Unitil (UTL) trailing twelve month cash flow statement covering six trailing twelve month periods to September 30, 2023, as reported to the SEC.
A cash flow statement shows the cash that actually came in and went out, split between running the business, investing and financing.
| Sep'23 | Jun'23 | Mar'23 | Dec'22 | Sep'22 | Jun'22 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities: | |||||||||||||||||||||
Net Income | |||||||||||||||||||||
44,200 | 43,300 | 44,000 | 41,400 | 84,600 | 84,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net Income | 44,200 | 43,300 | 44,000 | 41,400 | 84,600 | 84,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Adjustments to Reconcile Net Income to Cash Provided by Operating Activities: | |||||||||||||||||||||
Depreciation and Amortization | |||||||||||||||||||||
65,800 | 65,600 | 63,800 | 62,600 | 61,900 | 60,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Depreciation and Amortization | 65,800 | 65,600 | 63,800 | 62,600 | 61,900 | 60,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Deferred Tax Provision | |||||||||||||||||||||
12,900 | 12,600 | 11,100 | 11,000 | 11,700 | 11,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Deferred Tax Provision | 12,900 | 12,600 | 11,100 | 11,000 | 11,700 | 11,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Gain on Divestiture, net (See Note 1) | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Gain on Divestiture, net (See Note 1) | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Changes in Working Capital Items: | |||||||||||||||||||||
Accounts Receivable | |||||||||||||||||||||
6,000 | 5,200 | 10,300 | 6,900 | 5,400 | 4,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accounts Receivable | 6,000 | 5,200 | 10,300 | 6,900 | 5,400 | 4,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Accrued Revenue | |||||||||||||||||||||
10,400 | 14,800 | 15,300 | 11,600 | 8,300 | 11,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accrued Revenue | 10,400 | 14,800 | 15,300 | 11,600 | 8,300 | 11,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Exchange Gas Receivable | |||||||||||||||||||||
-11,100 | -4,000 | 4,000 | 10,600 | 14,600 | 8,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Exchange Gas Receivable | -11,100 | -4,000 | 4,000 | 10,600 | 14,600 | 8,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Taxes Refundable / Payable | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Taxes Refundable / Payable | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Regulatory Liabilities | |||||||||||||||||||||
-3,900 | -7,500 | 1,400 | 5,500 | 7,700 | 8,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Regulatory Liabilities | -3,900 | -7,500 | 1,400 | 5,500 | 7,700 | 8,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Gas Inventory | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Gas Inventory | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Accounts Payable | |||||||||||||||||||||
400 | 2,400 | 7,300 | 16,200 | 5,700 | 1,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accounts Payable | 400 | 2,400 | 7,300 | 16,200 | 5,700 | 1,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Other Changes in Working Capital Items | |||||||||||||||||||||
-4,400 | -2,900 | -3,700 | -1,400 | 1,700 | 3,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Other Changes in Working Capital Items | -4,400 | -2,900 | -3,700 | -1,400 | 1,700 | 3,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Deferred Regulatory and Other Charges | |||||||||||||||||||||
-10,800 | -9,900 | -11,500 | -6,500 | -3,000 | -3,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Deferred Regulatory and Other Charges | -10,800 | -9,900 | -11,500 | -6,500 | -3,000 | -3,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Other, net | |||||||||||||||||||||
-14,000 | -4,300 | -6,300 | -4,800 | -800 | 1,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Other, net | -14,000 | -4,300 | -6,300 | -4,800 | -800 | 1,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Cash Provided by Operating Activities | |||||||||||||||||||||
93,700 | 89,100 | 83,900 | 97,700 | 94,600 | 94,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Cash Provided by Operating Activities | 93,700 | 89,100 | 83,900 | 97,700 | 94,600 | 94,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Investing Activities: | |||||||||||||||||||||
Property, Plant and Equipment Additions | |||||||||||||||||||||
133,000 | 134,400 | 128,900 | 122,100 | 116,000 | 117,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Property, Plant and Equipment Additions | 133,000 | 134,400 | 128,900 | 122,100 | 116,000 | 117,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Proceeds from Divestiture, Net (See Note 1) | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Proceeds from Divestiture, Net (See Note 1) | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Cash (Used in) Investing Activities | |||||||||||||||||||||
-133,000 | -134,400 | -128,900 | -122,100 | -116,000 | -117,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Cash (Used in) Investing Activities | -133,000 | -134,400 | -128,900 | -122,100 | -116,000 | -117,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Financing Activities: | |||||||||||||||||||||
Proceeds from Short-Term Debt, net | |||||||||||||||||||||
57,500 | 85,500 | 76,200 | 51,900 | 41,500 | 16,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Proceeds from Short-Term Debt, net | 57,500 | 85,500 | 76,200 | 51,900 | 41,500 | 16,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Repayment of Long-Term Debt | |||||||||||||||||||||
10,400 | 10,400 | 10,300 | 10,400 | 10,400 | 21,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Repayment of Long-Term Debt | 10,400 | 10,400 | 10,300 | 10,400 | 10,400 | 21,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Decrease in Capital Lease Obligations | |||||||||||||||||||||
-300 | -200 | -200 | 100 | 100 | 200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Decrease in Capital Lease Obligations | -300 | -200 | -200 | 100 | 100 | 200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Proceeds from Issuance (Repayment) of Long-Term Debt, net | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Proceeds from Issuance (Repayment) of Long-Term Debt, net | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net (Decrease) Increase in Exchange Gas Financing | |||||||||||||||||||||
-10,000 | -3,800 | 3,500 | 9,600 | 13,500 | 7,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net (Decrease) Increase in Exchange Gas Financing | -10,000 | -3,800 | 3,500 | 9,600 | 13,500 | 7,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Dividends Paid | |||||||||||||||||||||
25,800 | 25,600 | 25,300 | 25,100 | 25,000 | 24,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Dividends Paid | 25,800 | 25,600 | 25,300 | 25,100 | 25,000 | 24,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Proceeds from Issuance of Common Stock | |||||||||||||||||||||
1,000 | 1,100 | 1,000 | 1,000 | 1,000 | 45,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Proceeds from Issuance of Common Stock | 1,000 | 1,100 | 1,000 | 1,000 | 1,000 | 45,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Other, net | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Other, net | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Cash Provided by Financing Activities | |||||||||||||||||||||
37,400 | 47,000 | 45,300 | 26,900 | 20,500 | 23,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Cash Provided by Financing Activities | 37,400 | 47,000 | 45,300 | 26,900 | 20,500 | 23,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net (Decrease) Increase in Cash and Cash Equivalents | |||||||||||||||||||||
-1,900 | 1,700 | 300 | 2,500 | -900 | -1,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net (Decrease) Increase in Cash and Cash Equivalents | -1,900 | 1,700 | 300 | 2,500 | -900 | -1,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Supplemental Cash Flow Information: | |||||||||||||||||||||
Interest Paid | |||||||||||||||||||||
30,300 | 28,700 | 28,000 | 26,000 | 25,800 | 25,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Interest Paid | 30,300 | 28,700 | 28,000 | 26,000 | 25,800 | 25,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Income Taxes Paid | |||||||||||||||||||||
- | 100 | 800 | 1,200 | 1,200 | 1,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Income Taxes Paid | - | 100 | 800 | 1,200 | 1,200 | 1,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Payments on Capital Leases | |||||||||||||||||||||
300 | 200 | 200 | 200 | 100 | 200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Payments on Capital Leases | 300 | 200 | 200 | 200 | 100 | 200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Non-cash Investing Activity: | |||||||||||||||||||||
Capital Expenditures Included in Accounts Payable | |||||||||||||||||||||
10,500 | 8,700 | 8,300 | 7,300 | 6,100 | 4,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Capital Expenditures Included in Accounts Payable | 10,500 | 8,700 | 8,300 | 7,300 | 6,100 | 4,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Right-of-Use Assets Obtained in Exchange for Lease Obligations | |||||||||||||||||||||
2,000 | 2,400 | 1,900 | 1,100 | 1,000 | 800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Right-of-Use Assets Obtained in Exchange for Lease Obligations | 2,000 | 2,400 | 1,900 | 1,100 | 1,000 | 800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||