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Consolidated Condensed Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Current Assets    
Cash and cash equivalents $ 20,303 $ 9,704
Accounts receivable    
Allowance for doubtful accounts (5,446) (6,549)
Accounts receivable, net of allowance for doubtful accounts of $5,446 at March 31, 2013, and $6,549 at December 31, 2012 241,507 277,900
Inventories    
Storage gas inventory 9,264 32,205
Materials and supplies 25,283 28,291
Liquified natural gas in storage 3,109 3,498
Regulatory asset 24,135 45,515
Income tax receivable 1,883 6,664
Deferred income taxes 27,278 8,520
Prepayments and other 12,084 12,823
Total current assets 364,846 425,120
Property, Plant and Equipment    
Oil and gas properties, successful efforts method 6,712,635 6,439,127
Less accumulated depreciation, depletion and amortization 1,858,960 1,765,241
Oil and gas properties, net 4,853,675 4,673,886
Utility plant 1,435,924 1,416,590
Less accumulated depreciation 583,625 573,947
Utility plant, net 852,299 842,643
Other property, net 25,218 25,107
Total property, plant and equipment, net 5,731,192 5,541,636
Other Assets    
Regulatory asset 109,002 110,566
Pension and other postretirement assets 1,732 1,404
Long-term derivative instruments 26,199 40,577
Deferred charges and other 60,207 56,587
Total other assets 197,140 209,134
TOTAL ASSETS 6,293,178 6,175,890
Current Liabilities    
Long-term debt due within one year 75,000 50,000
Notes payable to banks 712,000 643,000
Accounts payable 285,920 257,579
Accrued taxes 38,666 30,076
Customers' deposits 25,231 24,705
Amounts due customers 10,580 19,718
Accrued wages and benefits 17,587 24,984
Regulatory liability 41,886 45,116
Royalty payable 38,771 34,426
Other 27,344 30,178
Total current liabilities 1,272,985 1,159,782
Long-term debt 1,078,529 1,103,528
Deferred Credits and Other Liabilities    
Asset retirement obligation 120,599 118,023
Pension and other postretirement liabilities 106,515 110,282
Regulatory liability 68,812 80,404
Long-term derivative instruments 9,705 11,305
Deferred income taxes 931,628 905,601
Other 12,981 10,275
Total deferred credits and other liabilities 1,250,240 1,235,890
Commitments and Contingencies      
Shareholders’ Equity    
Preferred stock, cumulative $0.01 par value 0 0
Common shareholders’ equity    
Common stock, $0.01 par value 751 751
Premium on capital stock 493,928 492,108
Capital surplus 2,802 2,802
Retained earnings 2,360,274 2,314,055
Accumulated other comprehensive income (loss), net of tax    
Unrealized gain on hedges, net 8,834 46,352
Pension and postretirement plans (50,699) (52,507)
Interest rate swap (1,910) (2,156)
Deferred compensation plan 3,416 2,774
Treasury stock, at cost: 2,969,784 shares at March 31, 2013, and 2,998,620 shares at December 31, 2012 (125,972) (127,489)
Total shareholders' equity 2,691,424 2,676,690
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 6,293,178 6,175,890
Alabama Gas Corporation
   
Current Assets    
Cash and cash equivalents 17,260 5,559
Accounts receivable    
Gas 99,657 94,011
Other 5,698 5,117
Affiliated companies 4,620 5,742
Allowance for doubtful accounts (4,600) (5,700)
Inventories    
Storage gas inventory 9,264 32,205
Materials and supplies 5,541 5,528
Liquified natural gas in storage 3,109 3,498
Regulatory asset 24,135 45,515
Income tax receivable 0 2,762
Deferred income taxes 18,669 18,799
Prepayments and other 3,674 4,451
Total current assets 187,027 217,487
Property, Plant and Equipment    
Utility plant 1,435,924 1,416,590
Less accumulated depreciation 583,625 573,947
Utility plant, net 852,299 842,643
Other property, net 41 42
Other Assets    
Regulatory asset 109,002 110,566
Pension and other postretirement assets 1,103 848
Deferred charges and other 11,098 11,290
Total other assets 121,203 122,704
TOTAL ASSETS 1,160,570 1,182,876
Current Liabilities    
Notes payable to banks 30,000 77,000
Accounts payable 38,264 51,741
Accrued taxes 47,068 24,186
Customers' deposits 25,231 24,705
Amounts due customers 10,580 19,718
Accrued wages and benefits 6,184 6,703
Regulatory liability 41,886 45,116
Other 9,535 9,018
Total current liabilities 208,748 258,187
Long-term debt 250,018 250,028
Deferred Credits and Other Liabilities    
Pension and other postretirement liabilities 39,914 43,611
Regulatory liability 68,812 80,404
Deferred income taxes 192,271 189,381
Other 1,520 762
Total deferred credits and other liabilities 302,517 314,158
Commitments and Contingencies      
Shareholders’ Equity    
Preferred stock, cumulative $0.01 par value 0 0
Common shareholders’ equity    
Common stock, $0.01 par value 20 20
Premium on capital stock 31,682 31,682
Capital surplus 2,802 2,802
Retained earnings 364,783 325,999
Accumulated other comprehensive income (loss), net of tax    
Total shareholders' equity 399,287 360,503
Total capitalization 649,305 610,531
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 1,160,570 $ 1,182,876