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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Sep. 30, 2024
Sep. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 11,760,896 $ 11,299,282
Adjustments to reconcile net income to net cash provided by operations:    
Depreciation and amortization 10,518,094 9,993,206
Cost of retirement of utility property (576,771) (824,637)
Stock-based compensation 711,924 21,560
Equity in earnings of unconsolidated affiliate (3,851,871) (2,084,990)
Donated property (781,990) (311,473)
Allowance for funds used during construction 0 (362,685)
Deferred income taxes (121,781) 38,241
Other noncash items, net 516,836 244,207
Changes in assets and liabilities which provided (used) cash:    
Accounts receivable and customer deposits, net (275,196) 1,393,153
Inventories and gas in storage 2,568,942 5,285,142
Regulatory and other assets (2,765,027) (891,152)
Regulatory liabilities (1,006,472) 88,368
Other 736,041 (91,522)
Net cash provided by operating activities 17,433,625 23,796,700
CASH FLOWS FROM INVESTING ACTIVITIES:    
Additions to utility property (22,094,406) (25,306,524)
Investment in unconsolidated affiliates (18,258) (2,133,534)
Proceeds from disposal of utility property 79,032 37,940
Net cash used in investing activities (22,033,632) (27,402,118)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings under line-of-credit 45,388,194 33,172,013
Repayments under line-of-credit (38,575,585) (28,818,441)
Proceeds from issuance of unsecured notes 10,855,000 1,103,800
Retirement of notes payable (10,175,000) (1,300,000)
Debt issuance expenses (101,206) (33,722)
Proceeds from issuance of stock (4,679,209) (3,903,362)
Cash dividends paid (8,088,851) (7,808,077)
Net cash provided by financing activities 3,981,761 218,935
NET DECREASE IN CASH AND CASH EQUIVALENTS (618,246) (3,386,483)
BEGINNING CASH AND CASH EQUIVALENTS 1,512,431 4,898,914
ENDING CASH AND CASH EQUIVALENTS 894,185 1,512,431
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Interest 6,273,144 5,299,959
Income taxes 2,940,000 1,775,145
Significant noncash investing activities:    
Accrued capital expenditures $ 1,257,734 $ 1,132,621