XML 84 R3.htm IDEA: XBRL DOCUMENT v2.4.0.6
Madison Gas and Electric Company Consolidated Statements of Income (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Operating Revenues:      
Regulated electric revenues $ 375,858 $ 360,729 $ 332,324
Regulated gas revenues 165,271 165,915 192,334
Nonregulated revenues 5,253 5,947 9,161
Total Operating Revenues 546,382 532,591 533,819
Operating Expenses:      
Fuel for electric generation 50,819 41,947 36,879
Purchased power 64,085 71,239 85,098
Cost of gas sold 99,465 103,784 123,062
Other operations and maintenance 165,859 164,001 145,177
Depreciation and amortization 40,942 37,960 41,080
Other general taxes 17,344 17,058 17,858
Total Operating Expenses 438,514 435,989 449,154
Operating Income 107,868 96,602 84,665
Other Income and Deductions:      
Equity earnings in ATC 8,615 8,501 8,173
Total Other Income and Deductions 9,214 11,093 8,096
Interest Expense:      
Net Interest Expense 20,162 16,157 13,594
Net Income 60,928 57,718 50,997
MGE [Member]
     
Operating Revenues:      
Regulated electric revenues 375,858 360,729 332,324
Regulated gas revenues 165,271 165,915 192,334
Nonregulated revenues 5,253 5,947 9,161
Total Operating Revenues 546,382 532,591 533,819
Operating Expenses:      
Fuel for electric generation 50,819 41,947 36,879
Purchased power 64,085 71,239 85,098
Cost of gas sold 99,465 103,784 123,062
Other operations and maintenance 164,903 163,168 144,429
Depreciation and amortization 40,942 37,960 41,080
Other general taxes 17,344 17,058 17,858
Income tax provision 32,287 29,556 23,973
Total Operating Expenses 469,845 464,712 472,379
Operating Income 76,537 67,879 61,440
Other Income and Deductions:      
AFUDC - equity funds 413 301 473
Equity earnings in ATC 8,615 8,501 8,173
Income tax provision (3,752) (4,749) (3,338)
Other income, net (321) 2,715 (615)
Total Other Income and Deductions 4,955 6,768 4,693
Income before interest expense 81,492 74,647 66,133
Interest Expense:      
Interest on long-term debt 20,634 18,800 16,417
Other interest, net (226) (2,500) 158
AFUDC - borrowed funds (168) (118) (194)
Net Interest Expense 20,240 16,182 16,381
Net Income Including Noncontrolling Interest 61,252 58,465 49,752
Less Net Income Attributable to Noncontrolling Interest, net of tax (23,970) (20,740) (13,883)
Net Income $ 37,282 $ 37,725 $ 35,869