SJW GROUP SJW Cash Flow

Sjw group (SJW)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
OPERATING ACTIVITIES:
Net income
23,627	38,767	61,100	52,839	37,882	51,806	22,384	22,318	20,878	24,406	15,171
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
68,489	56,907	50,501	46,295	42,330	39,491	36,595	34,629	32,709	29,756	27,017
Deferred income taxes
-1,249	-9,486	-436	4,803	15,625	26,067	11,567	12,235	16,458	8,077	6,305
Stock-based compensation
3,406	2,117	2,643	1,691	1,603	1,031	912	564	651	812	897
Unrealized loss on California Water Service Group stock
0	-527	0	0	-	-	-	-	-	-	-
Gain on sale of California Water Service Group stock
0	104	0	3,197	0	2,017	0	0	-	18,966	0
Impairment on real estate investment
-	-	-	-	-	-	-	-	-	3,597	0
Gain (Loss) on Sale of Properties
929	0	6,903	10,419	1,886	554	1,063	910	0	0	-
Loss (gain) on sale of utility property
-20	9	12,499	0	0	-	-	-	-23	0	0
Changes in operating assets and liabilities:
Accounts receivable and accrued unbilled utility revenue
3,860	2,003	1,702	5,377	-735	1,276	3,073	800	2,470	2,197	-1,670
Accounts payable and other current liabilities
1,946	2,130	2,888	-337	1,550	-403	-369	933	-133	887	-464
Accrued groundwater extraction charges, purchased water and power
2,853	-688	3,536	3,683	1,133	-1,751	2,709	-1,034	1,430	-137	-761
Tax payable and receivable, and other accrued taxes
-6,044	5,841	2,164	-680	-3,297	-5,546	-1,112	5,093	-1,102	-8,528	2,011
Accrued interest
-	-	-	-	-	-	-	-	-	-	413
Accrued payroll
-	-	-	-	-	-	-	-	-	-	-962
Other current asset and liabilities related to balancing and memorandum accounts
-	-	-	-	-	-	-	-5,740	5,740	0	0
Prepaid expenses and materials and supplies
-	-	-	-	-	-	-	-	-	-	365
Postretirement benefits
-4,000	203	-769	-349	-117	-325	127	77	-37	-2,566	3,034
Regulatory assets and liability related to balancing and memorandum accounts
-30,838	6,488	979	-19,297	-1,429	39,727	3,257	3,550	0	0	-
Other noncurrent assets and noncurrent liabilities
-7,439	-1,923	-741	-5,468	-1,950	2,001	884	1,503	-1,855	-1,166	-398
Other changes, net
-7,469	-1,706	-827	-854	783	-1,116	1,111	-575	318	-860	-182
NET CASH PROVIDED BY OPERATING ACTIVITIES
130,005	91,343	101,112	114,571	98,154	65,911	63,425	74,367	64,204	37,167	54,546
INVESTING ACTIVITIES:
Company-funded
164,325	135,973	141,213	129,134	96,012	91,846	82,720	101,458	62,439	95,536	55,803
Contributions in aid of construction
13,563	8,454	7,842	13,086	10,762	10,090	11,605	4,376	7,311	4,364	1,457
Additions to real estate investments
137	123	116	328	1,097	13	4,232	678	156	4,540	0
Payments for business/asset acquisition and water rights
835,465	2,496	1,149	1,070	991	1,768	3,349	2,280	4,040	3,504	6,436
Payments to retire utility plant, net of salvage
5,026	3,909	3,356	3,361	3,673	1,551	2,695	922	1,816	757	459
Proceeds from sale of utility property
-	-	-	0	0	-	-	-	43	0	0
Proceeds from sale of California Water Service Group stock
0	4,112	0	4,509	0	3,056	0	0	-	33,938	0
Proceeds from sale of real estate investments and utility property
745	0	39,802	20,341	1,925	4,572	8,831	5,517	0	0	-
NET CASH USED IN INVESTING ACTIVITIES
-1,017,771	-146,843	-113,874	-122,129	-110,610	-97,640	-95,770	-104,197	-75,719	-74,763	-64,155
FINANCING ACTIVITIES:
Borrowings on line of credit
105,349	76,000	56,500	62,075	97,000	57,200	48,600	16,300	17,600	62,300	14,100
Repayments of line of credit
192,055	1,000	45,700	82,475	75,600	66,400	41,500	1,000	21,600	64,100	26,700
Long-term borrowings
590,000	0	0	50,999	0	50,000	0	0	50,000	50,000	30,000
Long-term borrowings held as restricted cash
5,000	0	0	19,001	0	0	-	-	-	-	-
Repayments of long-term borrowings
1,400	0	2,717	16,599	633	602	5,439	3,696	1,094	790	749
Payment to noncontrolling interest
-	-	-	-	0	-	-	-	-	-	-
Debt issuance and broker fee costs
4,918	0	0	-	0	528	19	33	87	856	0
Dividends paid
34,134	23,074	21,332	16,559	15,885	15,177	14,443	13,231	12,823	12,603	12,202
Receipts of advances and contributions in aid of construction
18,904	10,890	12,581	14,366	12,266	7,569	10,293	8,407	6,149	5,428	4,846
Employee stock purchase plan proceeds
-	-	-	-	-	1,917	1,004	989	564	692	551
Tax benefits realized from restricted and deferred stock units
-	-	-	-	-	462	28	97	7	41	74
Refunds of advances for construction
2,911	2,700	2,622	2,522	2,484	2,612	2,296	2,215	2,197	2,202	2,301
Issuance of common stock, net of issuance costs
-10	411,385	0	0	-	-	35,894	0	0	-	-
Other changes, net
1,163	-3,078	-1,499	-617	632	-	-	-	-	-	-
NET CASH PROVIDED BY FINANCING ACTIVITIES
484,988	468,423	-4,789	27,669	15,296	31,829	32,122	5,618	36,519	37,910	7,619
NET CHANGE IN CASH AND CASH EQUIVALENTS
-402,778	412,923	-17,551	20,111	2,840	100	-223	-24,212	25,004	314	-1,990
Cash paid (received) during the period for:
Interest
32,138	27,038	25,254	23,962	23,634	21,046	20,886	21,206	20,307	18,070	15,609
Income taxes
16,448	13,750	34,052	27,517	9,723	6,324	4,186	-1,445	-2,930	15,326	2,255
Supplemental disclosure of non-cash activities:
Change in accrued payables for construction costs capitalized
-516	340	2,700	3,696	7,540	-4,981	4,588	355	1,971	-1,389	1,142
Utility property installed by developers
3,077	1,747	3,723	9,614	1,011	6,549	2,162	4,073	567	341	1,457
Reconciliation to Consolidated Balance Sheets:
Increase in real estate investments due to accrued tenant improvements
-	-	-	-	-	-	-	-	-726	0	1,389