CONDENSED FINANCIAL INFORMATION OF PARENT COMPANY

12 Months Ended

Sep. 30, 2011

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Condensed Financial Information of Parent Company Only Disclosure [Text Block]

NEW JERSEY RESOURCES CORPORATION (Parent Company)

CONDENSED FINANCIAL STATEMENTS

YEARS ENDED SEPTEMBER 30, 2011, 2010 and 2009

STATEMENTS OF INCOME

(Thousands)
Fiscal years ended September 30,	2011			2010			2009
Operating revenues	$	—		$	—		$	—
Operating expenses	10,138			9,213			9,159
Operating loss	10,138			9,213			9,159
Other income	10,580			9,960			9,980
Interest expense	442			748			276
(Loss) income before income taxes and equity in earnings of affiliates	—			(1		)	545
Income tax (benefit) provision	(11		)	57			230
Equity in earnings of subsidiaries	101,288			117,515			26,927
Net income	$	101,299		$	117,457		$	27,242

STATEMENTS OF CASH FLOWS

(Thousands)
Fiscal years ended September 30,	2011			2010			2009
Net cash provided by operating activities	$	60,937		$	40,370		$	52,971
Net cash (used in) investing activities	$	(54,568	)	$	(41,397	)	$	(80,269	)
Cash flows (used in) from financing activities:
Payments of long-term debt	$	(77	)	$	—		$	(25,000	)
Tax benefit from stock options exercised	2,007			669			1,686
Proceeds from common stock	13,704			6,487			16,441
Net proceeds from associated companies	54,538			79,361			5,187
Purchases of treasury stock	(10,193		)	(29,650		)	(30,670		)
Payments of common stock dividends	(58,650		)	(53,137		)	(50,967		)
Net (payments) proceeds of short-term debt	(7,750		)	(2,800		)	110,700
Cash flows (used in) from financing activities	$	(6,421	)	$	930		$	27,377
Change in cash and cash equivalents	$	(52	)	$	(97	)	$	79
Cash and cash equivalents, beginning of year	57			154			75
Cash and cash equivalents, end of year	$	5		$	57		$	154

SCHEDULE I

NEW JERSEY RESOURCES CORPORATION (Parent Company)

BALANCE SHEETS

(Thousands)
September 30,	2011		2010
ASSETS
Current assets	$	3,018	$	14,879
Investments	814,732		770,980
Intercompany receivable, net	139,193		124,807
Deferred charges and other assets	1,320		1,781
Total assets	$	958,263	$	912,447
CAPITALIZATION AND LIABILITIES
Current liabilities	$	131,117	$	134,662
Long-term debt	50,000		50,000
Deferred credits and other liabilities	889		2,302
Common stock equity	776,257		725,483
Total capitalization and liabilities	$	958,263	$	912,447

NOTE TO CONDENSED FINANCIAL STATEMENTS

1. BASIS OF PRESENTATION

Pursuant to rules and regulations of the Securities and Exchange Commission (SEC), the unconsolidated condensed financial statements of New Jersey Resources Corporation (NJR) do not reflect all of the information and notes normally included with financial statements prepared in accordance with accounting principles generally accepted in the United States of America. Therefore, these condensed financial statements should be read in conjunction with the consolidated financial statements and related notes included in this Form 10-K.

NJR has accounted for the earnings of its subsidiaries under the equity method in these unconsolidated condensed financial statements. Cash dividends paid to NJR from its subsidiaries were $58.7 million, $53.1 million and $51 million during fiscal 2011, 2010 and 2009, respectively.