XML 78 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Cash flows from operating activities:    
Net income $ 19.9 $ 21.7
Adjustments to reconcile Net income to Net cash provided by operating activities:    
Depreciation and amortization 31.8 31.4
Amortization of intangibles 1.8 27.8
Amortization of debt market value adjustments (4.8) (4.7)
Deferred income taxes 23.3 (9.2)
Changes in certain assets and liabilities:    
Accounts receivable 19.5 (3.4)
Inventories (4.4) (0.6)
Taxes applicable to subsequent years 17.2 22.9
Deferred regulatory costs, net 3.6 7.2
Accounts payable 2.7 (1.8)
Accrued taxes payable (33.7) (21.6)
Accrued interest payable 23.7 29.1
Pension, retiree and other benefits 3.2 2.1
Insurance and claims costs 1.0 0.8
Other 1.4 2.3
Net cash provided by operating activities 106.2 104.0
Cash flows from investing activities:    
Capital expenditures (33.8) (54.0)
Increase (Decrease) in Restricted Cash (12.7) (8.7)
Net cash used for investing activities (47.0) (63.4)
Cash flows from financing activities:    
Dividends paid on common stock   (45.0)
Payment to former warrant holders   (9.0)
Contributions to additional paid-in capital from parent   2.0
Net cash used for financing activities   (52.0)
Cash and cash equivalents:    
Net change 59.2 (11.4)
Balance at beginning of period 192.1 173.5
Cash and cash equivalents at end of period 251.3 162.1
Supplemental cash flow information:    
Interest paid, net of amounts capitalized 11.3 5.7
Income taxes paid/(refund), net (20.0) 7.0
Non-cash financing and investing activities:    
Accruals for capital expenditures 10.6 24.1
THE DAYTON POWER AND LIGHT COMPANY [Member]
   
Cash flows from operating activities:    
Net income 30.2 38.1
Adjustments to reconcile Net income to Net cash provided by operating activities:    
Depreciation and amortization 33.6 34.7
Deferred income taxes 22.9 (2.4)
Changes in certain assets and liabilities:    
Accounts receivable 13.2 (0.6)
Inventories (4.3) (2.0)
Taxes applicable to subsequent years 16.7 21.5
Deferred regulatory costs, net 3.6 7.1
Accounts payable 2.7 (2.2)
Accrued taxes payable (25.3) (15.0)
Accrued interest payable 2.3 7.5
Pension, retiree and other benefits 3.2 2.1
Unamortized investment tax credit (0.6) (0.6)
Other 3.6 10.8
Net cash provided by operating activities 101.8 99.0
Cash flows from investing activities:    
Capital expenditures (33.6) (53.2)
Increase (Decrease) in Restricted Cash (12.7) (8.7)
Net cash used for investing activities (46.8) (62.6)
Cash flows from financing activities:    
Dividends paid on common stock (55.0) (45.0)
Dividends paid on preferred stock (0.2) (0.2)
Net cash used for financing activities (55.2) (45.2)
Cash and cash equivalents:    
Net change (0.2) (8.8)
Balance at beginning of period 28.5 32.2
Cash and cash equivalents at end of period 28.3 23.4
Supplemental cash flow information:    
Interest paid, net of amounts capitalized 7.9 2.4
Income taxes paid/(refund), net (20.0) 6.1
Non-cash financing and investing activities:    
Accruals for capital expenditures 10.6 24.1
Renewable Energy Certificates [Member]
   
Cash flows from investing activities:    
Payments to Acquire Intangible Assets (0.5) (0.7)
Renewable Energy Certificates [Member] | THE DAYTON POWER AND LIGHT COMPANY [Member]
   
Cash flows from investing activities:    
Payments to Acquire Intangible Assets $ (0.5) $ (0.7)