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Consolidated Balance Sheets - USD ($)
Sep. 30, 2024
Sep. 30, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 894,185 $ 1,512,431
Accounts receivable, net 4,483,739 4,194,934
Inventories 1,799,631 1,674,462
Gas in storage 8,491,490 11,185,601
Prepaid income taxes 2,362,069 3,227,544
Regulatory assets 5,103,910 2,854,276
Interest rate swaps 871,026 1,533,057
Other 1,066,251 612,957
Total current assets 25,072,301 26,795,262
UTILITY PROPERTY:    
In service 345,864,008 318,369,891
Accumulated depreciation and amortization (92,462,376) (85,752,798)
In service, net 253,401,632 232,617,093
Construction work in progress 8,639,822 14,966,458
Utility property, net 262,041,454 247,583,551
OTHER NON-CURRENT ASSETS:    
Regulatory assets 4,445,044 5,389,445
Investment in unconsolidated affiliates 21,057,222 17,187,093
Benefit plan assets 5,416,536 1,901,902
Deferred Income Tax Assets, Net 771,746 1,163,594
Interest rate swaps 1,191,526 3,084,398
Other 703,394 624,095
Total other non-current assets 33,585,468 29,350,527
TOTAL ASSETS 320,699,223 303,729,340
Liabilities, Current [Abstract]    
Current maturities of long-term debt 800,000 10,975,000
Line-of-credit 11,166,181 4,353,572
Dividends payable 2,050,286 1,978,400
Accounts payable 5,429,703 5,838,643
Customer credit balances 1,915,859 1,972,132
Customer deposits 1,488,113 1,476,321
Accrued expenses 4,988,281 4,661,722
Regulatory liabilities 834,278 1,632,716
Other 25,729 30,281
Total current liabilities 28,698,430 32,918,787
LONG-TERM DEBT:    
Notes payable 136,955,000 126,100,000
Unamortized debt issuance costs (282,092) (255,272)
Long-term debt, net 136,672,908 125,844,728
DEFERRED CREDITS AND OTHER NON-CURRENT LIABILITIES:    
Asset retirement obligations 11,142,095 10,792,831
Regulatory cost of retirement obligations 14,409,847 13,029,376
Benefit plan liabilities 113,600 47,674
Deferred Income Tax Liabilities, Net 1,890,562 2,008,458
Regulatory liabilities 19,326,567 18,031,693
Other 308,439 323,168
Total deferred credits and other non-current liabilities 47,191,110 44,233,200
COMMITMENTS AND CONTINGENCIES (Note 14)
STOCKHOLDERS' EQUITY:    
Common stock, $5 par value; authorized 20,000,000 shares; issued and outstanding 10,249,899 and 10,015,254 shares in 2024 and 2023, respectively 51,249,495 50,076,270
Preferred stock, no par; authorized 5,000,000 shares; no shares issued and outstanding in 2024 and 2023 0 0
Capital in excess of par value 47,988,270 44,430,786
Retained earnings 7,572,439 3,972,280
Accumulated other comprehensive income 1,326,571 2,253,289
Total stockholders’ equity 108,136,775 100,732,625
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 320,699,223 $ 303,729,340