BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Assets
Utility Plant, at cost	$ 2,082,927	$ 2,006,468
Less — accumulated depreciation	(624,472)	(606,231)
Construction work in progress	237,131	181,648
Net utility plant	1,892,280	1,753,766
Other Property and Investments	42,932	36,907
Total other property and investments	44,048	38,023
Current Assets
Cash and cash equivalents	14,073	5,997
Accounts receivable — customers, less allowance for doubtful accounts	34,250	26,206
Unbilled receivable	23,516	20,663
Other accounts receivable, less allowance for doubtful accounts	6,340	4,215
Income taxes receivable	52	3,901
Materials and supplies	17,574	14,623
Regulatory assets — current	45,144	14,028
Prepayments and other current assets	5,767	5,450
Total current assets	205,978	151,294
Other Assets
Operating lease right-of-use assets	7,982	9,535
Regulatory assets	25,585	5,694
Other	18,758	13,532
Total other assets	103,816	91,291
Total Assets	2,246,122	2,034,374
Capitalization
Common shareholder’s equity	776,109	709,549
Long-term debt	575,555	446,547
Total capitalization	1,351,664	1,156,096
Current Liabilities
Long-term debt — current	353	399
Accounts payable	68,705	84,849
Income taxes payable	492	1,848
Accrued other taxes	14,654	16,257
Accrued employee expenses	14,738	13,996
Accrued interest	8,607	5,308
Operating lease liabilities	1,856	1,892
Other	11,506	10,996
Total current liabilities	166,623	396,522
Other Credits
Note payable to bank, noncurrent	291,500	22,000
Advances for construction	67,431	64,351
Contributions in aid of construction — net	151,414	147,918
Deferred income taxes	161,577	149,677
Regulatory liabilities	1,222	40,602
Unamortized investment tax credits	1,011	1,082
Accrued pension and other post-retirement benefits	32,652	33,636
Operating lease liabilities	6,619	8,090
Other	14,409	14,400
Total other credits	727,835	481,756
Total liabilities and capitalization	2,246,122	2,034,374
GSWC
Assets
Utility Plant, at cost	2,082,927	2,006,468
Less — accumulated depreciation	(543,135)	(530,925)
Total	1,539,792	1,475,543
Construction work in progress	195,742	141,175
Net utility plant	1,735,534	1,616,718
Other Property and Investments	40,480	34,655
Total other property and investments	40,480	34,655
Current Assets
Cash and cash equivalents	3,195	370
Accounts receivable — customers, less allowance for doubtful accounts	31,018	23,107
Unbilled receivable	17,185	15,006
Other accounts receivable, less allowance for doubtful accounts	4,301	2,721
Intercompany receivables	380	621
Income taxes receivable	222	1,692
Materials and supplies	7,380	6,120
Regulatory assets — current	44,007	14,028
Prepayments and other current assets	4,544	4,464
Total current assets	112,232	68,129
Other Assets
Operating lease right-of-use assets	7,796	9,208
Regulatory assets	2,944	0
Other	17,169	12,598
Total other assets	27,909	21,806
Total Assets	1,916,155	1,741,308
Capitalization
Common shareholder’s equity	703,828	643,906
Long-term debt	540,738	411,748
Total capitalization	1,244,566	1,055,654
Current Liabilities
Long-term debt — current	353	399
Accounts payable	55,488	65,944
Accrued other taxes	12,658	14,501
Accrued employee expenses	11,502	11,233
Accrued interest	7,508	4,364
Operating lease liabilities	1,725	1,788
Other	10,715	10,152
Total current liabilities	99,949	108,381
Other Credits
Intercompany note payable	0	129,000
Note payable to bank, noncurrent	150,000	0
Advances for construction	67,411	64,331
Contributions in aid of construction — net	151,414	147,918
Deferred income taxes	147,458	138,788
Regulatory liabilities	1,222	40,602
Unamortized investment tax credits	1,011	1,082
Accrued pension and other post-retirement benefits	32,309	33,421
Operating lease liabilities	6,568	7,878
Other	14,247	14,253
Total other credits	571,640	577,273
Total liabilities and capitalization	$ 1,916,155	$ 1,741,308