South Jersey Industries, Inc. SJI Cash Flow

South jersey industries, inc. (SJI)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08
Cash Flows from Operating Activities:
Net Income (Loss)
76,917	17,663	-3,490	118,810	105,107	97,046	81,593	91,608	89,291	66,652	57,874	76,704
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent
-272	-240	-86	-251	-503	-582	-796	-1,168	-568	-633	-427	247
Income (Loss) from Continuing Operations
77,189	17,903	-3,404	119,061	105,610	97,628	82,389	92,776	89,859	67,285	58,301	76,951
Adjustments to Reconcile Income from Continuing Operations to Net Cash Provided by Operating Activities:
Net Gain on Sales of Assets
3,133	15,379	2,563	0	0	-	-	-	-	-	-	-
Gain on Insurance Proceeds
794	0	0	-	-	-	-	-	-	-	-	-
Impairment Charges
10,745	105,280	91,299	0	0	-	-	-	-	-	-	-
Loss on Extinguishment of Debt
0	0	-543	0	0	-	-	-	-	-	-	-
Depreciation and Amortization
133,385	132,914	123,486	109,818	91,042	78,511	64,890	55,089	47,759	44,694	39,447	35,665
Net Unrealized Loss (Gain) on Derivatives - Energy Related
-11,748	34,447	-13,667	26,935	8,401	-6,592	-25,823	-193	5,377	-22,624	-14,815	-9,317
Unrealized Loss (Gain) on Derivatives - Other
-2,798	1,337	-677	647	96	-467	2,760	660	-149	-641	-1,210	2,174
Unrealized Loss on Property, Plant and Equipment
-	-	-	-	-	-	-	-3,506	0	0	-	-
Provision for Losses on Accounts Receivable
10,432	7,977	6,949	6,907	14,730	9,519	4,245	4,932	2,272	4,943	2,728	2,332
CIP Receivable/Payable
922	32,523	915	-24,943	-7,324	15,226	21,160	-18,106	-1,289	4,381	5,376	2,641
Deferred Gas Costs - Net of Recoveries
-9,712	46,495	28,092	-11,753	-28,648	44,976	-5,473	-25,050	37,343	-22,492	7,910	5,885
Deferred SBC Costs - Net of Recoveries
-695	-311	5,578	7,102	-9,557	-11,048	-2,393	4,183	4,402	2,344	119	1,199
Stock-Based Compensation Expense
5,209	4,144	4,254	3,892	2,213	1,893	3,001	2,992	2,511	2,047	1,481	1,263
Deferred and Noncurrent Income Taxes - Net
21,543	10,392	10,082	55,789	3,861	1,670	-21,549	20,306	23,303	28,895	21,917	23,014
Environmental Remediation Costs - Net of Recoveries
-49,180	-59,307	-39,860	-39,731	-22,057	-8,265	-367	-186	-13,608	-3,520	-449	-26,175
Gas Plant Cost of Removal
18,823	11,184	7,062	6,070	5,096	4,848	6,092	2,133	1,590	1,596	1,678	-1,463
Pension Contribution
0	0	10,000	0	15,000	0	12,700	25,000	0	8,000	-	-
Changes in:
Accounts Receivable
-92,614	106,283	-21	67,160	-92,624	14,323	67,825	59,701	-90,407	76,634	28,003	-14,293
Inventories
-6,177	-566	-5,589	-387	-9,226	4,787	2,449	-13,481	-1,905	-32,421	-68,591	-48,599
Prepaid and Accrued Taxes - Net
-76	-13,418	23,366	-4,253	9,091	5,822	-17,703	4,635	-5,398	10,483	4,818	-7,022
Accounts Payable and Other Accrued Liabilities
-137,717	114,371	58,858	112,199	-103,410	27,429	49,444	18,829	-6,131	37,595	-8,213	14,018
Margin Account Liability
-	-	-	-	-	-	-	-	-	-	-	-4,112
Derivatives - Energy Related
-6,942	-5,208	-899	-6,723	8,069	-169	-1,500	-306	-740	9,645	-12,366	-17,564
Other Assets and Liabilities
59,488	26,999	6,989	-4,477	-8,796	5,444	3,769	4,211	2,245	-4,485	345	-8,931
Cash Flows from Discontinued Operations
0	7	-4	-44	-1,033	-355	-975	-819	-961	-1,187	493	-1,277
Net Cash Provided by Operating Activities
121,052	143,583	190,321	262,627	186,730	161,332	159,535	117,826	191,357	159,094	175,190	26,389
Cash Flows from Investing Activities:
Capital Expenditures
504,212	341,120	272,965	279,423	343,883	342,578	316,644	253,845	193,119	166,910	109,307	61,972
Acquisition-related Working Capital Settlement
15,600	0	0	-	-	-	-	-	-	-	-	-
Cash Paid for Acquisition, Net of Cash Acquired
3,952	1,740,285	0	0	-	-	-	-	-	-	-	-
Cash Paid for Purchase of New Contract
0	11,339	0	0	-	-	-	-	-	-	-	-
Purchase of Available for Sale Securities
-	-	-	-	6,059	0	0	-	-	-	-	-
Proceeds from Restricted Investments
-	-	-	-	-	0	-	-	-	-	-	5,170
Proceeds from Sale of Property, Plant & Equipment
26,938	310,644	3,547	0	0	53	0	29	3,500	0	0	-
Net Proceeds from (Purchase of) Restricted Investments in Margin Accounts
-	-	-	-	-	-22,337	-25,164	755	-10,269	-3,174	25,883	-29,731
Net Sale of Restricted Investments from Escrowed Loan Proceeds
-	-	-	-	-	0	0	-	-	-	-	-
Purchase of Restricted Investments with Escrowed Loan Proceeds
-	-	-	-	-	-	-	-	-	-	-	77
Investment in Long-Term Receivables
15,718	8,643	9,324	10,886	19,033	13,024	7,182	6,243	4,926	3,313	4,730	-5,558
Proceeds from Long-Term Receivables
10,301	9,813	9,861	10,014	8,769	6,544	5,764	8,182	6,312	2,901	5,399	3,399
Notes Receivable
0	0	-22,884	-9,916	9,916	0	0	-	-	-	-	-
Proceeds from (Purchase of) Company-Owned Life Insurance
-1,694	1,298	9,180	-	-	-	-	-	-	-	-	-
Payment to Acquire Life Insurance Policy, Investing Activities
-	-	-	2,398	2,328	1,250	5,149	4,547	4,628	4,354	4,444	4,287
Acquisition of Subsidiary, Net of Cash & Restricted Cash Acquired (See Note 1)
-	-	-	-	-3,133	0	0	-	-	-	-	-
Investment in Affiliates
4,866	9,524	29,636	12,943	20,229	0	2,973	39,431	23,043	4,750	3,999	2,969
Return of Investment in Affiliate
-	-	-	4,750	0	0	-	-	2,339	0	175	7,470
Proceeds from Sale of Investment in Affiliate
-	-	-	-	-	-	-	-	-	-	-	58
Advances to Affiliates
3,433	0	2,451	0	2,075	7,521	19,349	67,943	41,612	101,957	26,780	7,457
Net Repayment of Notes Receivable - Affiliates
0	2,967	0	672	4,276	5,094	124,946	13,402	47,694	5,834	2,897	0
Other
-	-	-	-	-	-	41	6,276	6,423	2,843	0	0
Net Cash Used in Investing Activities
-477,648	-1,788,785	-287,264	-280,298	-387,345	-375,019	-245,792	-355,917	-224,175	-278,566	-114,906	-95,954
Cash Flows from Financing Activities:
Net (Repayments of) Borrowings from Short-Term Credit Facilities
578,200	-75,900	50,300	-135,600	186,000	-108,200	65,000	17,500	70,714	54,087	-15,950	94,260
Proceeds from Issuance of Long-Term Debt
429,657	2,432,500	450,000	61,000	130,000	329,000	50,000	235,000	0	115,000	0	25,000
Principal Repayments of Long-Term Debt
733,909	768,909	293,309	49,366	125,009	21,000	25,000	35,000	25,000	10,000	9,985	25,106
Payments for Issuance of Long-Term Debt
2,744	21,574	14,204	147	64	2,184	411	1,788	43	1,215	178	320
Premium for Early Retirement of Debt
-	-	-	-	-	-	-	700	0	0	-	-
Dividends on Common Stock
106,938	94,756	87,308	82,380	70,158	63,869	57,679	50,942	44,975	40,478	36,426	32,914
Net Settlement of Restricted Stock
0	776	751	387	333	-	-	-	-	-	-	-
Proceeds from Sale of Common Stock
189,032	173,750	0	214,426	63,192	80,680	54,028	70,241	13,436	0	0	2,076
Payments for the Issuance of Common Stock
0	7,149	0	0	-	-	-	-	-	-	-	-
Payment of Lease Obligation
-	-	-	10,600	0	0	-	-	-	-	-	-
Proceeds from Finance Obligation
-	-	-	-	-	-	-	-	23,482	0	0	-
Other
-	-	-	-	-	-387	-501	880	379	618	303	666
Net Cash Used in Financing Activities
353,298	1,637,186	104,728	-3,054	183,628	214,040	85,437	235,191	37,993	118,012	-62,236	63,662
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash
-3,298	-8,016	7,785	-20,725	-16,987	353	-820	-2,900	5,175	-1,460	-1,952	-5,903
Supplemental Disclosures of Cash Flow Information
Cash paid (received) during the year for:
Interest (Net of Amounts Capitalized)
114,015	84,792	51,456	32,372	30,915	28,854	18,584	18,442	25,303	21,850	20,519	24,253
Income Taxes (Net of Refunds)
-10,639	-20,004	-8,348	194	1,828	6,858	-12,387	218	-9,861	12,120	11,844	35,363
Supplemental Disclosures of Non-Cash Investing Activities
Capital Expenditures acquired on account but unpaid as of year-end
54,321	44,184	32,253	39,130	51,433	36,491	44,874	34,086	20,457	15,404	19,934	7,877
Guarantee of certain obligations of unconsolidated affiliates
-	-	-	-	-	-	-	-	-	-	6,852	0
Reclass from Notes Receivable Affiliate to Investment in Affiliates
-	-	-	-	-	-	-	2,952	5,351	0	0	-
Notes Receivable from Affiliate Exchanged for Notes Receivable from a Third Party
-	-	-	-	16,389	0	7,882	0	0	-	-	-
Notes Receivable Exchanged for Accounts Payable
0	0	3,841	10,168	0	0	-	-	-	-	-	-
Notes Receivable Affiliate Exchanged for Accounts Receivable
-	-	-	-	-	-	-	-	1,783	0	0	-
South Jersey Gas Company
Net Income (Loss)
87,394	82,949	72,557	69,045	-	-	-	-	-	-	-	-
Depreciation and Amortization
93,910	82,622	71,654	63,901	-	-	-	-	-	-	-	-
Provision for Losses on Accounts Receivable
7,193	7,997	6,949	6,993	-	-	-	-	-	-	-	-
CIP Receivable/Payable
922	32,523	915	-24,943	-	-	-	-	-	-	-	-
Deferred Gas Costs - Net of Recoveries
-9,712	46,495	28,092	-11,753	-	-	-	-	-	-	-	-
Deferred SBC Costs - Net of Recoveries
-695	-311	5,578	7,102	-	-	-	-	-	-	-	-
Deferred and Noncurrent Income Taxes - Net
32,822	39,179	78,712	40,980	-	-	-	-	-	-	-	-
Environmental Remediation Costs - Net of Recoveries
-42,654	-53,685	-39,860	-39,735	-	-	-	-	-	-	-	-
Gas Plant Cost of Removal
8,931	6,899	7,062	6,070	-	-	-	-	-	-	-	-
Pension Contribution
0	0	7,997	0	-	-	-	-	-	-	-	-
Accounts Receivable
-8,182	21,749	28,129	24,867	-	-	-	-	-	-	-	-
Inventories
-1,497	1,198	3,222	-2,696	-	-	-	-	-	-	-	-
Prepaid and Accrued Taxes - Net
-9,241	-9,685	20,993	-3,980	-	-	-	-	-	-	-	-
Other Prepayments and Current Assets
13,794	-1,390	-1,183	448	-	-	-	-	-	-	-	-
Gas Purchases Payable
-31,129	5,149	19,526	14,879	-	-	-	-	-	-	-	-
Accounts Payable and Other Accrued Liabilities
2,370	-15,194	-1,753	35,982	-	-	-	-	-	-	-	-
Other Assets
25,188	6,705	16,925	7,065	-	-	-	-	-	-	-	-
Other Liabilities
-537	3,094	14,784	2,183	-	-	-	-	-	-	-	-
Notes Receivable
-	-	-	-9,916	-	-	-	-	-	-	-	-
Payment to Acquire Life Insurance Policy, Investing Activities
0	0	4,875	0	-	-	-	-	-	-	-	-
Principal Repayments of Long-Term Debt
18,909	238,909	215,909	27,909	-	-	-	-	-	-	-	-
Dividends on Common Stock
0	0	20,000	0	-	-	-	-	-	-	-	-
Additional Investment by Shareholder
0	0	40,000	65,000	-	-	-	-	-	-	-	-
Interest (Net of Amounts Capitalized)
31,076	28,583	23,729	18,497	-	-	-	-	-	-	-	-
Income Taxes (Net of Refunds)
-14,122	-21,742	-8,476	-1	-	-	-	-	-	-	-	-
Capital Expenditures acquired on account but unpaid as of year-end
36,040	32,272	25,889	25,275	-	-	-	-	-	-	-	-
SJG
Net Cash Provided by Operating Activities
131,705	112,974	106,669	142,162	-	-	-	-	-	-	-	-
Capital Expenditures
257,654	241,873	248,864	225,287	-	-	-	-	-	-	-	-
Investment in Long-Term Receivables
15,718	8,643	9,324	10,886	-	-	-	-	-	-	-	-
Proceeds from Long-Term Receivables
10,301	9,813	9,861	10,014	-	-	-	-	-	-	-	-
Net Cash Used in Investing Activities
-263,071	-240,703	-253,202	-216,243	-	-	-	-	-	-	-	-
Net (Repayments of) Borrowings from Short-Term Credit Facilities
63,800	55,500	-52,300	-30,100	-	-	-	-	-	-	-	-
Proceeds from Issuance of Long-Term Debt
90,000	310,000	400,000	61,000	-	-	-	-	-	-	-	-
Payments from Issuance of Long-Term Debt
36	219	2,030	63	-	-	-	-	-	-	-	-
Net Cash Used in Financing Activities
134,855	126,372	149,761	67,928	-	-	-	-	-	-	-	-
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash
3,489	-1,357	3,228	-6,153	-	-	-	-	-	-	-	-