ESSENTIAL UTILITIES, INC. WTR Cash Flow

Essential utilities, inc. (WTR)
CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10
Cash flows from operating activities:
Net income
259,400	224,543	156,659	146,386	158,073	191,988	249,118	247,127	241,505	239,738	235,914	232,859	231,517	234,182	212,967	207,226	204,982	201,790	240,171	240,738	238,925	233,239	223,956	219,577	217,594	221,300	230,323	217,365	205,224	196,563	164,013	154,477	150,622	143,069	137,922	140,550	132,815	123,975	0	0	0
Income from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	19,355	12,772	13,355	13,186	18,429	10,822	10,329	9,412	14,726	13,554	11,366	12,696	1,386	0	0	0	-	-	-	-
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	213,884	211,184	206,222	204,408	202,871	219,501	207,036	195,812	181,837	150,459	143,111	137,926	141,683	0	0	0	-	-	-	-
Adjustments to reconcile net income to net cash flows from operating activities:
Depreciation and amortization
163,311	156,476	152,131	149,854	149,986	146,673	145,373	142,023	138,795	136,724	135,862	135,826	134,439	133,008	131,630	130,157	129,983	128,737	128,280	125,771	125,770	126,535	126,093	126,970	125,677	123,985	121,937	120,343	118,735	116,180	113,123	109,151	108,254	108,300	106,523	108,315	110,257	111,716	0	0	0
Deferred income taxes
-20,285	-10,436	-25,390	-22,232	-20,953	-14,950	4,087	2,879	8,250	13,780	11,679	18,498	18,495	17,250	17,996	16,165	15,254	16,506	30,277	29,024	30,473	31,477	21,902	16,863	19,202	26,699	37,571	55,965	81,579	77,217	74,132	78,708	58,769	72,110	93,082	98,069	88,606	70,229	0	0	0
Provision for doubtful accounts
6,707	5,306	5,282	5,219	5,212	5,305	5,155	5,147	4,771	4,986	5,448	5,456	5,799	5,505	5,605	5,633	5,646	5,765	4,883	4,930	5,266	5,838	6,019	5,833	5,291	4,708	5,050	5,050	4,969	4,785	4,544	4,463	4,666	4,854	4,063	4,065	3,970	4,156	0	0	0
Stock-based compensation
7,126	7,368	8,067	8,193	8,053	7,567	7,294	6,964	6,474	6,342	6,127	6,000	5,896	5,390	4,774	4,378	5,325	5,860	6,402	6,963	6,829	6,819	6,168	5,910	5,382	5,066	5,573	5,396	5,354	5,550	5,086	5,029	4,116	3,852	3,642	3,383	3,872	3,871	0	0	0
Gain on sale of other assets
808	923	559	645	738	714	760	542	411	484	310	329	440	378	520	628	506	468	467	372	513	-4	-106	-43	-292	148	385	567	740	1,090	1,000	896	970	649	728	767	739	2,547	0	0	0
(Gain) loss on sale of utility system and market-based business unit
-	-	-	-	-	-	-	-	-	-774	-1,404	-1,362	-749	744	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	5,058	0	0	0	-	-	-	0
Interest rate swap agreements
-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net change in receivables, inventory and prepayments
-16,323	4,335	11,623	12,586	21,163	18,024	10,966	10,151	6,785	6,458	2,289	7,261	3,925	3,974	3,078	-6,780	1,031	6,520	25,048	26,642	23,752	20,299	8,140	2,060	-2,618	-4,466	-11,995	-791	5,730	4,937	9,557	-2,808	-1,642	3,864	-3,328	13,312	7,216	4,745	0	0	0
Net change in payables, accrued interest, accrued taxes and other accrued liabilities
979	5,108	9,561	6,074	-1,839	567	-138	4,041	2,760	-763	8,702	-3,518	-4,643	4,756	-20,160	-8,483	-10,049	-3,469	679	-1,951	-1,339	470	1,045	2,156	-670	-13,425	-11,310	-2,247	2,143	12,815	25,820	3,360	14,494	421	-1,196	-10,449	-32,188	-18,415	0	0	0
Pension and other postretirement benefits contributions
-4,686	-8,597	-10,224	-12,119	-12,946	-14,216	-13,390	-9,511	-13,746	-16,240	-16,781	-18,139	-14,502	-9,505	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-3,127	-5,668	-3,400	297	-1,209	-4,547	-3,763	-5,315	-6,360	-2,919	-3,834	-5,012	-9,143	-10,673	-19,486	-20,460	-11,622	-4,278	7,483	4,911	10,190	11,702	11,972	10,917	4,791	-1,338	-4,484	-3,071	-2,093	452	3,277	2,624	3,840	3,208	2,144	5,996	3,084	2,327	0	0	0
Net cash flows from operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	375,612	-	371,695	367,266	364,434	364,888	363,279	361,894	367,258	365,409	377,309	377,731	388,133	375,823	391,818	375,969	356,051	352,041	0	0	0	-	-	-	-
Operating cash flows used in discontinued operations, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,100	-625	576	1,504	2,410	4,482	4,741	-8,673	-7,416	-5,860	276	14,638	14,806	0	0	0	-	-	-	-
Net cash flows from operating activities
354,757	338,523	305,822	286,380	359,455	368,522	389,986	393,742	388,469	381,318	0	0	0	-	-	-	-	-	-	-	-	363,788	362,654	362,470	368,762	367,819	381,791	382,472	379,460	368,407	385,958	376,245	370,689	366,847	321,567	299,645	273,101	263,092	0	0	0
Cash flows from investing activities:
Property, plant and equipment additions, including the debt component of allowance for funds used during construction of $873 and $1,030
535,215	550,273	554,076	548,294	524,393	495,737	483,577	486,231	488,663	478,089	450,708	422,881	404,574	382,996	377,230	382,992	367,389	364,689	365,344	346,923	339,070	328,605	313,240	305,152	308,642	307,908	299,673	312,517	326,574	347,098	366,286	353,835	345,774	325,808	298,946	308,643	300,603	308,134	0	0	0
Acquisitions of utility systems, net
3,505,274	59,687	46,286	146,022	145,972	145,693	100,026	285	5,830	5,860	9,657	9,562	5,182	9,423	8,288	8,696	32,662	28,989	29,266	36,068	11,359	14,616	12,270	8,743	8,368	14,997	19,602	27,971	130,625	121,248	0	0	0	-	-	-	-	8,625	0	0	0
Release of funds previously restricted for construction activity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	47	0	0	0	-	11,579	23,137	23,137	23,531	24,034	31,996	67,886	67,498	67,102	81,432	45,606	46,330	85,993	89,562	92,756	92,984	0	0	0
Additions to funds restricted for construction activity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6	85	90	874	2,165	2,100	2,110	1,371	149	144,241	144,256	144,248	145,157	0	0	0
Net proceeds from the sale of other assets
2,811	2,893	2,473	2,500	784	716	802	638	877	1,342	2,345	2,409	5,532	7,746	6,680	6,797	3,269	648	685	540	657	558	2,514	5,510	5,353	5,315	3,240	-795	1,681	3,819	4,542	6,633	12,400	13,404	13,692	12,806	4,811	4,605	0	0	0
Proceeds from note receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,289	7,047	8,422	8,627	3,713	0	0	0
Investment in joint venture
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14,700	24,500	34,048	33,856	33,856	0	0	0	-	-	-	-	-	-	-	-
Other
-2,030	-2,464	-2,644	-2,034	-1,436	-899	-1,326	-2,215	-2,319	-2,223	-2,944	-1,365	-1,333	-1,464	84	-172	-61	1,079	1,261	987	810	-279	-1,028	-389	-218	-76	250	763	1,111	1,512	2,016	1,655	1,386	946	1,292	1,849	6,549	6,304	0	0	0
Net cash flows used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-396,706	-	-395,139	-383,406	-350,550	-342,384	-315,289	-289,760	-298,106	-308,689	-316,836	-344,188	-423,473	-434,562	-440,632	-390,210	-310,324	-275,482	0	0	0	-	-	-	-
Investing cash flows from discontinued operations, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	49,883	36,628	36,004	35,853	87,126	46,299	48,632	87,135	69,887	71,223	64,525	25,339	-9,422	0	0	0	-	-	-	-
Net cash flows used in investing activities
-4,035,648	-604,603	-595,245	-689,782	-668,145	-639,815	-581,475	-483,663	-491,297	-480,384	0	0	0	-	-	-	-	-	-	-	-	-292,501	-278,661	-253,756	-262,253	-221,563	-270,537	-295,556	-336,338	-364,675	-369,409	-325,685	-284,985	-284,904	-368,561	-375,597	-370,857	-383,452	0	0	0
Cash flows from financing activities:
Customers' advances and contributions in aid of construction
8,696	9,092	10,119	9,304	7,574	7,458	7,695	7,751	7,469	7,312	6,905	7,687	7,575	7,263	7,624	6,237	5,984	5,904	5,840	5,754	6,115	6,064	6,101	6,137	5,462	5,114	4,602	5,270	4,996	6,821	6,713	4,976	5,535	3,558	3,583	4,617	4,324	6,568	0	0	0
Repayments of customers' advances
7,125	6,825	5,699	5,887	5,968	6,217	5,780	6,580	7,039	6,536	5,400	4,255	3,925	3,763	3,527	3,564	3,286	3,977	4,253	4,429	4,834	4,028	4,472	4,669	3,960	4,303	4,056	5,458	5,700	5,958	5,949	3,843	3,538	3,686	3,923	3,998	4,238	7,545	0	0	0
Net proceeds of short-term debt
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds of short-term debt
0	-	-	-	0	-	-	-	-	-2,885	-27,000	41,217	-309	-10,186	19,960	-10,067	-5,021	-1,677	21,033	-4,056	5,149	-18,342	-102,789	-71,725	-69,923	-43,643	12,136	52,395	-14,578	-27,388	-5,328	-59,192	20,420	18,103	33,506	67,507	27,582	62,237	0	0	0
Proceeds from long-term debt
2,117,695	1,434,506	2,239,016	2,249,831	1,382,867	1,331,868	552,643	586,281	540,141	591,024	710,592	557,069	525,151	503,586	481,392	491,384	604,229	560,544	410,081	440,082	297,136	317,699	296,571	207,839	302,016	263,834	309,264	304,102	307,007	300,109	0	0	0	-	-	-	-	272,754	0	0	0
Repayments of long-term debt
1,018,004	1,048,471	1,651,505	1,698,766	934,203	914,125	217,369	254,570	291,300	359,068	484,998	405,936	382,412	373,087	377,915	354,233	450,948	400,407	328,648	341,106	251,118	253,192	170,423	144,319	254,206	300,323	351,233	384,011	251,962	202,203	158,860	117,856	122,633	96,072	109,895	133,175	113,540	160,750	0	0	0
Change in cash overdraft position
-5,094	1,993	-7,899	6,727	-7,590	-12,678	2,283	15,566	2,471	9,012	2,578	-5,354	6,771	-8,076	1,593	-30	3,442	-739	1,643	2,759	0	-322	4,870	-7,926	0	9,872	-8,702	8,116	-5,259	-10,929	4,517	-6,086	4,744	14,503	-925	2,547	-5,406	-6,976	0	0	0
Issuance of common stock under dividend reinvestment plan
0	-	0	0	0	-	0	0	1,454	-	1,443	1,433	1,416	1,388	1,362	1,347	1,009	677	0	0	0	-	-	-	-	10,290	13,936	13,577	13,417	13,190	12,938	12,648	12,606	12,607	12,643	12,730	12,656	12,530	0	0	0
Issuance of common stock from private placement
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercised stock options
1,673	1,898	1,992	1,986	1,624	1,459	1,472	1,565	2,347	2,873	3,027	3,018	2,980	4,260	6,858	7,657	7,504	7,540	6,944	6,056	7,391	7,296	5,627	9,728	20,554	25,698	26,806	27,387	20,494	14,598	13,501	8,909	3,701	6,603	7,624	9,834	9,497	5,678	0	0	0
Share-based compensation windfall tax benefits
-	-	-	-	-	-	-	-	-	-	-	-	-	1,332	1,636	1,720	1,591	1,842	1,656	1,525	1,688	1,422	3,655	3,637	3,384	2,420	0	0	0	-	0	0	0	-	-	-	574	386	0	0	0
Repurchase of common stock
4,349	1,867	1,930	1,923	1,921	2,555	2,543	2,565	2,605	2,167	2,239	2,262	2,254	3,028	7,884	20,149	24,320	25,247	22,051	21,364	17,537	15,756	13,981	3,462	13,178	12,823	12,815	12,042	2,399	1,464	1,626	1,297	1,112	1,163	1,027	1,241	1,160	770	0	0	0
Dividends paid on common stock
201,703	188,512	175,791	164,197	153,364	150,736	148,140	145,542	143,101	140,660	138,215	135,772	133,355	130,923	128,400	125,923	123,585	121,248	118,995	116,715	114,409	112,106	109,814	107,484	105,200	102,889	100,519	96,743	95,070	93,423	91,799	90,192	88,660	87,133	85,589	84,042	82,477	80,907	0	0	0
Other
-1,170	-1,177	-1,272	-542	-536	-720	-816	-850	-842	-851	-849	-1,188	-1,184	-1,186	-1,182	-801	-798	-853	-868	-885	-875	-793	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash flows from (used in) financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	15,801	-	-27,274	-32,379	-71,294	-72,058	-85,423	-109,132	-108,369	-146,753	-111,184	-87,816	-29,122	-6,647	-18,585	-53,228	-88,542	-80,167	0	0	0	-	-	-	-
Financing cash flows used in discontinued operations, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-149	-120	4	15	34	201	125	150	232	170	798	782	494	0	0	0	-	-	-	-
Net cash flows from financing activities
3,708,686	2,131,375	2,315,727	2,324,530	309,541	270,716	191,614	135,058	101,605	99,507	0	0	0	-	-	-	-	-	-	-	-	-72,207	-85,543	-109,128	-108,354	-146,719	-110,983	-87,691	-28,972	-6,415	-18,415	-52,430	-87,760	-79,673	41,428	69,757	90,229	104,425	0	0	0
Net change in cash and cash equivalents
27,795	1,865,295	2,026,304	1,921,128	851	-577	125	45,137	-1,223	441	427	2,888	444	534	-359	308	-5,293	-909	-772	757	-8,234	-920	-1,550	-414	-1,845	-463	271	-775	14,150	-2,683	-1,866	-1,870	-2,056	2,270	-5,566	-6,195	-7,527	-15,935	0	0	0
Non-cash investing activities:
Property, plant and equipment additions purchased at the period end, but not yet paid for
73,915	60,628	64,099	84,084	84,250	65,285	52,485	38,625	41,930	45,385	46,742	47,052	43,177	35,145	24,436	18,924	24,506	25,612	26,841	38,245	32,658	31,050	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash customer advances and contributions in aid of construction
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-