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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash Flows From Operating Activities:      
Net Income $ 119,268 $ 124,921 $ 78,396
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 44,226 43,254 41,697
Provision for doubtful accounts 1,653 932 1,043
Deferred income taxes and investment tax credits 2,042 4,783 2,803
Stock-based compensation expense 3,744 3,298 2,571
(Gain) loss on investments held in a trust (5,293) (5,008) 5,177
Other — net 187 289 38
Changes in assets and liabilities:      
Accounts receivable — customers (5,110) (6,632) 5,424
Unbilled receivable (3,468) (1,283) 9,699
Other accounts receivable (369) (2,241) 2,115
Unbilled receivable 15,003 (6,033) (5,638)
Materials and supplies 2,434 (2,951) (2,460)
Prepayments and other assets 32 1,581 3,146
Contract assets (7,270) 604 (5,395)
Regulatory assets/liabilities 18,487 (81,373) (18,915)
Accounts payable 5,152 (10,862) 11,767
Income taxes receivable/payable (24) 2,493 (6,479)
Contract liabilities 4,310 449 646
Accrued pension and other post-retirement benefits (208) 1,046 (3,087)
Other liabilities 3,936 416 (4,749)
Net cash provided (used) 198,732 67,683 117,799
Cash Flows From Investing Activities:      
Capital expenditures (231,960) (188,540) (166,240)
Other investing activities (820) (224) (862)
Net cash provided (used) (232,780) (188,764) (167,102)
Cash Flows From Financing Activities:      
Proceeds from issuance of Common Shares to AWR (parent) 88,814 0 0
Receipt of advances for and contributions in aid of construction 11,195 11,889 6,901
Refunds on advances for construction (4,919) (4,540) (5,321)
Repayments of long-term debt (370) (334) (377)
Proceeds from the issuance of long-term debt, net of issuance costs 64,569 129,665 34,789
Net changes in notes payable to banks (44,500) 54,590 72,000
Dividends paid (67,017) (61,195) (56,356)
Other (1,136) (918) (1,299)
Net cash provided (used) 46,636 129,157 50,337
Net change in cash and cash equivalents 12,588 8,076 1,034
Cash and cash equivalents, beginning of year 14,073 5,997 4,963
Cash and cash equivalents, end of year 26,661 14,073 5,997
GSWC      
Cash Flows From Operating Activities:      
Net Income 94,463 102,708 53,770
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 37,738 36,623 35,072
Provision for doubtful accounts 1,310 754 1,018
Deferred income taxes and investment tax credits 2,748 2,949 855
Stock-based compensation expense 3,279 2,994 2,269
(Gain) loss on investments held in a trust (5,293) (5,008) 5,177
Other — net 240 106 9
Changes in assets and liabilities:      
Accounts receivable — customers (5,004) (6,321) 6,263
Unbilled receivable (2,232) (2,179) 5,519
Other accounts receivable 877 (1,484) 931
Materials and supplies (163) (1,260) (736)
Prepayments and other assets 595 1,838 2,125
Regulatory assets/liabilities 24,386 (74,378) (12,704)
Accounts payable 4,617 (5,420) 7,671
Income taxes receivable/payable (3,031) 1,470 (4,664)
Intercompany receivable/payable 260 248 (805)
Accrued pension and other post-retirement benefits (315) 979 (3,228)
Other liabilities 4,134 (278) (4,034)
Net cash provided (used) 158,609 54,341 94,508
Cash Flows From Investing Activities:      
Capital expenditures (197,355) (160,939) (146,730)
Other investing activities (1,423) (1,215) (1,001)
Net cash provided (used) (198,778) (162,154) (147,731)
Cash Flows From Financing Activities:      
Proceeds from issuance of Common Shares to AWR (parent) 40,000 10,000 0
Receipt of advances for and contributions in aid of construction 11,195 11,889 6,901
Refunds on advances for construction (4,919) (4,540) (5,321)
Repayments of long-term debt (370) (334) (377)
Proceeds from the issuance of long-term debt, net of issuance costs 64,569 129,665 0
Net changes in notes payable to banks (26,000) 149,198 0
Net changes in intercompany borrowings 0 (129,000) 80,000
Dividends paid (35,100) (55,400) (27,000)
Other (1,063) (840) (1,135)
Net cash provided (used) 48,312 110,638 53,068
Net change in cash and cash equivalents 8,143 2,825 (155)
Cash and cash equivalents, beginning of year 3,195 370 525
Cash and cash equivalents, end of year $ 11,338 $ 3,195 $ 370