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Consolidated Balance Sheets (USD $)
Sep. 30, 2012
Jun. 30, 2012
Current Assets    
Cash and cash equivalents $ 4,246,776 $ 9,740,502
Accounts receivable, less accumulated allowances for doubtful accounts of $126,000 and $157,000, respectively 8,860,694 8,028,937
Gas in storage, at average cost 8,553,442 6,932,807
Deferred gas costs 3,700,772 3,386,292
Materials and supplies, at average cost 563,294 557,118
Prepayments 2,761,948 2,393,674
Total current assets 28,686,926 31,039,330
Property, Plant and Equipment 218,700,655 217,172,542
Less - Accumulated provision for depreciation (84,215,572) (82,835,542)
Net property, plant and equipment 134,485,083 134,337,000
Other Assets    
Cash surrender value of life insurance 316,043 307,125
Regulatory assets 16,868,676 16,517,812
Unamortized debt expense 102,304 104,104
Other non-current assets 617,563 589,992
Total other assets 17,904,586 17,519,033
Total assets 181,076,595 182,895,363
Current Liabilities    
Accounts payable 4,317,510 4,325,653
Current portion of long-term debt 1,500,000 1,500,000
Accrued taxes 4,595,753 4,154,064
Customers' deposits 821,064 853,061
Accrued interest on debt 1,068,933 1,026,387
Accrued vacation 720,157 736,856
Deferred income taxes 1,201,319 1,130,581
Other current liabilities 397,080 436,281
Total current liabilities 14,621,816 14,162,883
Long-Term Debt 56,500,000 56,500,000
Long-Term Liabilities    
Deferred income taxes 38,323,040 37,732,457
Investment tax credits 57,175 62,700
Regulatory liabilities 1,321,363 1,380,838
Accrued pension 252,362 2,307,260
Asset retirement obligations 3,888,704 3,823,724
Other long-term liabilities 745,534 705,094
Total long-term liabilities 44,588,178 46,012,073
Total liabilities 115,709,994 116,674,956
Shareholders' Equity    
Common shares ($1.00 par value), 20,000,000 shares authorized; 6,843,122 and 6,803,941 shares outstanding at September 30, 2012 and June 30, 2012, respectively 6,843,122 6,803,941
Premium on common shares 44,549,990 44,048,201
Retained earnings 13,973,489 15,368,265
Total shareholders' equity 65,366,601 66,220,407
Total liabilities and shareholders' equity $ 181,076,595 $ 182,895,363