000

0

0

-

85,000

28,000

30,000

80,000

0

40,000

Proceeds from short-term debt

-13,000

9,000

4,000

0

-7,000

7,000

0

0

-22,500

-92,000

-10,000

21,000

Proceeds From Payments For Other Financing Activities

-1,838

-662

-597

-70

-1,018

-130

-770

-844

-336

-1,345

82

-330

Cash (Used for) Provided by Financing Activities

-17,233

38,123

-4,637

-46,112

-52,243

-35,662

4,111

-39,463

-30,362

-64,242

-37,336

29,887

Change in Cash, Cash Equivalents, and Restricted Cash:

-59,115

-27,165

10,461

14,939

15,629

-3,058

22,456

5,188

34,059

2,406

598

317

Supplemental disclosures of cash flow information:
Interest paid

23,171

20,018

19,176

19,415

19,636

20,478

17,991

19,499

19,788

18,643

16,577

18,709

Income taxes paid

14,617

12,597

27,149

21,831

23,800

19,579

8,046

3,544

5,537

10,373

24,172

21,129

Income taxes received

255

59

0

10,000

10,130

644

1,339

12,536

4,370

9,043

1

-185

Significant noncash investing activities:
Accrued capital expenditures

26,697

11,129

16,602

16,376

3,963

1,569

9,892

10,317

684

762

-

-

MGE [Member]
Net Income Including Noncontrolling Interest

80,779

79,036

93,072

-

-

-

-

-

-

-

-

-

Depreciation and amortization

71,562

56,412

53,077

-

-

-

-

-

-

-

-

-

Deferred income taxes

5,286

-69

-7,760

-

-

-

-

-

-

-

-

-

Provision for doubtful receivables

1,615

1,366

1,016

-

-

-

-

-

-

-

-

-

Employee benefit plan cost (credit)

-3,813

-2,002

831

-

-

-

-

-

-

-

-

-

Gain (Loss) on Sale of Property Plant Equipment

-406

0

1,547

-

-

-

-

-

-

-

-

-

Other items

-850

107

-1,408

-

-

-

-

-

-

-

-

-

Trade and other receivables (change)

1,285

2,160

4,113

-

-

-

-

-

-

-

-

-

Inventories (change)

3,420

-2,724

2,568

-

-

-

-

-

-

-

-

-

Unbilled revenues (change)

-2,345

-3,157

1,554

-

-

-

-

-

-

-

-

-

Prepaid taxes (change)

-327

-9,283

-725

-

-

-

-

-

-

-

-

-

Decrease in current assets

-147

-255

2,788

-

-

-

-

-

-

-

-

-

Accounts payable (change)

-7,754

-4,817

-5,312

-

-

-

-

-

-

-

-

-

Increase Decrease In Accrued Interest And Taxes

-1,565

4,761

118

-

-

-

-

-

-

-

-

-

Decrease in current liabilities

-9,618

9,685

1,941

-

-

-

-

-

-

-

-

-

Cash contributions to pension and other postretirement plans

5,714

5,584

11,304

-

-

-

-

-

-

-

-

-

Other noncurrent items, net

4,278

3,946

-8,878

-

-

-

-

-

-

-

-

-

Cash Provided by Operating Activities

125,870

147,994

124,120

-

-

-

-

-

-

-

-

-

Capital expenditures

164,036

212,197

108,131

-

-

-

-

-

-

-

-

-

Proceeds from sale of property

0

0

1,721

-

-

-

-

-

-

-

-

-

Other

782

1,105

162

-

-

-

-

-

-

-

-

-

Cash Used for Investing Activities

-164,818

-213,302

-106,572

-

-

-

-

-

-

-

-

-

Cash dividends paid to parent by MGE

0

0

45,000

-

-

-

-

-

-

-

-

-

Payments for Distributions to Parent from Noncontrolling Interest

23,500

22,000

18,000

-

-

-

-

-

-

-

-

-

Proceeds From Contributions From Parent

30,500

0

0

-

-

-

-

-

-

-

-

-

Repayment of long-term debt

4,553

24,453

34,358

-

-

-

-

-

-

-

-

-

Issuance of long-term debt

50,000

100,000

70,000

-

-

-

-

-

-

-

-

-

Proceeds from short-term debt

-13,000

9,000

4,000

-

-

-

-

-

-

-

-

-

Proceeds From Payments For Other Financing Activities

-1,640

-662

-539

-

-

-

-

-

-

-

-

-

Cash (Used for) Provided by Financing Activities

37,807

61,885

-23,897

-

-

-

-

-

-

-

-

-

Change in Cash, Cash Equivalents, and Restricted Cash:

-1,141

-3,423

-6,349

-

-

-

-

-

-

-

-

-

Interest paid

23,171

20,018

19,176

-

-

-

-

-

-

-

-

-

Income taxes paid

95

0

1

-

-

-

-

-

-

-

-

-

Income taxes received

249

59

0

-

-

-

-

-

-

-

-

-

Accrued capital expenditures

26,697

11,129

16,602

-

-

-

-

-

-

-

-

-