| Sep'19 | Sep'18 | Sep'17 | Sep'16 | Sep'15 | Sep'14 | Sep'13 | Sep'12 | Sep'11 | Sep'10 |
|---|---|---|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES: | |||||||||
Net income | |||||||||
8,698 | 7,297 | 6,232 | 5,806 | 5,094 | 4,708 | 4,262 | 4,296 | 4,653 | 4,445 |
Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||
Depreciation and amortization | |||||||||
7,600 | 7,090 | 6,378 | 5,709 | 5,219 | 4,838 | 4,656 | 4,387 | 4,164 | 3,959 |
Cost of retirement of utility plant, net | |||||||||
443 | 288 | 354 | 449 | 406 | 452 | 502 | 436 | 302 | 307 |
Stock option grants | |||||||||
0 | 0 | 73 | 64 | 83 | 75 | 84 | 0 | 0 | - |
Income (Loss) from Equity Method Investments | |||||||||
3,020 | 938 | 421 | 152 | 0 | 0 | - | - | - | - |
Deferred income taxes | |||||||||
684 | 755 | 3,325 | 4,466 | 2,416 | - | - | - | - | - |
Deferred taxes and investment tax credits | |||||||||
- | - | - | - | - | 859 | 786 | 2,410 | 2,720 | 1,884 |
Other noncash items, net | |||||||||
-488 | -163 | -203 | -197 | -105 | -38 | -39 | -35 | 42 | -95 |
Accounts receivable and customer deposits, net | |||||||||
122 | 476 | 191 | 258 | -638 | -12 | 374 | 51 | 189 | -320 |
Inventories and gas in storage | |||||||||
-1,070 | -182 | 462 | -867 | -3,168 | 1,219 | 997 | -3,394 | -899 | -2,287 |
Regulatory and other assets | |||||||||
156 | 138 | 956 | - | - | - | - | - | - | - |
Over/under recovery of gas costs | |||||||||
- | - | - | 991 | -2,082 | 1,208 | -1,714 | 1,042 | 2,309 | 2,987 |
Other assets | |||||||||
- | - | - | 398 | 768 | 306 | -1,106 | 418 | -882 | 640 |
Accounts payable, customer credit balances and accrued expenses, net | |||||||||
-2,745 | -25 | -1,374 | 60 | -873 | -505 | -739 | -792 | 207 | -1,939 |
Regulatory liabilities | |||||||||
2,643 | -117 | 528 | - | - | - | - | - | - | - |
Rate refund | |||||||||
- | - | - | 0 | - | - | - | - | - | - |
Total adjustments | |||||||||
5,999 | 6,206 | 6,748 | 9,114 | 11,666 | 2,131 | 5,775 | 7,486 | 6,029 | 2,673 |
Net cash provided by operating activities | |||||||||
14,697 | 13,503 | 12,980 | 14,921 | 16,760 | 6,839 | 10,037 | 11,783 | 10,683 | 7,118 |
CASH FLOWS FROM INVESTING ACTIVITIES: | |||||||||
Expenditures for utility property | |||||||||
21,884 | 23,290 | 20,750 | 17,945 | 13,780 | 14,715 | 9,977 | 8,683 | 7,589 | 5,973 |
Payments to Acquire Additional Interest in Subsidiaries | |||||||||
20,965 | 11,036 | 2,759 | 3,055 | 0 | 0 | - | - | - | - |
Proceeds from disposal of utility property | |||||||||
20 | 160 | 16 | 4 | 30 | 16 | 29 | 32 | 0 | 10 |
Net cash used in investing activities | |||||||||
-42,830 | -34,166 | -23,492 | -20,996 | -13,750 | -14,698 | -9,947 | -8,650 | -7,589 | -5,963 |
CASH FLOWS FROM FINANCING ACTIVITIES: | |||||||||
Proceeds from issuance of unsecured notes | |||||||||
56,269 | 19,431 | 9,916 | 3,396 | 0 | 30,500 | 0 | - | - | - |
Proceeds on collection of notes | |||||||||
- | - | - | - | - | - | 1,142 | 277 | 87 | 87 |
Borrowings under line-of-credit | |||||||||
33,735 | 29,814 | 42,569 | 38,310 | 34,698 | 25,363 | 4,354 | 0 | 0 | - |
Repayments under line-of-credit | |||||||||
32,923 | 40,245 | 39,334 | 33,094 | 34,402 | 16,318 | 4,354 | 0 | 0 | - |
Retirement of notes payable | |||||||||
24,000 | 0 | 0 | - | - | - | - | - | - | - |
Retirement of note payable | |||||||||
- | - | - | - | - | 15,000 | 0 | - | - | - |
Retirement of long-term debt | |||||||||
- | - | - | - | - | 13,000 | 0 | - | - | - |
Early termination fees | |||||||||
- | - | - | - | - | 2,237 | 0 | - | - | - |
Debt issuance expenses | |||||||||
93 | 32 | 64 | 101 | 0 | 193 | 0 | - | - | - |
Proceeds from issuance of stock | |||||||||
1,746 | 16,520 | 967 | 1,031 | 432 | 213 | 737 | 774 | 1,118 | 1,031 |
Cash dividends paid | |||||||||
5,217 | 4,647 | 4,115 | 3,808 | 3,603 | 3,465 | 8,033 | 3,226 | 3,094 | 2,951 |
Net cash provided by financing activities | |||||||||
29,516 | 20,840 | 9,937 | 5,732 | -2,875 | 5,862 | -6,153 | -2,173 | -1,888 | -1,832 |
NET INCREASE IN CASH AND CASH EQUIVALENTS | |||||||||
1,383 | 177 | -573 | - | - | - | - | - | - | - |
NET INCREASE IN CASH AND CASH EQUIVALENTS | |||||||||
- | - | - | -341 | 135 | -1,996 | -6,063 | 958 | 1,205 | -676 |
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: | |||||||||
Interest | |||||||||
3,328 | 2,137 | 1,734 | - | - | - | - | - | - | - |
Interest paid | |||||||||
- | - | - | 1,480 | 1,002 | 1,966 | 1,803 | 1,783 | 1,799 | 1,807 |
Income taxes | |||||||||
2,287 | 1,180 | 726 | -907 | 1,266 | 2,387 | 622 | 525 | -705 | 1,329 |
Note received for reimbursement of expenses | |||||||||
- | - | - | - | - | - | - | - | 381 | - |