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Consolidated Balance Sheets - USD ($)
Mar. 31, 2016
Jun. 30, 2015
Current Assets    
Cash and cash equivalents $ 18,408,091 $ 16,924,278
Accounts receivable, less accumulated allowances for doubtful accounts of $324,000 and $258,000, respectively 9,060,367 5,760,550
Natural gas in storage, at average cost 467,913 4,634,162
Deferred natural gas costs 366,937 0
Materials and supplies, at average cost 520,771 543,563
Prepayments 2,205,174 3,347,187
Total current assets 31,029,253 31,209,740
Property, Plant and Equipment 240,785,838 236,780,490
Less - Accumulated provision for depreciation (102,963,115) (98,741,351)
Net property, plant and equipment 137,822,723 138,039,139
Other Assets    
Cash surrender value of life insurance 405,578 421,183
Prepaid pension 2,036,985 2,145,969
Regulatory assets 15,189,801 14,917,823
Unamortized debt expense 78,804 83,704
Other non-current assets 1,010,615 977,312
Total other assets 18,721,783 18,545,991
Total assets 187,573,759 187,794,870
Current Liabilities    
Accounts payable 3,654,106 5,426,395
Current portion of long-term debt 1,500,000 1,500,000
Accrued taxes 1,472,654 1,472,401
Customers' deposits 724,898 600,788
Accrued interest on debt 124,325 112,296
Accrued vacation 726,586 749,031
Deferred income taxes 262,954 140,929
Regulatory liability - refundable natural gas cost 0 756
Other current liabilities 592,626 610,238
Total current liabilities 9,058,149 10,612,834
Long-Term Debt 50,500,000 52,000,000
Long-Term Liabilities    
Deferred income taxes 43,096,888 41,989,138
Regulatory liabilities 1,145,524 1,137,758
Asset retirement obligations 3,997,219 3,795,590
Other long-term liabilities 1,057,680 1,037,896
Total long-term liabilities 49,297,311 47,960,382
Total liabilities 108,855,460 110,573,216
Shareholders' Equity    
Common shares ($1.00 par value), 20,000,000 shares authorized; 7,082,184 and 7,026,500 shares outstanding at March 31, 2016 and June 30, 2015, respectively 7,082,184 7,026,500
Premium on common shares 49,278,850 48,735,608
Retained earnings 22,357,265 21,459,546
Total shareholders' equity 78,718,299 77,221,654
Total liabilities and shareholders' equity $ 187,573,759 $ 187,794,870