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MGE Energy Inc Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Operating Activities:    
Net Income $ 39,554,000 $ 38,352,000
Items not affecting cash:    
Depreciation and amortization 35,230,000 27,495,000
Deferred income taxes 2,306,000 (664,000)
Provision for doubtful receivables 732,000 354,000
Employee benefit plan credit (1,920,000) (1,076,000)
Equity earnings in ATC (4,515,000) (4,441,000)
Other items (717,000) 160,000
Changes in working capital items:    
Decrease in current assets 15,349,000 29,120,000
Decrease in current liabilities (951,000) (1,333,000)
Dividends from ATC 3,745,000 3,905,000
Cash contributions to pension and other postretirement plans (2,319,000) (2,640,000)
Other noncurrent items, net (610,000) 2,386,000
Cash Provided by Operating Activities 85,884,000 91,618,000
Investing Activities:    
Capital expenditures (79,092,000) (100,389,000)
Capital contributions to investments (3,386,000) (3,280,000)
Other (156,000) 598,000
Cash Used for Investing Activities (82,634,000) (103,071,000)
Financing Activities:    
Cash dividends paid on common stock (23,401,000) (22,361,000)
Repayment of long-term debt (2,263,000) (2,213,000)
Proceeds from short-term debt 10,500,000 24,200,000
Other (1,193,000) 0
Cash (Used for) Provided by Financing Activities (16,357,000) (374,000)
Change in cash, cash equivalents, and restricted cash (13,107,000) (11,827,000)
Cash, cash equivalents, and restricted cash at beginning of period 84,929,000 112,094,000
Cash, cash equivalents, and restricted cash at end of period $ 71,822,000 $ 100,267,000