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Madison Gas and Electric Company Consolidated Statements of Income (Unaudited) (MGE [Member], USD $)
In Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
MGE [Member]
       
Operating Revenues:        
Regulated electric revenues $ 90,834 $ 87,438 $ 176,841 $ 169,432
Regulated gas revenues 25,062 20,290 102,499 96,837
Nonregulated revenues 1,363 1,354 2,524 2,456
Total Operating Revenues 117,259 109,082 281,864 268,725
Operating Expenses:        
Fuel for electric generation 11,599 10,242 22,648 19,143
Purchased power 14,392 16,467 31,973 37,934
Cost of gas sold 13,052 9,792 63,999 62,476
Other operations and maintenance 40,369 38,464 79,604 79,375
Depreciation and amortization 10,357 9,481 20,373 18,703
Other general taxes 4,005 4,285 8,706 8,849
Income tax provision 6,666 5,765 16,557 12,103
Total Operating Expenses 100,440 94,496 243,860 238,583
Operating Income 16,819 14,586 38,004 30,142
Other Income and Deductions:        
AFUDC-equity funds 116 67 203 125
Equity in earnings in ATC 2,170 2,096 4,267 4,282
Income tax provision (950) (823) (1,756) (2,777)
Other income, net (274) (209) (161) 2,255
Total Other Income and Deductions 1,062 1,131 2,553 3,885
Income before interest expense 17,881 15,717 40,557 34,027
Interest Expense:        
Interest on long-term debt 5,223 4,761 10,214 9,273
Other interest, net (105) (743) (252) (1,145)
AFUDC - borrowed funds (48) (26) (83) (49)
Net Interest Expense 5,070 3,992 9,879 8,079
Net Income Including Noncontrolling Interest 12,811 11,725 30,678 25,948
Less net income attributable to noncontrolling interest, net of tax (5,992) (4,900) (11,925) (9,996)
Net Income $ 6,819 $ 6,825 $ 18,753 $ 15,952