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BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Property, Plant and Equipment:    
Utility Plant, at original cost $ 1,515,274 $ 1,384,797
Accumulated Depreciation (357,245) (337,993)
Property, Plant and Equipment - Net 1,158,029 1,046,804
Investments:    
Available-for-Sale Securities 6,655 6,700
Restricted Investments 2,198 4,301
Total Investments 8,853 11,001
Current Assets:    
Cash and Cash Equivalents 3,504 2,030
Accounts Receivable 24,800 37,619
Accounts Receivable - Related Parties 1,122 4,885
Unbilled Revenues 31,978 58,197
Provision for Uncollectibles (3,060) (4,577)
Natural Gas in Storage, average cost 27,251 20,109
Materials and Supplies, average cost 1,654 2,511
Deferred Income Taxes - Net 6,301 0
Prepaid Taxes 17,296 15,907
Derivatives - Energy Related Assets 2,263 5,864
Other Prepayments and Current Assets 3,773 2,353
Total Current Assets 116,882 144,898
Regulatory and Other Noncurrent Assets:    
Regulatory Assets 315,221 248,413
Unamortized Debt Issuance Costs 6,198 6,718
Long-Term Receivables 8,345 7,285
Derivatives - Energy Related Assets 0 1,005
Other 2,195 2,511
Total Regulatory and Other Noncurrent Assets 331,959 265,932
Total Assets 1,615,723 1,468,635
Common Equity:    
Common Stock, Par Value $2.50 per share: Authorized - 4,000,000 shares Outstanding - 2,339,139 shares 5,848 5,848
Other Paid-In Capital and Premium on Common Stock 200,926 200,841
Accumulated Other Comprehensive Loss (12,129) (9,120)
Retained Earnings 269,541 229,316
Total Common Equity 464,186 426,885
Long-Term Debt 362,813 340,000
Total Capitalization 826,999 766,885
Current Liabilities:    
Notes Payable 126,600 58,900
Current Portion of Long-Term Debt 2,187 50,000
Accounts Payable - Commodity 17,867 26,915
Accounts Payable - Other 28,280 19,628
Accounts Payable - Related Parties 6,571 10,830
Derivatives - Energy Related Liabilities 11,385 11,406
Deferred Income Taxes - Net 0 4,982
Customer Deposits and Credit Balances 24,387 10,525
Environmental Remediation Costs 23,009 25,662
Taxes Accrued 1,774 1,915
Pension Benefits 1,240 1,182
Interest Accrued 6,240 7,011
Other Current Liabilities 6,016 5,156
Total Current Liabilities 255,556 234,112
Regulatory and Other Noncurrent Liabilities:    
Regulatory Liabilities 48,311 69,248
Deferred Income Taxes - Net 285,159 239,648
Environmental Remediation Costs 66,975 61,731
Asset Retirement Obligations 29,388 27,925
Pension and Other Postretirement Benefits 90,055 59,754
Investment Tax Credits 905 1,207
Derivatives - Energy Related Liabilities 1,122 430
Derivatives - Other 8,146 3,150
Other 3,107 4,545
Total Regulatory and Other Noncurrent Liabilities 533,168 467,638
Total Capitalization and Liabilities $ 1,615,723 $ 1,468,635